Employee Benefit Trust Minutes - 09/30/2024 City of Wichita Falls
Employee Benefits Trust Board
Meeting Minutes
September 30, 2024
The meeting was held in the Conference Room at Big Blue Tower, 719 Scott Ave, Wichita
Falls, TX 76301 .
Present: Kinley Hegglund, City Attorney
Paul Menzies, Acting City Manager
Christi Klyn, Director of Human Resources
Stephen Calvert, Chief Financial Officer
Lori Forester, Employee Benefits Specialist II
Agenda Items:
Meeting was called to order at 2:00PM
II. Minutes from the previous meeting on September 16, 2024 were approved.
III. Discussion and vote of premium increase for UHC post-65 Retirees.
While the Inflation Reduction Act was meant to provide financial relief for enrollees, the
insurance carriers have passed the extra cost onto the customers due to changes in
requirements for Medicare Part D:
• Insulin is available at $35 per month cap per covered prescription.
• Recommended adult vaccines, such as the shingles vaccine, are available at no cost.
• There will be a $2,000 cap on out-of-pocket prescription drug costs.
• Medicare Part D enrollees will be able to pay their out-of-pocket prescription drug costs in
the form of capped monthly payments.
United Healthcare (UHC) has increased rates 36.6% for 2025, which will increase
enrollee's monthly premiums from $275.19 to $375.17 in 2025. This bid was negotiated by
HUB, and is presented as a recommendation.
Christi Klyn made the motion to accept the bid in the amount of $375.17 for United
Healthcare Advantage plan for the 2025 plan year. In order to assist retirees with this
added expense, Christi Klyn also added to the motion to include these post-65 Retirees to
the Premium Holiday schedule.
Motion carried with four members in favor, zero against.
IV. With no further business, the meeting was adjourned.
Prepared by:
Lori Forester, EBSII City of Wichita Falls/HR-EBT