JEFFERSON HEALTH PLAN (JHP) OCTOBER 24, 2018 MEMBERSHIP MEETING

George Ash, Board Chair, called the meeting to order and welcomed everyone in attendance.

MINUTES APPROVED:
Motion by Adam Pittis, East Guernsey LSD, seconded by Chuck Kokiko, Jefferson County ESC, to approve the minutes from the April 25, 2018 Membership meeting. On call, all yes, motion carried.

CHAIRMAN REMARKS:
Dr. Ash updated the membership on the Service Contact Guide, he introduced the JHP Team and Board, reviewed the Michigan expansion project, reviewed the schedule for the educational seminar and announced partner donations.

AUDITOR REPORT:
Presented by Adele Jasion. Key indicators as of June 30, 2018 are: Total Reserves: $129,509,270; Total Revenue: $323,003,725; Surplus/Deficit: $9,793,900 and Covered Employees: 18,209. Key Underwriting Financial Indicators for FY18 are: Member Reserve ratio as a percent of claims: 29.7%; LCRP free reserve ratio as a percent of Pool claims: 84.19%; Administrative Ratio: 5.8%. $.94 of Premium Dollars are used for Benefits. The market value of investments as of September 30, 2018 was $155,440,670.

FINANCIAL REPORT APPROVED:
Motion by Bob Alsept, Buckeye Career Center, seconded by Steve Dickerson, Hillsdale Local Schools, to accept the financial report as presented. On call, all yes, motion carried.

BUSINESS UPDATE:
Presented by Mark Schlagheck. Employee headcounts, broker representation, network distribution by headcounts, population by employer type, average claim discounts, portion of gross paid claims by network and claim distribution were reviewed. The City of Springfield (500 employees) has come on as a member effective July 1. An update on wellness and disease management was provided and several compliance matters were reviewed. The membership was reminded of the Hospitality, the Educational Seminar. The Spring Membership Meeting will be held on April 17, 2019.

ADJOURNMENT:
Motion by John Wilson, seconded by George Ash, that the meeting be adjourned at 4:27 p.m.

Respectfully Submitted,

Don Donahue, Recording Secretary