Loading...
Employee Benefit Trust Minutes - 05/07/1997 CITY OF WICHITA FALLS EMPLOYEE BENEFITS TRUST MEETING MAY 7, 1997 present: Greg Humbach, Chair James Berzina, City Manager Jan Stricklin, Employee Benefits Administrator Gail Garmon, Employee Benefits Coordinator The meeting vas called to order by Mr. Humbach at 2:10 PM. The minutes of the JULY 11, 1996 meeting was approved with no corrections. Agenda Items: Financial Statement: The first item presented by Ms. Stricklin vas the Claims Comparison. Claims paid for the period of 10/01/96 through 03/31/97 were: Dental - $78,577.01 and Medical - $1,161,337.51 for a total paid of $1,239,914.52. Ms. Stricklin noted that the total for this same time period last year was $1,390,584.31. She then presented charts showing the amount of claims submitted and paid for employee, spouse, and dependents for the period of 07/01/96 through 03/31/97. She explained that the In- Hospital expenses continue to be the largest benefit to be paid. She noted that for this period of time, the total submitted was $3,034,252.89 and the total paid out was $1,803,616.39. The difference of 1,230,636.50 not paid out by the City is due to case management of claims, deductibles, occurrence fees, out of pocket expenses, and the Prompt Payment Provider discounts. Ms. Stricklin also presented a comparison of the total amounts paid by Employee Benefits Trust for the previous five year period as follows: 91/92 $1,900,000.00; 92/93 $2,800,000.00; 93/94 $2,200,000.00; 94/95 $2,300,000.00; 95/96 $2,700,000.00. Mr. Humbach asked if anyone had met the $150,000.00 Stop Loss specific for the current period. Ms. Stricklin said that no one had met the specific as of this meeting, but that there is the potential for a dependent reaching that amount before the end of this fiscal year. Motion vas made and seconded to accept the Financial Statement as presented. Motion vas passed unanimously. Ratification of Stop Loss Ms. Stricklin asked the Board to accept and award the Stop Loss Renewal to US Benefits, our present carrier. This was due to the fact that US Benefits vas giving us the same rate as last year. A bid from American Stop Loss was a lower bid as far as the monthly rate, but their projected annual maximum that they would pay out vas $3,631,092.00 and the same figure from US Benefits vas $4,078,000.00. Motion was made and seconded to accept the Stop Loss bid from US Benefits for the fiscal year 96/97. Motion passed unanimously. Ratification of Prompt Payment Agreements Ms. Stricklin presented the Board with a list of current Prompt Payment Providers and reported that a new Prompt Payment Provider booklet is being printed and should be ready to send out within the next fey weeks. She stated that we are still in the process of sending out and accepting new agreements from providers. She also noted that last year we had agreements with 196 providers, and that thus far this year we have 321 agreements. The primary reason being that a Fee Schedule agreement had been negotiated with Texoma Total Care, which includes about 125 providers from Wichita -Falls and the surrounding area. Motion vas made and seconded to accept the Prompt Payment Provider list. Motion passed unanimously. Old Business Ms. Stricklin reported that Employee Benefits Trust had changed software companies from Employee Benefit Plans in Minneapolis to a company called RIMS (Resource Information Management Systems) in Chicago. She further reported that she had been approached by Texas Municipal League with a proposal for them to adjudicate our claims for us through a time share agreement. TML is also on the RIMS system so it would be of no benefit for us to join their system. It would, in fact, cost us a sizable amount of money to do the same thing we are doing now on our own. Ms. Stricklin then reported that she is ready to ask the eye doctors from here and the surrounding area to join us in our effort to again obtain eye exams and eye year at discounted rates. Letters will go out to the providers in June, with services to be provided in July and August. She expressed hope that we would be able to obtain rates as good as we had a year ago. She then stated that one of our Prompt' Payment Providers, Dr. Suggs, will do RR surgery for City employees, dependents, and retirees at a discount rate of $1350.00 for both eyes, including post exams and enhancements. Ms. Stricklin reported that we had just finished another successful campaign for PSA exams and Mammograms through our On Site Medical Clinic. Rev Business Ms. Stricklin reported that the terminals being used in Employee Benefits Trust for the processing of the claims were obtained years ago from Employee Benefit Plans. These terminals are no longer functional and for the time being, PC's have been borrowed from Data Processing and have been converted to use as terminals. She stated that new terminals for that office would need to be added to the next budget process. Projected cost of those terminals is $4,000.00. Ms. Stricklin stated that she is putting together a proposal to present to the County to administer their health plan. Mr. Berzina stressed that if this takes place, the City of Wichita Falls needs to make sure that the agreement with the County vill • cover the cost of additional staff, equipment, etc. that will be needed to take on a group as large as the County. There being no further business to discuss, the meeting was adjourned. Respectfully submitted, J- tricklin Em. oyee Benefits Administrator