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In our net assets of 21 million but there are a lot of things that could occur between now and the end of june that could affect that. The 21 million includes 13 1 2 million in assets and this as we mentioned before they are reserves and an analysis of stables reserves and contingency reserves that will be done and incorporated into next year. 2. 8 million in favorable claims experiences in blue shields and nor the reported. 2. 4 million in the shared dental plan and a reduction of 1 million estimated medical hmo premium revenues avenue application of the early retirement reassurance program. This is the federal money being used. One of the things that happens is a reduction in the estimated hmo insurance premiums. 700,000 increase to account for the time between the fsa contribution and filing of claims. 800,000 for interest assuming that we have no significant increases in those yearend value including investments. 200,000 reduction for transfers to the general fund. So what does thi ....
Could affect that. The 21 million includes 13 1 2 million in assets and this as we mentioned before they are reserves and an analysis of stables reserves and contingency reserves that will be done and incorporated into next year. 2. 8 million in favorable claims experiences in blue shields and nor the reported. 2. 4 million in the shared dental plan and a reduction of 1 million estimated medical hmo premium revenues avenue application of the early retirement reassurance program. This is the federal money being used. One of the things that happens is a reduction in the estimated hmo insurance premiums. 700,000 increase to account for the time between the fsa contribution and filing of claims. 800,000 for interest assuming that we have no significant increases in those yearend value including investments. 200,000 reduction for transfers to the general fund. So what does this mean . When you take the 21 million you add it to the 71 million that i was discussing before and you end up with ....
Before anybody gets excited about that, we have in terms of reserves and obligations, we have 68. 6 million. When you net those out, you are just looking at 8. 7 million that is quasi free, but its not, but, so thats our room if every obligation is realized and reserve is realized in the next fiscal year. So, that, you know, we are not a wash with money. Lets put it that way. So the 24 million increase in net assets between 20112012 and 2013, consist of 20. 5 million in a combination of utilization in a city health plans reserve which we call what you may have heard before and the savings conversion from the pharmacy medicare benefits. There was 1. 5 million in the flex plan for 2013. 3. 1 million net decrease in the blue shields fully in insureds plan from july through december by the 2 percent premium pledge and 1. 6 million net increase in other benefits. So, that nets you us out to the 77. 3 million. We have a net point 6 million. That is a continue continue contingency in reserves ....
Reserves and an analysis of stables reserves and contingency reserves that will be done and incorporated into next year. 2. 8 million in favorable claims experiences in blue shields and nor the reported. 2. 4 million in the shared dental plan and a reduction of 1 million estimated medical hmo premium revenues avenue application of the early retirement reassurance program. This is the federal money being used. One of the things that happens is a reduction in the estimated hmo insurance premiums. 700,000 increase to account for the time between the fsa contribution and filing of claims. 800,000 for interest assuming that we have no significant increases in those yearend value including investments. 200,000 reduction for transfers to the general fund. So what does this mean . When you take the 21 million you add it to the 71 million that i was discussing before and you end up with 98. 4 million. When you net out that 68. 6 million for the obligations and reserves, you get a balance of 29. ....