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Overview <br />TheCityofLaPortehasretainedHUBInternationaltoprovideanalysisandrecommendationsforits <br />healthandwelfarebenefitsplansforthe2022planyear.Thepurposeofthismeetingistoprovidean <br />updatetofinancialresultsanddiscussstrategicplanningforrenewaleffective1/1/2023. <br />Financials <br />Atplanyearend2021theCityofLamedicalandprescriptionplancostswere97%ofplan <br />fundingperbudget.Medicalclaimsincreased10%whilepharmacyclaimsdecreased-5.17%during <br />thesameperiod.For2021,therewere8largeclaimants(over50%ofSpecificDeductible) <br />representing25%oftotalclaimutilizationversus11largeclaimantswith52%oftotalclaimsutilization <br />in2020.StopLossreimbursementstotaled$248,962for2021versus$1,271,995forthe2020plan <br />year.Theplanfinishedtheyearwithareportedsurplusof$236,165. <br />HUBhasincludedatimelineinthispresentationforplanyear2022andrenewal2023. <br />© 2022 HUB International Limited. <br />4 <br /> <br />