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City of Rocky Mount 2009 – 2010 - Medical Plan

City of Rocky Mount 2009 – 2010 - Medical Plan. April 15, 2009. 2009 – 2010 Medical Plan Performance. Without plan design changes there will be an increase in funding of 17% for 2009 – 2010 Medical Plan by the City and the employees.

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City of Rocky Mount 2009 – 2010 - Medical Plan

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  1. City of Rocky Mount 2009 – 2010 - Medical Plan April 15, 2009

  2. 2009 – 2010 Medical Plan Performance • Without plan design changes there will be an increase in funding of 17% for 2009 – 2010 Medical Plan by the City and the employees. • Because of the economic realities, a 17% increase is not an option for the City or employees. • For 2009 – 2010 the City offer two plans: • An HSA Plan. • Traditional Copay Plan. • Mark III has clients who are experiencing positive plan performance by implementing this strategy.

  3. There have been a significant change in the claims activity?

  4. It is a result of a significant increase in the number of High Cost Members.

  5. 2009 – 2010 Renewal Calculation The medical plan was marketed and there is not a compelling reason to change payors.

  6. 2009 – 2010 Renewal

  7. Health Savings Accounts • On July 1, 2009, the City will deposit $500 into Health Savings • Account participants account. • The State Employees Credit Union will be the recipient of the City’s • and employees deposits. • You can use the HSA for unreimbursed medical expenses. • Low utilizers build up positive HSA balances and receive recognition • that doesn’t exist in traditional plan designs. • The HSA plan design promotes efficient utilization of health plan • resources. • And yet, the protection is still there for those who have health care • needs.

  8. Health Savings Accounts – How do I know it is for me??

  9. Health Savings Accounts

  10. Health Savings Accounts

  11. Health Savings Accounts

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