Employee Benefit Trust Minutes - 08/21/2015 City of Wichita Falls
Employee Benefits Trust Board Minutes
August 21st, 2015
The meeting was held in the City Council Conference Room, 1300 Seventh Street,
Wichita Falls, TX 76301.
Present: Harvey Glen Barham, Mayor
Darron Leiker, City Manager
Jim Dockery, Deputy City Manager
Kinley Hegglund, City Attorney
Christi Klyn, Human Resources Director
Pat Halverson, Director of Finance
Angela Bosma, Employee Benefits Specialist
Brian Lester, Employee Benefits Specialist
Brent Weegar, IPS Advisors, Principal
Rebekah Ross, IPS Advisors, Sr. Account executive
Bennett Champagne, IPS Advisors, Benefit Analyst
Billy and Mrs. Henderson, Retirees
Agenda Items:
I. Meeting was called to order at 10:00 a.m.
II. Meeting minutes from May 13th, 2015, were approved.
III. A motion, which was previously approved by city council members, was made to
amend the ordinance to a 5 member panel of trustees, with the Deputy City
Manager in a voting role, and a quorum vote would move from 2 to 3. This proposal
was approved by the panel unanimously.
IV. Financial report was presented and discussed.
V. IPS Briefing
a. IPS briefed the following: historical plan cost analysis, budget projections,
benchmarking, current plan designs/contributions, recommendations and
2015/2016 timeline. Recommendations were made regarding the RFP dental
and vision plans, subsidy rates, health plan and stop-loss premium
adjustments, co-pays, deductibles, and out-of-pocket-maximums in response to
a projected 44.6% increase in claims cost YTD for PY 14-15. IPS also
introduced recommendations for a catastrophic care health plan as well as a
health savings account plan.
b. IPS briefed the results of the Employee Family Health Center Survey conducted
through Survey Monkey. The responses regarding quality of care and service
rated high. The primary concerns highlighted were extending hours of service
and access to acute care.
VI. The Take Care Wage Works non-discrimination addendum was approved.
VII. Open Discussion: No further items
VIII. Meeting was adjourned at 12:04 p.m.