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Executive Summary <br />TheCityofLaPortehasretainedHUBInternationaltoprovideanalysisandrecommendationsforitshealthand <br />welfarebenefitsplansforthe2021planyear.Thepurposeofthismeetingistoprovideanupdatetofinancialresults <br />anddiscussstrategicplanningincludingcoverageupforrenewaleffective1/1/2022. <br />Financials <br />Atplanyearend2020theCityofLamedicalandprescriptionplancostswere80%ofplanfundingperbudget. <br />Medicalclaimsdecreasedby-4.0%whilepharmacyclaimsdecreased-8.1%duringthesameperiod.Overall,totalper <br />capitaplancostsdecreasedby-5.0%from$16,072PEPMto$15,319.For2020,therewere11largeclaimants(over <br />50%ofSpecificDeductible)representing43%oftotalclaimutilizationversus13largeclaimantswith52%oftotal <br />claimsutilizationin2019.StopLossreimbursementstotaled$1,271,995for2020versus$2,314,073forthe2019plan <br />year.Theplanfinishedtheyearwithareportedsurplusof$1,732,777whichweknowisprimarilyduetorestrictions <br />onaccesstocareundertheCOVID-19pandemic. <br />HUBhasincludedatimelineinthispresentationforplanyear2021. <br />© 2018 HUB International Limited. <br />4 <br /> <br />