2006 Executive Council Input Director of Member Benefits Insurance Submitted by Russ Mitchell July 30-31, 2006 Marriott Hotel Albuquerque, New Mexico, U.S.A.

August Overview Looked at a number of different policy options NO options were “wonderful” when insuring one employee and family Blue Cross Blue Shield Anthem provided the best “mix and match” options (7 different levels and option sets) “Key Care PPO” vs “Virginia Standard”

August Various deductible limits available typically high Various coinsurance limits 0-20% Buffet styled to avoid unneeded coverages –Maternity –Dental –Supplementary accident Manages costs by high deductibles Plan costs are just over 1000 Allows access to “any” doctor Virginia Standard Policy

August Key Care PPO Wide range of deductables (300 – 5000) Various coinsurance 0% -20% Max out of pocket varies a bit too from 0 to $1500 Lower monthly costs ~ Difference could go into a health savings account to cover coinsurance and deductables

August Some health care math If the policy costs 718 a month and has a 1500 deductible per year 8616 is the cost of insurance. And if we allocate 1000 per month (12000) Leaving 3384 for a health savings account and ample to cover the out of pockets.