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SFHSS board approves 2021 budgets, applies $744,000 of UHC PPO deficit to 2021 rates

San Francisco Health Service System Board · February 13, 2020
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The San Francisco Health Service System Board unanimously approved the FY2021 general fund and sustainability fund budgets and accepted an actuary recommendation to amortize $744,000 of a $2.233 million UnitedHealthcare PPO rate stabilization deficit into 2021 rates, with the remainder carried forward.

The San Francisco Health Service System Board unanimously approved two budget packages and a recommended actuarial adjustment on Wednesday.

The board voted to adopt the proposed FY2021 general fund budget and the Health Care Sustainability Fund budget, which together outline annual and one‑time expenditures for operations, open enrollment and well‑being initiatives. Commissioner Wilfredo Lim told the board the mayor’s office instructed a 3.5% reduction target for department budgets, which the HSS…

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