Meeting Called to Order by Thomas Woodruff
Bill Thompson presented the monthly dashboard report on financials. The
financials indicated that paid claims and fees were continuing to run 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. In particular,
pre- and post-HEP trends show a significant change with pre-HEP being nearly 8%
for active employees and post-HEP being 2.2%. The EGWP for medicare retirees
continues to show significant savings.
Tom and Katie Longley reported on continued progress with the Partnership
plan. The open enrollment meetings New London are going well. In addition,
Griswold is joining the Partnership Plan.
Tracy Dunn discussed the Open Enrollment Fair schedule and the timeline for active employee and retiree open enrollment this year.
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