|
|
Plan
Alternatives for 2001 projections |
|
|
|
|
|
|
|
|
|
|
Current
Plan |
Alt
1 |
Alt
2 |
Alt
3 |
Alt
4 |
Alt
5 |
Alt
6 |
|
|
|
|
|
|
|
|
| Individual
Ded. |
300 |
500 |
500 |
400 |
400 |
500 |
400 |
| Family
Ded. |
2
x Ind. |
3
x Ind. |
3
x Ind. |
3
x Ind. |
3
x Ind. |
2
x Ind. |
2
x Ind. |
| Benefit
% |
85%/80% |
80%/75% |
80%/75% |
80%/75% |
80%/75% |
80%/70% |
80%/70% |
| Coinsurance
Maximum |
$2,000 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$3,000 |
$3,000 |
| Pharmacy
Copays |
$7/$20 |
$7/$20/$30 |
$5/$30 |
$7/$20/$30 |
$5/$30 |
$7/$20/$35 |
$7/$20/$35 |
| Expected
Claims |
|
|
|
|
|
|
|
| before
changes |
$5,811,199 |
$5,811,199 |
$5,811,199 |
$5,811,199 |
$5,811,199 |
$5,811,199 |
$5,811,199 |
| Expected
Claims |
|
|
|
|
|
|
|
| after
changes |
$5,811,199 |
$5,323,059 |
$5,346,303 |
$5,427,660 |
$5,450,905 |
$5,179,231 |
$5,283,833 |
|
|
|
|
|
|
|
|
| Total
Plan Costs |
$6,312,780 |
$5,824,639 |
$5,847,884 |
$5,929,241 |
$5,952,486 |
$5,680,812 |
$5,785,414 |
|
|
|
|
|
|
|
|
| Funding
at Current Rates |
$4,469,077 |
$4,469,077 |
$4,469,077 |
$4,469,077 |
$4,469,077 |
$4,469,077 |
$4,469,077 |
| Surplus/Deficit
without Increase |
($1,843,703) |
($1,355,562) |
($1,378,807) |
($1,460,164) |
($1,483,409) |
($1,211,735) |
($1,316,337) |
| Shortfall(%
to break even) |
41.3% |
30.3% |
30.9% |
32.7% |
33.2% |
27.1% |
29.5% |