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Summary of 2016 Renewals
Medical
2016 Blue Cross Blue Shield of Kansas City
Initial BCBSKC renewal calculation called for a 9.6% increase.
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Loss Ratio was 74%
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$648,328 of ongoing large claims
Reviewed several plan alternatives
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Increasing copays on the base and buy-up plans
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Increasing deductibles on the base and buy-up plans
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Two consumer driven plan options; (one stand alone and one paired
with CBIZ primary care HRA program)
Negotiated to a 5.9% increase inclusive of ACA increases with no additional plan
changes.
Dental
Delta Dental of Missouri
Renewal calculation called for an increase of 8.8%
Final Negotiated renewal as 5.9% (includes ACA fees)
Vision
Superior Vision
Renewal coming off of a 2-year rate guarantee
Initial and final renewal calculation called for 4% increase with a 4-year rate
guarantee
Life/AD&D and
Vol Life/AD&D
Metlife
Initial and final renewal was 6.6% increase
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There was a $47,000 life claim paid in August 2015.
Life rate increased form $0.15 per $1,000 to $0.16 per $1,000
AD&D rate remains the same
Disability
Metlife
The Short Term Disability received a rate pass and 2-year rate guarantee.
The Long Term Disability received a (-13.51)% decrease reducing the rate from
$0.459 to $0.397/$100 month a 2-year rate guarantee
Voluntary Products
Unum – Allstate
The Unum and Allstate programs were not receiving an increase, however, the
plans were not meeting the needs of POAH.
Plans were marketed
New plans as of 2016
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Critical Illness and Accident-Voya Financial. Inc.
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Voluntary STD- KC Life
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Both Programs under 2- year rate guarantee
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