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Cost Analysis - Westborough Teachers Association

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TOWN OF WESTBOROUGH

COST IMPACT OF PROPOSED HEALTH PLANS

February 24, 2010



Plan Type Coverage Headcount Current Plans Total Annual Total Annual Total Annual Projected Proposed Plans Projected Total Projected City Total Projected

Rates as of Cost City Cost Employee Cost Plan 7/1/2010 Cost Cost Employee Cost

3/1/2010 Headcounts

Active Blue Choice POS City Contribution Employee Blue Choice Value City Contribution Employee

Non-Medicare Contribution Plus POS Contribution







75% 25% 75% 25%

POS Individual 102 $761.08 $931,562 $698,671 $232,890 102 $731.84 $895,772 $671,829 $223,943

Family 123 $1,996.28 $2,946,509 $2,209,882 $736,627 123 $1,919.59 $2,833,315 $2,124,986 $708,329

POS Totals $3,878,071 $2,908,553 $969,518 $3,729,087 $2,796,815 $932,272

Fallon Select City Contribution Employee Fallon Select City Contribution Employee

HMO Contribution Higher Copay Contribution

Plan



75% 25% 75% 25%

HMO Individual 74 $594.07 $527,534 $395,651 $131,884 37 $483.20 $214,541 $160,906 $53,635

Family 213 $1,544.54 $3,947,844 $2,960,883 $986,961 107 $1,256.30 $1,613,089 $1,209,817 $403,272

Fallon Direct City Contribution Employee

Higher Copay Contribution

Plan



75% 25%

37 $420.39 $186,653 $139,990 $46,663

106 $1,092.98 $1,390,271 $1,042,703 $347,568

Harvard Pilgrim City Contribution Employee HMO Blue Value City Contribution Employee

HMO Contribution Plus HMO Contribution







75% 25% 75% 25%

HMO Individual 24 $885.81 $255,113 $191,335 $63,778 24 $709.00 $204,192 $153,144 $51,048

Family 52 $2,303.10 $1,437,134 $1,077,851 $359,284 52 $1,862.00 $1,161,888 $871,416 $290,472

HMO Totals $6,167,626 $4,625,721 $1,541,907 $4,770,634 $3,577,978 $1,192,659

Totals 588 $10,045,697 $7,534,274 $2,511,425 588 $8,499,721 $6,374,793 $2,124,931



Notes: Total Premium Savings $1,545,977

1. Premiums and headcount provided by Town of Westborough February 22, 2010 Total Town Premium Savings $1,159,482

2. Assumes 50% of current Fallon Select subscribers enroll in proposed Fallon Select and 50% enroll in proposed Fallon Direct HMO's Total Employee Premium Savings $386,494

3. Assumes 100% of current Harvard Pilgrim HMO subscribers enroll in HMO Blue Value Plus HMO









Boston Benefit Partners, LLC 2010

TOWN OF WESTBOROUGH

PROJECTED 5-YEAR AGGREGATE COST SAVINGS OF PROPOSED VALUE PLANS

PREMIUM ASSUMPTIONS: ALL PLANS 75/25

February 2010



Costs FY 2011 FY 2012 FY 2013 FY 2014 FY 2015





Total Annual $10,045,697 $11,050,267 $12,155,293 $13,370,823 $14,707,905

Westborough Plans Cost

and Costs Total Annual $7,534,274 $8,287,700 $9,116,470 $10,028,117 $11,030,929

75/25 Town Cost

Contribution Split Total Annual $2,511,425 $2,762,567 $3,038,823 $3,342,706 $3,676,976

Employee Cost

Total Annual $8,499,721 $9,349,693 $10,284,662 $11,313,129 $12,444,442

Proposed Plans Estimated Cost

and Costs Total Estimated $6,374,793 $7,012,270 $7,713,497 $8,484,846 $9,333,331

75/25 Town Cost

Contribution Split Total Estimated $2,124,931 $2,337,423 $2,571,166 $2,828,282 $3,111,110

Employee Cost



Total Annual $1,545,977 $1,700,574 $1,870,631 $2,057,694 $2,263,463

Cost Savings

Projected Savings

Total Annual $1,159,482 $1,275,430 $1,402,973 $1,543,271 $1,697,598

Under Proposed

Town Savings

Plans

Total Annual $386,494 $425,143 $467,658 $514,424 $565,866

Employee Savings



Total Projected 5-Year Premium Savings $9,438,339

Total Projected 5-Year Town Premium Savings $7,078,754

Total Projected 5-Year Employee Premium Savings $2,359,585



Notes:

1. Westborough premium assumption calculate a 10% average yearly increase

2. Westborough employees will pay higher costs for office visits and prescription drugs wihich will offset a portion of their premium savings.

3. Office visit copays will increase to $10 on July 1, 2010, to $15 on July 1, 2011, and to $20 on July 1, 2012









Boston Benefit Partners, LLC 2010

TOWN OF WESTBOROUGH

WHAT WILL THIS FEEL LIKE TO THE MEMBER?

