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HomeMy WebLinkAbout10-15-08 Regular Meeting of the Chapter 172 Employee Retiree Insurance and Benefits Board Meeting (2) Chapter 172 Emplovee Retiree Insurance and Benefits Board MeetinQ Minutes Notice is hereby given of a regular meeting of the Chapter 172 Employee Retiree Insurance and Benefits Board to be held on January 12, 2010 at 5:30 PM, at City Hall in the Council Chambers, 604 West Fairmont Pkwy, La Porte, Texas, regarding the items according to the agenda below: 1. Call to Order The meeting was called to order at 5:34 pm. 2. Administer Oaths of Office to new members. Oaths of office were administered to new members, Matt Daeumer and Aaron Corrales 3. Consider approval of minutes from October 15, 2008 meeting Motion was made by matt Daeumer to approve the minutes, Clark Askins seconded the motion. The motion carried. 4. Discuss City of La Porte's Medical Insurance Ron Bottoms presented to the Committee that the City had received a quote from TML for medical administrative costs. The analysis showed it could possibly save the City $40,000 annually in comparison to the City's current carrier. Ron also presented the fact that there should be some correlation between claims and employee premiums. He distributed a handout that explained a proposed formula. Martha agreed that the idea of a formula does make sense. Matt agreed the formula made since, but was concerned about the possible impact on the employees. Clark suggested imposing some sort of cap on the cost. Julianne mentioned she liked the accountability factor of the formula. 5. Discuss City of La Porte's Dental Insurance The idea of self-funding the dental plan with a local network was discussed. 6. Administrative Reports 7. Board Comments a. Matters appearing on the agenda b. Inquiry of staff regarding specific factual information or existing policy Matt requested cost reports to show medical claims and prescriptions and the discounts we are actually receiving with Aetna. He also questioned the role of the Chapter 172 Board as trustees or an advisory board. He requested the required training for new board members, more scheduled meetings to stay on top of things. Martha agreed with Matt regarding the training and the role of the board Clark Askins said he would look in to Chapter 172 and what the role of the committee should be. Julianne would like to have more scheduled meetings to monitor where we are. George VanDyke also requested the training. 8. Adjournment The meeting was adjourned at 6: 13 pm Respectfully Submitted, ~e ~d1'\ }-\ ! ! lec';0 '\