Public Meeting Notice

Public Meeting Notice  GIC Commission Meeting - June 17, 2021

Thursday, June 17, 2021
8:30 a.m. - 12 p.m.
  • Posted: June 15, 2021 8:43 a.m.
  • Last Updated: July 14, 2021 11:13 a.m.

Overview   of GIC Commission Meeting - June 17, 2021

GIC Commission Meetings are scheduled to inform, discuss, and vote on group insurance benefits and business process.

Agenda

Please note that this meeting will be held online.

The public may view the live-stream or view the recorded version on YouTube:  https://youtu.be/X61t7nz83ag

**Please note: The sequence of the agenda is under review and may change as a result of Commissioner feedback*

I. Approval of 05/20/2021 Minutes (VOTE)
II. Executive Director’s Report (INFORM)

  • Calendar
  • Human Resources
  • Communications/Legislation/Municipalities
  • Dependent Care Assistance Plan (DCAP)
  • Office Move Update
  • COVID-19 
  • Engagement / Conjoint Survey
  • Health Care Consultant and Life/LTD contracts to be signed

III. Cost Drivers (INFORM)

  • Discussion of Prescription Drugs and their impact on health care costs and premiums

IV. Cost Trends (INFORM)

  • Presentations by Health Policy Commission (HPC) & Center for Health Information and Analytics (CHIA) on health care cost trends

** Commission in Recess 10:30-10:40 **
V. Health Equity (INFORM)

  • Discussion about the state of health equity and possible interventions – lead by GIC, HPC, and CHIA

VI. CFO UPDATE (INFORM & VOTE)

  • FY22 Trust Fund Authorization Request (VOTES) 

Authorize GIC to use Employee Trust Funds, if necessary, for:

A. IT infrastructure, Administrative Services, Member Engagement

B. Retired Municipal Teachers’ Life Stabilization Reserve account  

  • COVID claims update (INFORM)
  • FY21 spending to date (INFORM)

VII. Annual Enrollment (INFORM & UPDATE)

  • Report on annual enrollment activity and the impact of annual enrollment on plan membership

VIII. Other Business/Adjournment

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