Madam secretary item 12 is the review and approval of the Kaiser Permanente nonmade care rates and premium contributions for the active and retiree members early retiree member plan year 2021. This is an action item and its presented by mike clarke from aeon. Mike clarke from aeon, and if we could go to the cover slide. I am going to present today the Kaiser Permanente 2021hmo rates and premium contributions, active employees and early retirees. Next slide, please. This outlines the contents of the discussion. I will review the renewal and review two design alternatives, one that proposes changes to two copays to match those of the blue shield of california hmo plan designs and also status quo design for 2021 if no plan Design Changes were made from 2020 to 2021. Then well move to review of the rate cards and present recommendation for Health Service board consideration. And you can see the items that we have in the appendix that we may refer to during the course of the presentation. N
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I think we would have to think about, you know, how the interoperability, the Data Integration and how that would work under the various models. I think that would be different under the hmo plans today versus the ppo plans. Page 30, the consolidated scenarios, this is where we would consolidate down to three plans. At open enrollment you would have choice of kaiser, and hmo potentially in this model and a ppo plan. However, the difference here is the hmo and the ppo plan would be provided by a single carrier. A carrier or insurer, or health plan, so at night, cigna, blue shield, United Healthcare would have both of these plans. They would manage both of these plans. Does that make sense . You are saying one of the Healthcare Providers would be providing us with an hmo . Correct. Today we have that split by health plans, this would say we are bringing those together under one health plan. Retaining and hmo plan design choice for the member at enrollments on a ppo plan at open enrollmen
Impact of fossil fuel usage. Second, the committee is encourages by the sixpoint recommendation for taking action on this topic, but would like to request more information regarding specific timelines for each of the action items lefted in the staff plan. The committee would like to communicate their grave concern regarding the possibility of a mass divestment of fossil fuels within a short time frame. The committee would advocate that the board undertake no such rash action until completing a complete analysis of the Financial Impact the effect it would have on pension performance and costs. We appreciate and understand the desire to divest from fossil fuels from different entities, but we must understand the implications of such a decision before its made. Sorry. Time. Thank you very much. Again, everyone has 1 minute. Were going to announce loudly when you are at your 1minute mark. Understand the constraints we have. Sara greenwald, are you present . Seeing shes not here. I will set
That we double up in this category then . You are a consultant. You are giving us advice for now and in the future. So if you believe its going to go up, why was that not in the recommendation that came before the board . Everybody in this room needs to understand that you hold securities in two places. You give them to managers and those managers make the decision on if the security is attractively valued or not. As a consultant, why dont you recommend us investing more money in the field if you think its going to go up . Were not recommending adding Additional Energy to the portfolio unless a manager hired to make that recommendation determines that thats what they should do. Were arguing that you dont take away that choice from them. The figures i quoted to you do not embed an expectation that Energy Prices will increase. What they do embed is taking energy away diversifies the portfolio. You made a statement that were making a political statement. Could you please back that up . My