PEB Board hears reports on COVID-19, 2021 benefit changes, and new PEBB plan offerings
On June 17, 2020, the Public Employees Benefits Board (PEB Board) met telephonically.
In their June 17 meeting, the PEB Board revisited Resolution 2020-06, which was originally proposed and considered during the May 28 meeting. The PEB Board voted to approve this resolution, which creates a new Uniform Medical Plan (UMP) option effective January 1, 2021.
This new medical plan is called UMP Select. It will have the same covered services and provider network as UMP Classic. The plan differences for UMP Select will be the cost shares:
- Annual deductible (medical): $750/$2,250 (single/family)
- Annual deductible (drug): $250/$750 (single/family)
- Out-of-pocket maximum (medical): $3,500/$7,000 (single/family)
- Coinsurances: 20%/80% (member/plan)
More information about UMP Select, including monthly premiums, will be available closer to the PEBB Program’s annual open enrollment this fall.
The following information was presented to the PEB Board during the June 17 meeting. See the briefing book for all materials presented.
- Katy Hatfield, Assistant Attorney General, trained the PEB Board in the rules of parliamentary procedure. She presented in place of Michael Tunick.
- Dave Iseminger, Employees and Retirees Benefits (ERB) Division director, updated the Board on proposed revisions to the Board’s bylaws.
- Megan Atkinson, HCA chief financial officer, and Dave Iseminger discussed anticipated financial impacts of COVID-19 on the state’s budget. As a result of this discussion, the PEB Board chose to revisit Resolution 2020-06, described above.
- Beth Heston, PEBB procurement manager, presented on the ERB Division’s procurements for the PEBB Program and described anticipated benefit changes for plan year 2021.
- Ellen Wolfhagen, a senior account manager in the ERB Division, explained features of the new PEBB Medicare Advantage-Prescription Drug plans and how they compare to other types of retiree plans.
- Tanya Deuel and Sara Whitley, both from the Financial Services Division, presented proposed 2021 premiums and carriers for the PEBB medical plans for retirees who are enrolled in Medicare. The PEB Board is scheduled to vote on these resolutions in their next meeting on July 15.
- Rob Parkman, policy and rules coordinator in the ERB Division, updated the Board on the timeline for the annual rule-making process for the PEBB Program. He also described the changes they anticipate to PEBB rules for plan year 2021.
The next public meeting of the PEB Board is scheduled for July 15. The meeting may be held telephonically. If so, Board members and the public may only be able to attend via telephone. The call-in number will be noted on the meeting agenda, which will be posted on the PEBB Program Meetings and materials webpage.
For more information
You can find more information on the PEBB Program webpage.