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<br /> , <br /> . <br /> .Ii 3490 Lexington Avenue North <br /> League of Minnesota Cities St. Paul, M.N' 55126-8044 <br /> ~ <br /> May 19, 1994 <br /> To: Member cities - LMCIT small cities health plan <br /> From: LMCIT Board of Trustees <br /> Re: 1994-95 premium rates <br /> The LMCIT Board of Trustees is very pleased to announce that <br /> there will he no change in rates for the L~CIT ~~all cities <br /> health program tor k9~~-95. In addition, we're also happy to <br /> announce a new net.rtlrlt ...tieJ.on that will let cities reduce their <br /> premium :3~~~,for the coming year. -- <br /> ~ <br /> The LMCIT health plan has had an extraordinarily good year. <br /> There have been relatively few large claims, and the total <br /> amount of claims this year has been less than what we had <br /> projected when we set rates a year ago. While health care costs <br /> continue to increase faster than the general rate of inflation, <br /> . we project that the current rates will cover the projected <br /> increase in medical care costs over the coming year. <br /> New network options <br /> The Board is also happy to announce a lower-cost option for <br /> health coverage that will be available to cities in many areas <br /> of the state. By switching to a plan in which medical services <br /> for enployees are provided primarily through a network of health <br /> care providers, cities can reduce their premiums by 10%. <br /> LMCIT has arranged to make two networks, Select Care and <br /> PreferredOne, available to LMCIT members. Benefits under the <br /> network option are identical with the standard small-cities <br /> plan. But because the networks have negotiated fee discounts <br /> with the providers, we expect the total cost of health care <br /> through the networks to be less. This makes it possible for <br /> LMCIT to charge a lower premium if the city enrolls in one of <br /> J::he net'.rorks. <br /> If the city enrolls in a network, the city's employees would <br /> still have the option to obtain health care from doctors or <br /> hospitals that are not part of the network. However, if the <br /> individual does get health care from a provider who is not a <br /> member of the network, the individual will have to pay a larger <br /> . deductible and a higher co-pay percentage. <br /> AS EQL'AL OPPORTl.~ITYI.-\FfIR~Lnr\"E ACTIO:->: DIPLOYER <br /> ,a~2 490.jovO 1.~'Z,.~1:).] 122::;:.;,: y,j':..:;- :;::;c,)c~. TDD'51~ ~91:I.~)3E :l.'. ~:2 49(i_,jl~;2 <br />