2013 Human 2013 Human Resources Benefits Resources Benefits
UpdateUpdateandand
Open Enrollment MeetingsOpen Enrollment Meetings
November 13-20, 2013November 13-20, 2013
AgendaAgenda
Health Plan ReviewHealth Plan Review Affordable Care Act UpdateAffordable Care Act Update Summary of ChangesSummary of Changes Question & AnswerQuestion & Answer
Net Claims & Admin Fees Net Claims & Admin Fees vs.vs.
Deductions and AccrualsDeductions and AccrualsFY 2011-FY 2014FY 2011-FY 2014
Health Care Cost Health Care Cost DistributionDistribution
Claims paid 10/2012 thru 9/2013
Affordable Care Act Affordable Care Act UpdateUpdate
Maintain Grandfathered StatusMaintain Grandfathered Status Employer Mandate delayed until 2015 Employer Mandate delayed until 2015 Health Insurance Marketplace Notice – Health Insurance Marketplace Notice –
eff. 10/1eff. 10/1 Summary of Benefits and CoverageSummary of Benefits and Coverage Transitional Reinsurance Program BeginsTransitional Reinsurance Program Begins
PCORI feePCORI fee Transitional Reinsurance FeeTransitional Reinsurance Fee
Strategic Health Care GoalsStrategic Health Care Goals Find resources to assist employees in Find resources to assist employees in
leading healthy lives;leading healthy lives; Provide support to those in need when Provide support to those in need when
health issues arise;health issues arise; Offer tools to employees to manage the cost Offer tools to employees to manage the cost
and effectiveness of their own healthcare;and effectiveness of their own healthcare; Ensure the College has the financial Ensure the College has the financial
resources necessary to help those in resources necessary to help those in catastrophic need.catastrophic need.
2014 Strategic Health Care 2014 Strategic Health Care InitiativesInitiatives
WellnessWellness Continue current Wellness OfferingsContinue current Wellness Offerings Wellness Program Review by Health Wellness Program Review by Health
AmericaAmerica Financial ResourcesFinancial Resources
No premium increase through 5/31No premium increase through 5/31 $750 Incentive to Decline Health Plan $750 Incentive to Decline Health Plan
CoverageCoverage Service (Ongoing)Service (Ongoing)
Question & AnswerQuestion & Answer