The Kentucky Association of Counties, Inc. Medical Benefits Committee held an annual meeting upon adjournment of the KACo Insurance Agency Board of Directors meeting on Thursday, March 28, 2024. This meeting was held at 400 Englewood Drive in Frankfort, Ky. and via video teleconference, pursuant to proper notice given in accordance with KRS 61.826 and 65.312(3).
The roll was called. The following committee members were present: KACo President-elect Dan Mosley, Harlan Co. Judge/Executive; Stevie Givens, Butler Co. Magistrate; Joe Pat Covington, Scott Co. Judge/Executive; Ronnie Akers, Floyd Co. Magistrate; Harry Clark, Rowan Co. Judge/Executive; Jim Henderson, KACo Executive Director/CEO; and Michelle Fellowes, McCracken Co. Human Resources Coordinator.
Others participating included: Temple Juett, Director of Insurance and Business; Karen Basham, Chief Financial Officer; Kris Dunn, Associate Director of Insurance; Andrea Morse, Insurance Agency Manager; Alyssa Rogers, Staff Accountant; Kelly Harding, KACo Marketing Agent, HUB International/Peel and Holland; Jesse Penn, Computer Support Specialist; and Sonya Chesser, Executive Assistant to CEO/Director of Administrative Services.
Judge Mosley called the meeting to order at 2:54 p.m.
Mr. Henderson introduced Ms. Fellowes to the board as McCracken County Fiscal Court designated her as its representative.
Judge Mosley asked the board to introduce themselves to Ms. Fellowes.
Motion made by Steve Givens, seconded by Harry Clark, to approve the minutes of the March 30, 2023 meeting as presented. Motion carried.
Mr. Harding presented and discussed the 2024 Anthem Association Health plan. He said the initial renewal included an increase of 12.22% and was adjusted to 11.18% or $57,320,788 in annual premium. He said the Association plan has had an eight-year average of 6.38% increase.
Motion made by Joe Pat Covington, seconded by Stevie Givens, to accept the Anthem 2024-25 renewal proposal of 11.18% average increase for the Association Health Plan. Motion carried.
Mr. Harding presented and discussed the expense projections for plan year 2024. Although he projects a slight increase in general operating expenses, he recommended leaving the per employee per month (PEPM) charge the same as last year at $13.29 PEPM, broken down as follows: $0.69 for general operating expenses, $2.15 for data analytics and $10.45 for administration expenses. Agent commissions remain the same as set in 2022 at $32.50 PEPM for groups of 2-50 employees and $28.50 PEPM for groups of 51 or more employees.
Motion made by Stevie Givens, seconded by Ronnie Akers, to accept the 2024-25 proposed Association Health Plan administrative fee of $13.29 per employee per month. Motion carried.
The next annual meeting will be held in the first quarter of 2025 to coincide with the KACo Insurance Agency quarterly meeting.
Motion made by Stevie Givens, seconded by Ronnie Akers, to adjourn the meeting at 3:20 p.m. Motion carried.
