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  2. Board Of Aldermen - Minutes - 3/31/2020 - P47

Board Of Aldermen - Minutes - 3/31/2020 - P47

By dnadmin on Sun, 11/06/2022 - 23:15
Document Date
Tue, 03/31/2020 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Tue, 03/31/2020 - 00:00
Page Number
47
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__033120…

Health Care Claims remain the largest challenge.

FY19 Claims Total FY19 Claims by Type
35,000,000

Type of Plan Total Claims Avg.Claims/Employee | 30,000,000
HDHP 6,119,217 15,414 95 000000 -
HMO 33,035,013 20,045; °°
POS 2,192,436 26,737 | 20,000,000
Grand Total 41,346,666 15,439 15,000,000

# of Employees by Flan 10,000,000
HOHP 397 5,000,000 {+
HMO 1648 0
POS 82 HDHP HMO POS
Grand Total 2127

Difference in AVG Clalms HMOVSHDHP $4,632 Estimated Savings with 1/2 HMO Population Changes to HDHP © $3,816,662.56

(per employee) (Based on Avg Claims 2019)

Page Image
Board Of Aldermen - Minutes - 3/31/2020 - P47

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