First of all were very familiar with joe nation who basically is the one who supervisor elsbernd yes. As an advocate for pension reform, compiles these types of comparison studies. What i was trying to imply and actually stated, every three years the board goes through this exact process. They use actual positions in the current portfolio and they go forward and model those to try and find out obviously weighing return for risk, what would be the best and most prudent way to sort of change the composition of the portfolio. Supervisor elsbernd im sorry, jay. Ill get back to you because you mentioned one other thing i forgot to ask when he spoke. Risk. Weve gone through a big process over the last few years, by our former cao over risk analysis. Can you put on the record with a quee are doing at the retirement system. As far back as seven years ago there were Business Plan initiatives that the board adopted. The main noaks was to learn how to measure risk. The progress weve made is weve
There is no hiding place down here remembering high yeah angelou. From staggering personal hardship im just a victim of circumstance to president ial friendship the horizon moves forward. And pietro that moved a nation. I see what the end is going to be but first, the night line 5. Number one in 60 seconds. Good evening. Anybody who has ever had their home burglarized knows that terrifying feeling of powerlessness and personal violation. But now increasingly people are fighting back using technology. And we are not talking super sophisticated, you have to be a Rocket Scientist technology. You are about to meet real people who have rigged their own homes with surveillance cameras and then had the surreal experience of watching the bad guys invade live. Here is abcs jay schadler. Reporter you are watching a home invasion, a wouldbe burglar breaking into a new jersey home. Seems he may have done this before. First thing he spots a surveillance camera and turns it away. Now, thinking he is
Of this city and say were not going to answer your questions, were going to go ahead, try us and leave it at that. Thank you. Next speaker please. Good afternoon supervisors, my name is gus. I wanna say that whereas weve seen reluctance and initial reluctance to provide the needs that the committee was seeking of works are actually going down and whereas we both have seen kaiser taking disturbing stances on statewide legislation, im concerned about the approach that kaiser is taking with the city. The notion that an advance by this committee to request that kicked off their health insurance, that does that indicate a good faith attempt by kaiser to work well with the city. We heard representative say earlier they want to move closer with the city. That sounds like a threat to me. If that was a result, that would not be the action of this committee resulting in hundred thousand plus people being taken off their insurance, that would be kaiser. There is room for a deal and a fair deal. O
Thats just for inflation and on top of it we discuss loss ratios. I appreciate what ciu and the unions are doing because i represent a lot of people who are not highly compensated. I appreciate what hss is doing and these Board Members to try to make things transparent. I want you to know i work with a lot of Insurance Companies and a few years ago when my clients were having difficulties a lot of us brokers met with kaiser. They helped us with a lot of carriers that were increasing their individual products for individual people at 28 percent, kaiser listened and made it a lot more competitive for a lot of our members to join. I currently insure about 2000 individuals, represent 1200 companies. Just go on line and pull it up and youll see what trend is. 6. 3 to 7 percent. And kaiser is really doing a great job to retain your rates and keep your rates competitive, but i know one thing. They have learned from this experience, and i know for a fact that given the opportunity, kaiser will
Point. Surely this discussion could have taken place before the deadline loomed this close so i do urge you to start this process earlier next year, but please, please do not disrupt the contract process. There are thousands of kaiser members with issues and medical conditions and children and family members who depend on kaiser and kaiser and watched it go from a small imperfect system to a much better provider. So please move this forward and urge your colleagues to vote for it. Were already going through a lot as families, dont put us there anymore. Thank you. Thank you. Next speaker please. Good afternoon. Members of the board of supervisors, my name is fred, im a broker here in San Francisco. As a lot of you Board Members know, i represent about 1200 Small Businesses and i just wanted to say i just pulled up on google about trends and this trend on healthcare before we talk about loss ratio, is running about 6. 3 percent to 7 percent. Thats just for inflation and on top of it we d