MEDICAL PLAN Rates EFFECTIVE July 1, 2014
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Benefits Fringe Committee Meeting 4 24 14 PSW BENEFIT RESOURCES APRIL 24, 2014 1
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PSW BENEFIT RESOURCES APRIL 24, 2014. MEDICAL PLAN Rates EFFECTIVE July 1, 2014. - PowerPoint PPT Presentation
Transcript of MEDICAL PLAN Rates EFFECTIVE July 1, 2014
Benefits Fringe Committee Meeting 4 24 14
PSW BENEFIT RESOURCES
APRIL 24, 2014
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Benefits Fringe Committee Meeting 4 24 14
1. Fixed Costs (including Medical Administration Fees, Prescriptions Integration Fees, COBRA Administration Fees, HIPAA Administration Fees, YourCare Fees*, and PPO Network Access Fees)
2. Specific Stop Loss Premiums
3. Demographics (location of member)
4. Age
5. Sex
6. Utilization of Plan
7. Estimation of Run out of Claims Reserves
8. Medicare Coordination (Retirees)
9. Plan Design
YourCare is a Wellness product, it monitors chronic conditions, and includes wellness reminders & Health Risk assessments - $3.20 PEPM
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