Champaign County Labor Management Health Insurance Committee Met May 18.
Here is the minutes provided by the committee:
I. Call to Order
Ms. Bates called the meeting to order at 3:02pm.
II. Approval of Minutes – July 21, 2020
MOTION by Ms. Michaels to approve the minutes of the March 16, 2021 meeting; seconded by Mr. Summers. Upon vote, the Motion Carried unanimously.
III. Insurance Plan Renewal Quote
Mr. Malachowski provided handouts, compared monthly paid premiums vs. monthly paid claims from January 1, 2018 thru April 30, 2021, discussed medical and pharmacy loss ratios, medical claim expense distribution, and provided an overview of high cost claimants. Mr. Malachowski stated that he believes that we will see a 20+% renewal increase from BCBS based on the formula review. Mr. Malachowski will suggest variations to the out of pocket max at the next meeting as well as review the claims data that will include the month of May. It was decided that the June 15, 2021 meeting is cancelled. Future meetings will occur on July 13, 2021, July 27, 2021, August 10, 2021, August 24, 2021, September 7, 2021, and September 21, 2021.
IV. Other Business
None
V. Next Meeting
July 13, 2021
VI. Adjournment
Ms. Bates adjourned the meeting at 3:52 pm.
https://www.co.champaign.il.us/AdministrativeServices/LMHIC/2021/210518_Meeting/210518Minutes.pdf
Alerts Sign-up