ITEM NUMBER: 6.D.
School Board Regular Meeting
- Meeting Date:
- 05/01/2017
- Prepared By:
- Tom Sager
Item Type:
Action
Subject:
Act on 2017-2018 Employee Health Insurance Renewal Rates
Background:
On March 31, 2017, the District received five bids for the Employee Group Health Insurance. In accordance with the Health Insurance Transparency Act (HITA), the bids were opened with two members of the largest bargaining group. On April 17 & 24, 2017, the District employee insurance committee met and reviewed the bids and discussed the merits of each. The South Central Service Cooperative bid projected a 9.9% increase for 2017-18. Below is a summary of the bid results:
| Company | Rate Increase | Cap for Year 2 | Plan Design | Other Comments |
| SCSC | 9.9% | 9% | Stay Same | |
| Health Partners | 10.8% | 9% | Stay Same | |
| Medica | 12.0% | 12% | Stay Same | |
| PIEP | 8.0% | No Guarantee | Many Changes; HMO Model | Network Structure Changes |
| BCBS | 21% | No Guarantee | Stay Same | |
| Preferred One | No Proposal |
Recommended Action:
Based on overall costs, plan designs, network access and familiarity, the administration and the District employee insurance committee recommend acceptance of the South Central Service Coop bid for the 2017-2018 health insurance programs with the following rates:
PLAN SINGLE FAMILY
Basic + $904.00 $2436.00
Double Gold $1010.50 $2675.00
$500 CMM $753.00 $1988.50
$3250 CDHP $612.00 $1616.50
$6350 CDHP $488.00 $1289.50
Basic + $904.00 $2436.00
Double Gold $1010.50 $2675.00
$500 CMM $753.00 $1988.50
$3250 CDHP $612.00 $1616.50
$6350 CDHP $488.00 $1289.50