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8/29/1983
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8/29/1983
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7/23/2015 11:50:01 AM
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6/11/2015 3:08:01 PM
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Meetings
Meeting Type
Special Call Meeting
Document Type
Minutes
Meeting Date
08/29/1983
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AUG 2 9 1983 <br />BOOK 15-PAG119 <br />only result from a catastrophic situation wherein everyone <br />either got sick or was—in an accident in the first three <br />months of the policy year. <br />Administrator Wright asked if Gulf Life would consider <br />stop loss on a monthly basis, and Mr. Schlitt stated they <br />could not—get them to do that. <br />OMB Director Barton stated that he felt he had a <br />responsibility to let the Board know that the possibility <br />they could be exposed to the maximum premium does exist. <br />Chairman Bird wished to know if we go with either of <br />the plans and continue to utilize their people for most of <br />the paperwork for the processing of claims as we have been <br />doing, whether Dr. Hardin felt that we could go another year <br />without having to add additional personnel to handle <br />insurance claims at the county level. <br />Dr. Hardin stated that it would require some extra <br />effort, but he believed it could be done. <br />Administrator Wright compared basic rates, noting that <br />Aetna is $7.00 higher per month on the family rate and $5.00 <br />on the single rate. He asked what additional administrative <br />work would be required beyond what we are doing now if we <br />went to Gulf Life, and Dr. Hardin stated that all we need to <br />do is verify employment. <br />Mr. Wright felt that is not a big problem, and <br />commented that there are some other minor differences, but <br />the policies are about 95% similar. <br />Commissioner Scurlock noted that Aetna is registered in <br />every state and Gulf Life is not and wished to know if that <br />would pose any problem. <br />Administrator Wright explained that they pay off in all <br />states; they just do not sell their policies in some states. <br />Chairman Bird was concerned about the employees' point <br />of view as to claims processing and asked what would happen <br />to claims in.process if we went with the new company on <br />4 <br />
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