Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Health Service Board recommends moving Blue Shield active coverage to flex-funded model; supervisors send rate package to Board
Summary
The Health Service Board recommended a move to a flex-funded (self-insured/managed) Blue Shield product for active employees and early retirees to lower premium increases and increase transparency; Catherine Dodd and actuaries presented stochastic modeling, reserve targets and trade-offs that the Budget Committee sent to the full Board without recommendation so members can review.
The Budget and Finance Subcommittee reviewed a Health Service System rate package and a major policy shift recommended by the Health Service Board: moving Blue Shield active and early-retiree coverage from a fully insured arrangement to a flex-funded (managed self-insured) model.
Catherine Dodd, Health Service Board staff, presented the board’s recommendation and actuarial work. She said the aggregate rate increase for city benefit plans is roughly 1.4% and that moving Blue Shield to a flex-funded model reduces…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
