2017_CommitteesAnnualReport_Final

HEALTHCARE COMMITTEE

MISSION ■ ■ Annual renewal – review of current plan and utilizations. ■ ■ Make recommendations of changes to the plan to the Executive Team.

2017 YEAR IN REVIEW

■ ■ Committee met on a quarterly basis. ■ ■ Effective Jan. 1, 2017, Cigna continues as the plan administrator for the Health Insurance Plan. No Medical Plan changes. Increased Dental Benefit coverage from $1,000 to $1,500. Open Enrollment meetings conducted in Dec. 2016. ■ ■ Effective Jan. 1, 2017, Sun Life is selected as our new Stop Loss Insurance carrier. ■ ■ Sun Life continues as the administrator for Life Insurance and short- term disability / long-term disability. ■ ■ Group Dynamic continues as the FSA Administrator. ■ ■ Quarterly meetings (Lunch and Learns) have been completed with Cigna assistance to educate our employees on plan design (i.e., Plan Summary/Copayments; Benefits Overview and Plan Exclusions and Limitations and Cigna Telehealth). ■ ■ Based on Utilization, participants are staying in network (benefiting from an over 50% discount on medical expenses for using providers within Cigna Network) and Emergency Room costs have decreased. ■ ■ Completed Benefit Meetings on a monthly basis for new hires. ■ ■ Flu Shot Clinics provided in Meriden, Hartford and Camp Hill. ■ ■ Added one new member to the team, Annette Hyland as a linker to the Wellness Team. ■ ■ 2018 Renewal process was completed, results came in with an approximate increase of 500K. Committee made the recommendations to continue with Cigna, Sun Life and Group Dynamic.