Town of Rocky Hill
Board of Education
Finance Committee
Minutes of Meeting
A special meeting of the Finance Committee of the Rocky Hill
Board of Education was held on Tuesday, February 24, 2004, in the
superintendent's conference room.
Present were: Anne Schmidt, Neil
Geldof, Francis Palazzolo, Charles McMonigle, Nadine Bell, Robert Lindberg,
Insurance Consultant, Gregory Turansky, Director of Finance & Operations,
and Dr. J. A. Camille Vautour, Supt. of Schools. The meeting was called to order at
Mr. Lindberg provided an update on the competitive bid process for the Board’s medical benefits program. At this time Mr. Lindberg indicated that the two main competitors were CIGNA and Anthem.
A detailed analysis indicated that the Anthem bid was slightly lower than CIGNA (approximately $34,000). Mr. Lindberg indicated that the Anthem bid needed to be analyzed with respect to the question of member contribution. Under the Anthem proposal member contributions would be higher than the amounts negotiated with bargaining units under recent contract negotiations. While the Board could make the switch to Anthem if able to show comparability of plans and physicians lists, the bargaining units could grieve the change in contribution levels. In Mr. Lindberg’s opinion the $34,000 advantage to Anthem would be lost in legal fees if a grievance were filed over contribution levels. Consequently, he recommended remaining with CIGNA.
After considerable discussion consensus was reached to remain with the Board’s current carrier. Mrs. Schmidt requested that Mr. Lindberg request a letter from CIGNA agreeing not to propose an increase for the next year exceeding the industry trend line.
In closing the meeting, Mrs. Schmidt requested that Mr. Lindberg provide the Finance Committee with a monthly update on year-to-date experience for our bargaining units.
The meeting adjourned at
Respectfully submitted,
Dr. J. A. Camille Vautour
Recording Secretary
APPROVED BY: _______________________
DATE: ________________________