Employee Benefit Trust Minutes - 06/04/2007 J '
CITY OF WICHITA FALLS
EMPLOYEE BENEFITS TRUST BOARD MEETING
June 4, 2007
Present: Bill Sullivan, Chair
Darron Leiker, City Manager
Jim Dockery, Finance Director
David Winner, Human Resources Director
Gail Garmon, Employee Benefits Coordinator
The meeting was called to order at 9:05 a.m.
Agenda Items:
Approval of Minutes
David Winney made a motion to accept the minutes of the May 25, 2007 meeting.
Darron Leiker seconded the motion. Motion carried.
Discussion of Prescription Coverage Vendor Change
Jim Dockery inquired as to the possibility of being able to make the change from
Pharmacare to Walgreens Health Initiatives (WHI) by the July 1 deadline. Gail Garmon
reported that her office had already received the necessary eligibility files from
Pharmacare and that the change could be done on time.
It was decided that a letter would go out at the earliest possible date to all employees
covered by the plan, informing them of the upcoming change. The eligibility files from
Pharmacare would be forwarded to PSG Consultants who would then work with
Walgreens to facilitate the change.
The board felt that with the $186,000 projected savings to the plan in the upcoming year,
by making the vendor change, that there was no need to make any changes in the current
copays to the employees.
Darron Leiker made a motion to move the prescription coverage from Pharmacare to
Walgreens Health Initiatives, to be effective July 1, 2007 and to leave copays at the
current level. Jim Dockery seconded the motion. Motion carried.
It was further decided that because of the Medicare reimbursement subsidy contract with
Part D Advisors, all retirees will remain on the Pharmacare coverage until January 1,
2008. All retirees will be notified at a later date of their future change to Walgreens.
Other Business
Jim Dockery asked that a late June meeting be set to meet with representatives from
Gabriel, Roeder, Smith& Co., regarding GASB options.
The meeting was adjourned at 9:30 a.m.
Respectfully submitted,
Gail Garmon
Employee Benefits Coordinator