DATE
| ||
| January
ü Human Resources provides an update on Open Enrollment processes and participation ü Quarterly EAP report ü 2nd Quarter investment update ü Quarterly THM report | ||
| February
ü Review previous years medical claim data ü IBNR mid-year review | ||
| March | ||
| April
ü Begin preliminary discussion with consultants on plan renewals ü Review Operational Manual ü Quarterly EAP report ü Quarterly THM report ü 3rd Quarter investment report ü Annual investment policy review and recommendations from investment advisor | ||
| May
ü Review Auditor Engagement for annual audit ü Review Consultant Engagement/Budget for upcoming fiscal year ü Annual Review of Total Health Care Management ü Review performance of investment advisor ü Approval of Annual investment policy review by Trustees | ||
| June
ü Establish Trust meeting schedule for the upcoming fiscal year ü Approval of Auditor Engagement for annual audit ü Approval of Consultant Engagement/Budget for upcoming fiscal year ü Review Compensation for Trust financial services ü Rotation of Trust Officers ü End of Fiscal year | June 30 | |
| July
ü Beginning of Fiscal year | July 1 | |
| August
ü Consultant presents proposed plan renewals and rates for upcoming Fiscal year to the Trustees ü Trust audit by independent auditor ü Quarterly EAP report ü Quarterly THM report ü 4th Quarter investment report | Mid-Late August |
DATE
| ||
| September
ü Finalize upcoming fiscal year plans and rates with consultants ü Open enrollment materials are prepared by the Benefits Department ü Trust audit by Office of Financial Management every other year (odd year) ü Review and approval of audit by independent auditor ü Begin Stop-Loss Insurance review (N/A in 2007) | Early September | |
| October
ü Plan documents are finalized between the Consultant and Human Resources ü Open enrollment begins ü Quarterly EAP report ü Quarterly THM report ü 1st Quarter investment report ü Discuss Incentive Options for THM ü Renew Stop Loss Insurance (N/A in 2007) | October 20 | |
| November
ü Open enrollment closes ü Review of annual report and budget for the Office of Financial Management | November 15 | |
| December
ü Fiduciary Liability Insurance Renewal ü Approval of annual report and budget for the Office of Financial Management |