1 / 13

REEP Annual Business Presentation

REEP Annual Business Presentation. Michael S. Davis Sr. Technical Analyst, Keenan & Associates Laurena Grabert Assistant Vice President , SETECH. Plan Performance Data. Plan Performance Data. Plan Performance Data. Plan Performance Data. Plan Performance Data. Plan Performance Data.

marvin-kirby
Download Presentation

REEP Annual Business Presentation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. REEP Annual Business Presentation Michael S. Davis Sr. Technical Analyst, Keenan & Associates LaurenaGrabert Assistant Vice President, SETECH

  2. Plan Performance Data

  3. Plan Performance Data

  4. Plan Performance Data

  5. Plan Performance Data

  6. Plan Performance Data

  7. Plan Performance Data

  8. Plan Performance Data

  9. Plan Performance Data

  10. Plan Performance Data • 2013-14 is projected to produce a small deficit for the medical/Rx plans • The Delta & MetLife dental plans should produce member equity for 2013-14 • The MES & VSP vision plans are projected to produce deficits for 2013-14 • All plans are financially sound • More detailed utilization analyses will be presented to the Board & IAC at a later date

  11. How has REEP Performed Financially? Plan Year 2013-2014 Laurena Grabert Assistant Vice President, SETECH

  12. Financial Overview as of 6/30/14 • ASSETS • Audited Beginning Assets at 6/30/13 - $30 million • Ending Assets at 06/30/14 - $29 million • Decrease in Assets - $1 million • LIABILITIES • Audited Beginning Liabilities at 6/30/13 - $12 million • Ending Liabilities at 6/30/14 - $11 million • Decrease in Liabilities - $1 million

  13. Positive Net Position • Net Position, as of 06/30/2014 and 06/30/2014, remained stable at $18 million, decreased by $300 thousand in 2013/2014 • Medical, Dental, remain in a positive net position of $16 million, Vision decreased by $300 thousand in 2013/2014 • Member Deficit Reserve $2 million, as of 06/30/2014

More Related