Reassurance Program News Today

Thank you steve. Good afternoon everybody. Welcome to our dc members and or guests. It is wonderful to be here at the Detroit Economic Club. Organization is long attracted some of the nation his most distinguished thinkers and innovators. It is my privilege to introduce todays participants. Well engage us to the capitated rating discussion about the future of healthcare. The may begin by introducing our guest speakers, someone who ive known for monday years and consider him a mentor and a friend...

Roll call commissioner scott excused committing dribbling and supervisor farrell we have quorum item one action approval with modification of the minutes of the regular meeting of february 12, 2016, any corrections to the february 11th meeting with specifications. I move to approve second any Public Comments or discussions from the board seeing none, were ready to vote. All in favor, say i. I. Opposed . Okay that motion carries that item passes next item please decision item general Public Comme...

Thank you. Next speaker, please. My name is sylvia johnson. Distraction of areas in Golden Gate Park [inaudible] this is an issue about citizen [inaudible]. This ordinance and [inaudible] they dont know what they are doing. This goes to [inaudible] as this is an issue thats been going on. [inaudible] thank you. Next speaker, please. Good afternoon board of supervisors meetings this cumin and garlic me today my dog. I am here to support item 20 on the agenda. Sir please speak into the microphone ...

Health care cost. With the passing of prop c, the traditional 1. 04 charge was increased to 2. 05 effective january 1, 2013. The expenses for against this account for 2013 include about 800,000 on going expenses annual expenses mostly related to open enrollment materials every year. The preparation of the guides, enrollment application and additional videography and other on Going Services that we have in addition to the salaries for Communications Manager and our wellness coordinator. 806,000 a...

Out and helping their coordinators but it also includes providing training, wellness training and increasing our eap capabilities and help on an outside basis. There are training and lots of classes providing that now. The next one is increasing fiscal controls. What we would like to do is have our department participate in Intern Program that brings us new talent that the Intern Program actually trains accountants. Thats really the only way to get into city in through that Intern Program. Hes a...

Medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 ...

Of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We start...

5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million gu...

Favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shiel...

Public comment . Seeing none. Item no. 11. Discussion item. Update on Financial Reporting as of december 31, 2013. Pamela levine. Deputy director chief Financial Officer of service system. I too will make this very quick. Weve gone through six 6 months of the year and we are projecting for the trust to have a 23 to increase our fund balance by 23. 1 million. This is 4. 5 million greater than what we reported in our last meeting. We have tied up all of our money and we are in a really good financ...