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March 9, 2015

Meeting Called to Order by Thomas Woodruff

Healthcare Cost Containment Institute Presentation - Postponed to a later date

Financials and Dashboard  - Milliman presented the monthly dashboard report for financials. Pharmacy costs are continuing to drive overall costs. Milliman reported a significant increase in unit cost for generic, brand and specialty drugs. Within specialty, there has been significant cost increases in compound drugs driving high cost trends for pharmacy. Staff projected a significant shortfall in the retiree appropriation for fiscal year 2015 which will need to be monitored closely.

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