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SFHSS reports improved trust fund performance and shifting enrollment trends
Summary
CFO Larry Liu reported the employee benefits trust fund is tracking to a fiscal‑year gain and the SFHSS demographics report shows Medicare lives rising by about 1,857 while commercial lives fell by 3,177; the board accepted the 2020 annual report and heard planners will keep applying equity measures.
Larry Liu, chief financial officer for the San Francisco Health Service System, briefed the board on fiscal results through Jan. 31. He said the employee benefits trust fund is estimated to show a fiscal‑year end gain (reported figure in the packet: about $10,400,000) and noted year‑to‑date pharmacy rebates of $3.9 million. Liu said…
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