benefits fringe committee october 22, 2015 october 2015 fringe benefits committee meeting
TRANSCRIPT
October 2015 Fringe Benefits Committee Meeting
Benefits Fringe Committee
October 22, 2015
October 2015 Fringe Benefits Committee Meeting
Agenda1. Introductions
2. State of the District
3. Five Year review of District Medical and Dental Claims
4. Fall 2015 Open Enrollment
• 125 Flexible Benefits Plan
• Fiscal Fitness Workshops
• Medicare Open Enrollment
5. Announcements/Issues/Feedback/Topics for Next Meeting:
• Next Meeting December 3, 2015 9am
October 2015 Fringe Benefits Committee Meeting
1.IntroductionsIntroductions & confirmation of committee members
The Fringe Benefits Committee studies manners and mechanism in the cost-effective delivery of benefits services
Representatives from:
1021: Ava Lee-Pang, Abigail Brewer,
PFT: Rick Greenspan, Jennifer Shanoski, Ed Jaramillo
39: Rick Putz, Selwyn Montgomery, William Highsmith
PRO: Debby Weintraub, Thomas Branca, Diana Lara
Management: Chanelle Whitaker, Marybeth Benvenutti, Charles Neal, Finance
Confidentials: Laura Maurice Leon
Facilitator: Jennifer Benford Seibert
October 2015 Fringe Benefits Committee Meeting
2.State of the District, Vice Chancellor Ron Little
Accreditation
Other Post Employment Benefit (OPEB) • State Funding
• Fiscal Health of the District
• Approved Budget
• Audit
October 2015 Fringe Benefits Committee Meeting
3. Five Year Review of District Medical and Dental Costs 2005 – 2010As presented in 2010
October 2015 Fringe Benefits Committee Meeting
3. Five Year Review of District Medical and Dental Costs
2011- 2015 as prepared by District Finance
2010-11 2011-12 2012-13 2013-14 2014-15 2010-11 2011-12 2012-13 2013-14 2014-15
Medical (Active and Retired)
21616135.78 20719373.9 22171997.22 23113039.62 22890693.95
Medicare Reimbursement
902970.81 1076752.98 1312111.76 1242474.28 1255875.12
Dental (Active and Retired)
1059207.93 999740.059999999
946449.849999999
981436.8 904833.94
Total
23578314.52 22795866.94 24430558.83 25336950.7 25051403.01
2,500,000.00
7,500,000.00
12,500,000.00
17,500,000.00
22,500,000.00
27,500,000.00
Five Year Review of District Medical and Dental Coasts
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is T
itle
October 2015 Fringe Benefits Committee Meeting
3.Revenues and Other Offsets2011-2015
Revenue & Other offsets 2011 2012 2013 2014 2015Cobra, refunds 1545337 1113315 659818 683664 870590Medicare D Subsidy 329309 328346 283383 313249 0
Total $ 1,874,646.00
$ 1,441,661.00
$ 943,201.00
$ 996,913.00
$ 870,590.00
Does not include payroll deductionsOnly tracks revenues received through the Benefits Office; Some transactions are processed directly through finance
2011 2012 2013 2014 20150
200000
400000
600000
800000
1000000
1200000
1400000
1600000
1800000
2000000
Revenues and Other Offsets
Cobra, refunds Medicare D Subsidy
October 2015 Fringe Benefits Committee Meeting
3. Ten year Review Of Medical Only (actives and retired combined)
2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015Medical (Active and Retired) 21885507 17113796 18459066 20062917 22148993 22519107 21796127 23484109 24355514 24146569
2188
5507
1711
3796
1845
9066
2006
2917
2214
8993
2251
9106
.59
2179
6126
.88
2348
4108
.98
2435
5513
.9
2414
6569
.07
2 0 0 5 -2 0 0 6
2 0 0 6 -2 0 0 7
2 0 0 7 -2 0 0 8
2 0 0 8 -2 0 0 9
2 0 0 9 -2 0 1 0
2 0 1 0 -2 0 1 1
2 0 1 1 -2 0 1 2
2 0 1 2 -2 0 1 3
2 0 1 3 -2 0 1 4
2 0 1 4 -2 0 1 5
MEDI CAL ( ACTI VE AND RETI RED)
October 2015 Fringe Benefits Committee Meeting
4.Fall 2015 Open Enrollment 125 Flexible Benefit Plan Open Enrollment
Fiscal Fitness Workshops
On-site flu shots provided by CVS to CoreSource members
Invited guests are based on Spring 2015 employee and retiree responses to Survey Monkey
October 2015 Fringe Benefits Committee Meeting
2015Survey Monkey Q1: Each year the Benefits Office enlists feedback from our community of employees and retirees to help us plan upcoming events. In keeping with past surveys, we are excited to hear from you. Let us know your preference for workshops to deliver over the next year. Select as many topics as you like
1. .
