HAY ASSOCIATES ANALYSIS OF THE ASSOCIATION BENEFIT PLAN AND 1985 OPTIONS
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP87-00868R000100050022-7
Release Decision:
RIPPUB
Original Classification:
K
Document Page Count:
1
Document Creation Date:
December 22, 2016
Document Release Date:
April 17, 2009
Sequence Number:
22
Case Number:
Publication Date:
December 23, 1983
Content Type:
MEMO
File:
Attachment | Size |
---|---|
CIA-RDP87-00868R000100050022-7.pdf | 40.92 KB |
Body:
Approved For Release 2009/04/17: CIA-RDP87-008688000100050022-7
'`~ .~
SUBJECT: Hay Associates' analysis of the Association Benefit Plan
and 1985 options,
Judy Cahill of Hay .Associates met with Joe Sexton and C/IB on
19 December to discuss the next steps in Hay's analysis of the Association
Benefit Plan and 1985 options. The first area to be considered is the
viability of a Low Option. Judy requested the following information to
examine this possibility - demographics including cover, double coverage
information, experience and utilization by area and some analysis of 1983
Open Season activities. We agreed to have as much information as possible
available during the first week of January for use in house. As part of
the analysis, Hay will also consider the Medicare Wrap Around as one type
of low option. By the end of the first week of January, Hay will have
an outline on how they propose to approach analysis of the following:
2. Possible benefit restructuring including consideration of some
employee suggested benefits - Dental, rabbinical circumcision,
pre-paid plan, routine physicals etc.
3. Specific proposals in the Mental and Nervous area such as
separate catastrophic or deductible, greater government
contribution possibilities.
4. Pros and Cons in considering another underwriter.
5. Theoretical Alternatives - Reinsurance, Minimum Premium Payments etc.
Approved For Release 2009/04/17: CIA-RDP87-008688000100050022-7