Meeting Called to Order by Thomas Woodruff
April 1, 2013
Bill Thompson presented the monthly dashboard report on financials. The
financials indicated that paid claims and fees were running better than
originally budgeted for the fiscal year and that at the end of the year the
accounts should have a surplus. Medical trends are below what was originally
forecast and pharmacy costs have also remained under control. The EGWP for
Medicare retirees continues to show significant savings.
Tom Woodruff translated the overall spending numbers to the State budget appropriations and showed that the active employee state spend was on target with original forecasts and the retiree state spend was significantly below what was originally forecast.
Tom and Katie Longley reported on continued progress with the Partnership plan. Open enrollment meetings are beginning for New London.
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