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Insurance Programs Update May 29, 2009

Insurance Programs Update May 29, 2009. Medical Insurance Plan (MIP). RMIP is doing well Jim Clagett will speak to the MIP finances MIP Satisfaction Survey is underway-please participate!. Medical Insurance Plan (MIP): HQ. Accomplishments Dental Audit and Re-audit- problems corrected

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Insurance Programs Update May 29, 2009

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  1. Insurance ProgramsUpdate May 29, 2009

  2. Medical Insurance Plan (MIP) • RMIP is doing well • Jim Clagett will speak to the MIP finances • MIP Satisfaction Survey is underway-please participate!

  3. Medical Insurance Plan (MIP): HQ • Accomplishments • Dental Audit and Re-audit- problems corrected • RMIP Insurance Records Verification-$250,000 savings to the plan for 2008. Much more for 2009. • Replaced current Pharmacy Benefits Manager-$2,000,000 reduction in cost/year (MIP & RMIP) • Van Breda Participants now have an Aetna card when visiting the USA.

  4. Medical Insurance Plan (MIP): HQ • Special MIP Initiatives Underway • Prevention/Disease Management Program. Working with Catalyst to identify target illnesses. • Pilot of prevention/disease management program with HSD. (January 2009) • On-site Pharmacy in the Bank (Fall 2009)

  5. Upcoming • Rebid of the MIP Administrators (Aetna & Van Breda) –the Decision Process • Satisfaction Survey Staff/Retirees • Review of pricing for admin services. • Network access review • Review of competitors • Discuss with Procurement our Findings Other Issues? Tell me.

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