Agenda Item No. V. A. 3.

Washburn University Board of Regents

SUBJECT: University Health Plan Renewal

DESCRIPTION:

The University's Health Programs plan year with Blue Cross Blue Shield of Kansas is from November 1 to November 1 each year. For a third year in a row, there is no need for any increase in premiums. Our rates are a direct result of the changes we have implemented over the last three years, as well as the usage our group has experienced over this rating period. The University will continue a four tier premium schedule which, in essence, provides income adjusted family coverage based upon salary to assist lower paid staff afford family medical coverage. The University will continue two options -- a base option and a buy-up option.

The Benefits Committee, along with the Consultant, reviewed the renewal information from Blue Cross/Blue Shield, and recommends no changes to the existing coverage or rates.

The attached Premium sheets show the salary level changes based upon the 5.5% salary pool, to continue the University's support of premiums for dependent coverage for lower paid employees.

FINANCIAL IMPLICATIONS:

None. The amount budgeted is adequate to fund the Health Plan at the current rates.

RECOMMENDATION:

President Farley recommends Board of Regents approval to renew the University's Health Plan.

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(date) Jerry B. Farley, President