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Board approves actuarial recommendations: 10‑county amount, Blue Shield stabilization allocation and no stop‑loss premium
Summary
The board adopted the Aon Hewitt recommended 10‑county contribution amount ($579.24), approved Blue Shield rate stabilization allocations and voted to forgo stop‑loss coverage for the city plan, citing adequate reserves. Motions passed by voice votes.
The San Francisco Health Service Board on Tuesday approved several actuarial recommendations affecting 2016 rate development and the trust.
Aon Hewitt presented the charter 10‑county employee‑only contribution calculation and recommended a 2016 amount of $579.24 based on an average‑of‑averages of the 10 most populous counties. The actuary walked the board through the numerical methodology and explained that the 2016 figure represented a roughly 2.02 percent increase from last…
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