Discussion and possible action to approve plan design changes to the Webb County Employee Health Plan for plan year 2019; and any other matters incident thereto:
Issue: The plan design that currently governs the County's health insurance benefits is outdated and has significantly contributed to the ever increasing deficits in the County's self-insured health fund. Changes in benefits to match current trends in the health insurance industry are needed to help the County remain with the budgeted amount for the health plan.
Solution: 1) Wellness program funding increased from $2,000 to $50,000.00. 2) Change Pharmacy formulary from open formulary to four (4) tier Aetna formulary (Projected savings ($162,000.00 for 2019.
Result: By making changes to the plan, the County Will reduce deficits in the fund and stay within amounts budgeted for the self-insured health plan.