Answered: 230 Skipped: 20
October 2015 Fringe Benefits Committee Meeting
October 2015 Newsletter Peralta Community College District Benefits Office
333 East 8th StreetOakland, CA 94606
http://web.peralta.edu/benefits/
Inside this issue:
It’s Flexible Benefits Open Enrollment Time
Customer Services Resources on the Peralta benefits homepage.
BenefitBridge-Check your benefits
Medicare Reimbursement Program Expanded
Fall Fiscal Fitness 2015
Flu Shots for members of our self-funded plan (CoreSource CVS
Caremark)
2015 Fit, Fun, Fab Summer Weight Loss Challenge Winners Circle
In Memoriam
Need help?
Email your inquiries to [email protected] or call the Benefits Office for
assistance or re- routing.
Call 510-466-7229. Staff Assistant Ronnie Roberts-Roberts McCain can provide
medical or dental insurance claims assistance, enrollment and eligibility
support.
Direct policy questions to 510-587-7838,option 5.
October 2015 Fringe Benefits Committee Meeting
Medicare UpdatesMedicare Reimbursement Program expanded In October 2015, the Peralta Community College District Board of Trustees approved the expansion of the Medicare Reimbursement
Program to include Medicare Part D Income Related Monthly Adjustment Amounts (Part D-IRMAA).
If an individual retired on or before 4/30/13, Medicare Part D expenses incurred and paid on or after 9/1/15 are eligible for reimbursement; or
If an individual retired on or after 5/1/13 Medicare Part D expenses incurred and paid on or after 1/1/15 are eligible for reimbursement.
More information can be located in the Summary Plan Description being mailed to retirees of the District. The SPD is also available:
online at web http://web.peralta.edu/benefits/ or by calling 510 466 7229
Newsletter mailing:10/23 (audience=all)
Summary Plan Description (SPD) & Forms Mailing: 10/26 (all current retirees only)
October 2015 Fringe Benefits Committee Meeting
Newsletter and Announcements on www.Peralta.edu; http://web.peralta.edu/benefits/files/2011/04/October-2015-Peralta-Benefits-Everyone.pdf
October 2015 Fringe Benefits Committee Meeting
5. Announcements/Issues/Feedback/Topics for Next Meeting: Other Announcements Next Meeting Thursday, December 3, 2015 - 9:00am in District Board
Room
Other Topics:
Communications
What if you are a surviving spouse or other cobra participant who may miss a payment What happens to coverage
How do I use my vision plan better
Flex 125 mailing to current participants
Committee Goals
Other feedback
Save The DatesUpcoming Key Dates for 201611/1-11/30/2015 Flexible Benefits Enrollment window for calendar year 2016 participation 12/31/15 Deadline for submitting the Kaiser Reimbursement Form (next deadline
6/30/16)2/3/16 Annual Medicare Campaign1/1/16-/3/31/16 Medicare Open Enrollment Window