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Health Service Board to study applying City Plan rate-stabilization deficit to active members after debate
Summary
After Aon recommended amortizing a $351,000 City Plan stabilization shortfall ($117,000 applied in 2020), the board debated whether to spread the cost across all members or apply it to actives or early retirees and voted to bring the item back for further action and analysis.
Mike Clark of Aon presented the UnitedHealthcare City Plan utilization and claims experience for calendar year 2018 and recommended amortizing one-third of a projected $351,000 rate-stabilization deficit—$117,000—to 2020 rates across rating tiers. Clark told the Health Service Board the adjustment would raise presented rates by about 0.3 percentage points, roughly translating to about $5 a month per covered life."The…
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