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HEALTHCARE COST CONTAINMENT COMMITTEE MINUTES
February 8, 2016

Meeting Called to Order by Tom Woodruff

Financials/Dashboard - Staff reported that the projected negative balance on the retiree side continues to grow. Increased pharmacy costs and increased population on the retiree side are contributing factors. Active balances remain positive. Segal reported there is an increase in medical and pharmacy trend and urged the committee to continue to seek opportunities to mitigate the trend increases.

Partnership - Staff reported that Partnership continues to be very active. There are several meetings scheduled with some larger groups showing a high level of interest in the program. In addition, staff is working closely with insurance vendors to ensure all websites are updated with 2.0 information.

SIM Update - Tom provided an update on the State Innovation Model (SIM).

No other old business was discussed.
 

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