BLUE CHOICE POS (CURRENT) versus BLUE CHOICE VALUE PLUS POS

February 24, 2010







Blue Choice

Blue Choice POS Value Plus POS

(Current) (Proposed)

[PCP Referred Benefits] [PCP Referred Benefits] Impact on Employees

Service 25% Employee Contribution 25% Employee Contribution Annual Premium

Annual Single Premium $2,283 $2,196 $88

Annual Family Premium $5,989 $5,759 $230

Member Copayments

GP Office Visit Copay $5 $10 $5 higher per visit cost

ER Visit $25 $75 $50 higher per visit cost *

Radiology (MRI, PET, CT) No charge $75 $75 higher per service cost *

Hospital Admission



No charge $150 per admission $150 higher per admission cost *









Outpatient Surgery No charge $100 per incidence $100 higher per incident cost *





Drugs (Retail)

Tier 1 $10 $10 Same copay

Tier 2 $20 $25 $5 more per script

Tier 3 $35 $50 $15 more per script

Drugs (Mail Order; 90 day supply)

Tier 1 $10 $20 $10 more per script

Tier 2 $20 $50 $30 more per script

Tier 3 $35 $110 $65 more per script



Note:

* Town proposal includes a Health Reimbursement Arrangement for ER, Radiology, Inpatient, and Outpatient copayments









Boston Benefit Partners, LLC

TOWN OF WESTBOROUGH

WHAT WILL THIS FEEL LIKE TO THE MEMBER?

FALLON SELECT HMO (CURRENT) versus FALLON SELECT HIGHER COPAY HMO

February 24, 2010









Fallon Select HMO

Fallon Select HMO Higher Copay Plan

(Current) (Proposed) Impact on Employees

Service 25% Employee Contribution 25% Employee Contribution Annual Premium

Annual Single Premium $1,782 $1,450 $333

Annual Family Premium $4,634 $3,769 $865

Member Copayments

GP Office Visit Copay $5 $10 $5 higher per visit cost

ER Visit $25 $75 $50 higher per visit cost *

Radiology (MRI, PET, CT) No charge $75 $75 higher per service cost *

Hospital Admission



No charge $150 per admission $150 higher per admission cost *









Outpatient Surgery No charge $100 per incidence $100 higher per incident cost *





Drugs (Retail)

Tier 1 $5 $10 $5 more per script

Tier 2 $15 $25 $10 more per script

Tier 3 $35 $50 $15 more per script

Drugs (Mail Order; 90 day supply)

Tier 1 $10 $20 $10 more per script

Tier 2 $30 $50 $20 more per script

Tier 3 $105 $70 $35 less per script



Note:

* Town proposal includes a Health Reimbursement Arrangement for ER, Radiology, Inpatient, and Outpatient copayments









Boston Benefit Partners, LLC

TOWN OF WESTBOROUGH

WHAT WILL THIS FEEL LIKE TO THE MEMBER?

FALLON SELECT HMO (CURRENT) versus FALLON DIRECT HIGHER COPAY HMO

February 24, 2010









Fallon Direct HMO

Fallon Select HMO Higher Copay Plan

(Current) (Proposed) Impact on Employees

Service 25% Employee Contribution 25% Employee Contribution Annual Premium

Annual Single Premium $1,782 $1,261 $521

Annual Family Premium $4,634 $3,279 $1,355

Member Copayments

GP Office Visit Copay $5 $10 $5 higher per visit cost

ER Visit $25 $75 $50 higher per visit cost *

Radiology (MRI, PET, CT) No charge $75 $75 higher per service cost *

Hospital Admission



No charge $150 per admission $150 higher per admission cost *









Outpatient Surgery No charge $100 per incidence $100 higher per incident cost *





Drugs (Retail)

Tier 1 $5 $10 $5 more per script

Tier 2 $15 $25 $10 more per script

Tier 3 $35 $50 $15 more per script

Drugs (Mail Order; 90 day supply)

Tier 1 $10 $20 $10 more per script

Tier 2 $30 $50 $20 more per script

Tier 3 $105 $70 $35 less per script



Note:

* Town proposal includes a Health Reimbursement Arrangement for ER, Radiology, Inpatient, and Outpatient copayments









Boston Benefit Partners, LLC

TOWN OF WESTBOROUGH

WHAT WILL THIS FEEL LIKE TO THE MEMBER?

HARVARD PILGRIM HMO (CURRENT) VERSUS HMO BLUE VALUE PLUS

February 24, 2010









Harvard Pilgrim HMO HMO Blue Value Plus

(Current) (Proposed) Impact on Employees

Service 25% Employee Contribution 25% Employee Contribution Annual Premium

Annual Single Premium $2,657 $2,127 $530

Annual Family Premium $6,909 $5,586 $1,323

Member Copayments

GP Office Visit Copay $5 $10 $5 higher per visit cost

ER Visit $50 $75 $25 higher per visit cost *

Radiology (MRI, PET, CT) No charge $75 $75 higher per service cost *

Hospital Admission



No charge $150 per admission $150 higher per admission cost *









Outpatient Surgery No charge $100 per incidence $100 higher per incident cost *





Drugs (Retail)

Tier 1 $5 $10 $5 more per script

Tier 2 $15 $25 $10 more per script

Tier 3 $35 $50 $15 more per script

Drugs (Mail Order; 90 day supply)

Tier 1 $10 $20 $10 more per script

Tier 2 $30 $50 $20 more per script

Tier 3 $105 $110 $5 more per script



Note:

* Town proposal includes a Health Reimbursement Arrangement for ER, Radiology, Inpatient, and Outpatient copayments









Boston Benefit Partners, LLC



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