benefits through the stages of your life. the changing face of medical dues pat haines susan reimann...
TRANSCRIPT
Benefits through the stages of your life.
THE CHANGING FACE OF MEDICAL DUESPat Haines
Susan Reimann
Yvette Russell-Minor
Allison Seed
• What we plan to cover– A review of options– An overview of
• Operational impact– Process & communications– Board of Pensions service support
– A time for dialogue and discussion
2
WELCOME AND AGENDA
2
WHAT WE NEED FROM YOU
• Active participation in group discussion– Questions– Concerns– Feedback– Counsel
3
Action 2014 Dues 2015 Dues
Maintain Current Dues Model
23% effective salary
24.3% effective salary
4
REVIEW OF OPTIONS:OPTION A
4
Action 2014 Dues (Annual)
2015 Dues (Annual)
Maintain Dues at 21% for Member only; Introduce Dependent Coverage Tiers at flat amounts
Member: 21%+ Child(ren) =$534+ Partner = $664+ Family = $1,165
Member: 22%(Flat dollar amounts TBD)
5
REVIEW OF OPTIONS:OPTION B
5
Action 2014 Dues 2015 Dues
Set dues at % of effective salary and a lesser % for member only coverage
Dues w/ Dependents = 23%Dues w/o Dependents = 21%
Dues w/ Dependents = 25%Dues w/o Dependents = 22%
6
REVIEW OF OPTIONS:OPTION C
6
8
OPERATIONAL IMPACT:PROCESS & COMMUNICATIONS
• Begin planning– Ensure we are prepared to serve
• Providing information today and looking ahead– Dues calculator– Administrative rules– Invoices
• Greater support needed if model changes
9
OPERATIONAL IMPACT:PROCESS & COMMUNICATIONS
• Timeline• Vision for implementing• Board’s role• “Your” role
10
TIMELINE OF EVENTS
Special website
launched(March)
Summer Employer Mailing
(July)
Sept. Mailing(Sept.)
Annual Enrollment (Oct.-Nov. 15)
Statements to
confirm elections ongoing
(& at year-end)
Medical Dues
Effective (Jan.1. 2014)
11
PROCESS CYCLE
• Summer employer mailing• Information guide• Member report
• pensions.org Dues Calculator• Benefits Connect Dues Modeler
Communication and Decision Tools
12
• Summer Mailing with information guide, Section 125 guidance and member report
• pensions.org Dues Calculator• Benefits Connect Dues Modeler
Communication and Decision Tools
PROCESS CYCLE: JULY– SEPTEMBER
19
• Benefits Connect On Line Medical Change Process
• Member Confirmation• Employer Confirmation
Medical Coverage Change Process
PROCESS CYCLE:OCTOBER – NOVEMBER 15 (ANNUAL ENROLLMENT)
20
• Confirmation Statement Listing to Employer• Confirmation Statement to Member
Year-End Confirmation
PROCESS CYCLE:YEAR-END DECEMBER 2013
21
WHAT STAYS THE SAME
• Commitment to members• Commitment to employing organizations• High level of quality service• Member Service support wrapped around all
processes/communications
23
CONSIDERATIONS
• What are presbytery minimum salary compensation policies?
• What are local tools you might need?• How can we serve you in providing
communications and guidance?• How can you ensure your churches have
reviewed/have had discussions?• What questions do you anticipate employing
organizations to have?