Date:

Tuesday, 08/24/2021

Start Time:

09:00 AM

Place:

EUTF, City Financial Tower, 201 Merchant Street, Suite 1700, Honolulu, HI 96813

Agenda

August 18, 2021

 

NOTICE OF MEETING OF THE BOARD OF TRUSTEES

HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND

 

DATE:            August 24, 2021, Tuesday

TIME:             9:00 a.m.

PLACE:          HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND (EUTF)

                       CITY FINANCIAL TOWER

                       201 MERCHANT STREET, 17^TH FLOOR

HONOLULU, HAWAII

A G E N D A

EUTF OFFICE IS CLOSED TO THE PUBLIC

OPEN SESSION PARTICIPATION VIA TELECONFERENCE AND TELEPHONE

(see below for details)

I.                Call to Order

II.              Minutes – July 27, 2021

III.            New Business

A.   EUTF and Self-Insurance

1.     How Self-Insurance Could Reduce EUTF Health Benefit Costs by Dr. Stephen Kemble

2.     EUTF Current Practice on Health Plan Insurance

3.     A Vision for Affordable Healthcare by Dr. Mark Mugiishi, President and CEO, HMSA

B.    Benefits Administration System Implementation Status Update

C.    No Supplemental Biennium Budget Request for Fiscal Year 2022-2023

D.   Proposed EUTF Bills for the 2022 Legislative Session

E.    Coverage of COVID-19 Tests

 

  IV.          Committee Reports

A.   Investment Committee

1.     Private Market Pacing Update and Funding Recommendation

2.     June 30, 2021 Strategic Performance Report Including Excess Funds

3.     Quarterly Private Equity & Private Credit Report – Q1 2021

4.     Quarterly Real Estate Report – Q1 2021

5.     Education: Cryptocurrencies

B.    Benefits Committee

1.     HMSA Supportive Care

    V.          Old Business

A.   Permitted Interaction Group – Employer Contributions to Health Benefit Plans

  VI.          Reports

A.   Segal

1.     Plan Performance Report through June 30, 2021

2.     Performance Guarantee Report through June 30, 2021

3.     June 30, 2021 IBNR Calculation – Supplemental Medical and Prescription Drug Plan

B.    Administrator

1.     Meetings with legislators and unions

2.     Staffing update

3.     Operations

C.    EUTF Managers’, Program Specialist and Benefits Audit Specialist Reports

1.     Member Services Branch (MSB)

a.      MSB Data

b.     Outreach & Training

c.      Carrier Reports

2.     Information Systems (IS)

a.      EUTF New Benefits Administration System (BAS) Project

b.     EUTF New Benefits Administration System (BAS) Project – Data Conversion

c.      V3 Benefits Administration System Modified Phase II (Employer File Feed)

d.     Active Open Enrollment 2021

e.      Enrollment Counts

3.     EUTF Benefits Audit Specialist Report

a.      Audits Currently in Progress

b.     Completed and Recurring Audits

4.     EUTF Program Specialist Report

a.      Worksite wellness

b.     Preventive health

c.      Chronic disease management

5.     Financial Services Branch (FSB)

a.      FSB Performance Data

b.     Management Letter Corrective Action Plan Status

c.      EUTF Collections

d.     2021 Financial Audit

e.      Financial Statements as of June 30, 2021

D.   Carrier Reports

1.     CVS Caremark

2.     SilverScript

3.     Hawaii Dental Service (HDS)

4.     Hawaii Mainland Administrators (HMA)

5.     Hawaii Medical Service Association (HMSA)

6.     Humana

7.     Kaiser Health Foundation

8.     Securian

9.     Vision Service Plan (VSP)

VII.          Executive Session

A.   Minutes [Authorized under HRS 92-5(a)(4)(8)]

1.     June 22, 2021

2.     July 27, 2021

B.    Appeal [Authorized under HRS 92-5a(4)(8)]

1.     Request to Amend Open Enrollment Selections

C.    Committee Reports

1.     Investment Committee [Authorized under HRS 92-5(a)(4)(8)]

a.      Private Credit Manager Introduction and Manager Presentation

2.     Benefits Committee [Authorized under HRS 92-5(a)(4)(8)]

a.      HMSA Reversing Heart Disease Program Update

b.     HMSA Supportive Care Update

c.      HMSA Diabetes Prevention and Management Program Update

d.     HMSA Payment Transformation

D.   CVS/SSI Contracted Network Services [Authorized under HRS 92-5(a)(4)(8)]

E.    EUTF Participation in Prescription Drug Litigation [Authorized under HRS 92-5a(4)(8)]

F.     Pending Litigation Against the EUTF [Authorized under HRS 92-5(a)(4)(8)]

G.   Deputy Attorney General Legal Opinions [Authorized under HRS 92-5(a)(4)(8)]

H.   Operations [Authorized under HRS 92-5(a)(4)(8)]

VIII.          Next Meeting Date

Tuesday, September 21, 2021, 9:00 a.m. – Benefits and Investment Committee reports

  IX.          Adjournment

 

Meeting materials can be accessed at the EUTF website (eutf.hawaii.gov) through the Events Calendar at noon on Monday, August 23, 2021.  The following are the Microsoft Teams Meeting details:

·       Click here to join the meeting (https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTE4Zjc0ZGUtMDZlMC00ZWZmLWEwMTktMzg1ZGJhZDAzODQz%40thread.v2/0?context=%7b%22Tid%22%3a%223847dec6-63b2-43f9-a6d0-58a40aaa1a10%22%2c%22Oid%22%3a%221ec28820-992a-428a-a6a0-44c156209163%22%7d)

·       Dial-in number:  +1 808-829-4853    United States, Honolulu (Toll)

·       Phone Conference ID:  923 312 121#

Please contact Ms. Desiree Yamauchi at (808) 587‑5434 or eutfadmin@hawaii.gov if you have any questions.

 

NOTE:  Lunch on August 24, 2021 will be a working lunch and is an integral part of the meeting.