Meeting Called to Order by Thomas Woodruff
Financials and Dashboard - Bill Thompson presented the monthly dashboard report on financials. The report demonstrated that paid claims in May for active employees increased but other costs remained flat and fees were continuing to run better than anticipated which should leave a small surplus in the FAD accounts at the end of the fiscal year. Medical trends are below what was originally forecast and pharmacy costs have also remained consistent with projections.
Partnership Plan Update - Staff reported that 3 new partnership groups enrolled effective 7/1/13 which will add about 2200 lives to the partnership plan.
Special Enrollment - Based on the 6/26/13 Supreme Court ruling that struck down the Defense of Marriage Act, OSC has announced a special enrollment period for employees and retirees who wish to add a same sex marriage or civil union partner. The special enrollment period runs from 7/8/13 through 9/13/13.
SIM Update - Tom provided an update on the work being done on the SIM project which includes the insurance companies working to negotiate ACO contracts statewide with physician groups.
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