BEGIN:VCALENDAR PRODID:-//Hawaii Public Meetings and Events Calendar//111285770//EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT DTSTAMP:20261111T234703Z DTSTART:20260922T090000 DTEND:20260923T000000 SUMMARY:Notice of Meeting of the Board of Trustees - Hawaii Employer-Unio n Health Benefits Trust Fund (EUTF) UID:20261111T234703Z-uidGen@fe80:0:0:0:410:d2ff:fefd:e5dd%ens5 TZID:HST LOCATION:EUTF\, City Financial Tower\, 201 Merchant Street\, Suite 1700\, Honolulu\, HI 96813 DESCRIPTION:

September 16\, 2026

NOTICE OF MEETING OF THE BOARD OF TRUSTEES

HAWAII EM PLOYER-UNION HEALTH BENEFITS TRUST FUND

\; \;

DATE: \; September 22\, 2026\, Tuesday

TIME: \; 9:00 a.m.

\n\n

CITY FINANCIAL TOWER

201 MERCHANT STREET\, SUITE 1700

HONOLULU\, HAWAII

A G E N D A

OPEN SESSION PARTICIPATION IN PERSON\, VIA TELECONFERE NCE AND VIA TELEPHONE

(see below for teleconfere nce and telephone details)

I. \;Call to Order

II. \;Review of Minutes &ndash\; A ugust 25\, 2026 \;

III. \;Execut ive Session

A. \;Appeals [Authorized under HRS \;92-5(a)(4)(8)\, A rticle I. Section 6 of the Hawaii State Constitution\, HIPAA]

1. \;Request t o Change Plans

2. \;Request to Remove Dependents \;

IV. \; Old Business

A. \;HMSA Disease Management Progr am &ndash\; AccordantCare Rare \;

V. \; New Business

A. \;Administrator

1. \;Meetings w ith Legislators and Unions

2. ~~\; \;Staffing Update~~

\n
3. &n bsp\;Tra ining
\n
B. \;EUTF Managers&rsquo\; and Pr ogram Specialists&rsquo\; Reports
\n
~~1. \;Member Services Branch (MSB)~~
\n
a. \;MSB Data
\n
~~b. \;Outreach &\; Training~~
\n
c. \;2027 R etiree Open Enrollment
\n
2. \; Information Systems (IS)
\n
a. ~~\ ;EUTF Be nefits Administration System (BAS) Project~~
\n
b. \;Website Template Migration Project
\n
c. \;Enrollment Counts
\n
3. \;Eligibility and Enrollment Report
\n
a. \;Audits Currently in Progress
\n
b. \;Point in Time Reconciliation Audits
\n
c. \;Recurring Audits
\n
4. \;Health and Wellness Report
\n
a . &nb sp\;Work site Wellness
\n
b. \;Preventive Health 
\n
c. \;Chronic Disease Management
\n
5. \; Financial Services Branch (FS B)
\n
~~a. \;FSB Performance Data~~
\n
b. \;Refunds and Medicare Part B Overpayments S tatus
\n
c. \;EUTF Collections
\n
d. \;2026 Financial Statements Audit
\n
~~e. \;Financial Statements as of June 30\, 2026~~
\n
C. \; Carrier Reports
\n
1. \;CVS Caremark
\n
2. \;SilverScript
\n
3. \;Hawaii Dental Ser vice (HDS)
\n
4. \;Hawaii Medical Service Association (HMSA)
\n
5. \; Humana
\n
6. \; Kaiser Permanente
\n
7. \;Securian
\n
~~8. \;~~Verdegard H awaii
\n
~~9. \;Vision Service Plan (VSP)~~
\n
III. \; Executive Session (continued)
\n
B. \;Investment Committee
\n
1. \;Private Credit Manager Evaluation [Auth orized under HRS 92-5(a)(8) and HRS 87A-31(g)]
\n
2. \;Private Equity Manager Evaluation [Au thorized under HRS 92-5(a)(8) and HRS 87A-31(g)]
\n
3. \; Private Market Manager Updates [Autho rized under HRS 92-5(a)(8) and HRS 87A-31(g)]
\n
C. \;Personnel [Authorized under HRS 92-5(a)(2)(8)]
\nD. \;Deputy Attorney General Legal Opinions [Authorized und er HRS 92-5(a)(4) and 92-5(a)(6)]
\n
E. \; Review of Minutes &ndash\; August 25\, 2026 [Authorized under HRS \; 92-5(a)(8) and 92-9(b)] \;
\n
VIII. \; Nex t Meeting
\n
Tuesday\, October 20\, 2026\, 9:00 a.m. &ndash\; Benefits Committee Reports
\nIX. \; Adjournment
\n
\;
\n
If you need an auxiliary aid/service or other accommodation due to a disability\, please contact Ms. \;Desiree Yamauchi at (808) 587-5434 or eutfadmi n@hawaii.gov\, as soon as possible\, preferably at least 3 business days prior to the meet ing. \; Requests made as ea rly as possible have a greater likelihood of being fulfilled.
\n
Testimony may be submitted pri or to the meeting via email to \;eutfa dmin@hawaii.gov\, or mailed or delivered in person to: Hawaii Employer-Union Health Benefits Trust Fund\, Attn: \; Board Meeting-Testimony\ , 201 Merchant Street\, Suite 1700\, Honolulu\, HI \; 96813. \; Please include the word &ldquo\;testimony&rdquo\;\, the agenda item number\, and subject matter following the address line. \; There is no deadline for submissio n of testimony\, however\, the EUTF requests that all written testimony be received no later than 9:00 a.m.\, one (1) business day prior to the meeting date in order to afford Board members adequate time to review ma terials.
\n
\;To view the meeting and pr ovide live oral testimony during the meeting\, following are the Microso ft Teams Meeting details:
\n

\n
·\; \; \; \; \; \; \; \; \; Join the meeting now or copy and paste the following URL i nto your browser: \; https: //teams.microsoft.com/l/meetup-join/19%3ameeting_MmY3Nzg5MzItNWJmMy00Y2J lLWI3ZTQtNmMxYjA5M2IxZjFi%40thread.v2/0?context=%7b%22Tid%22%3a%223847de c6-63b2-43f9-a6d0-58a40aaa1a10%22%2c%22Oid%22%3a%221ec28820-992a-428a-a6 a0-44c156209163%22%7d
\n
o \; \; If prompted\, enter:
\n
§\; \ ; Meet ing ID: \; 280 981 267 281 60
\n
§\; \; Passcode: \; j5X2vd9m
\n
o \; \; For instructions to turn on live capti ons in Microsoft Teams\, please click here.
\n
·\; \; \; \; \; \;& nbsp\; \; \; Dial-in number: + 1 808-829-4853 \;United States\, Honolulu (Toll)\n
o \; \; Phone Conference ID: \; 601 876 477#
\n
\;
\n
A listing of all documents included in the Board packet will be availabl e at the EUTF website (eutf.hawaii.gov) through the Events Calendar three (3) business days prior to the meeting.
\n
The Board pa cket can be accessed at the EUTF website (eutf.hawaii.gov) through the Events Calendar three (3) business days prior to the meeting. \; A copy of the packet will also be availa ble for public inspection in the EUTF office at that time.
\n
Please contact Ms. Desiree Yamauchi at (808) \;587‑5434 or eutfadmin@hawaii.gov if you have any questions. \;
\n
Upon request\, an electr onic copy of this notice can be provided.
\n
\;
\n
\;
X-ALT-DESC;FMTTYPE=text/html:
\;
\n
September 16\, 2026
\n
\;
\n
NOTICE OF MEETING OF THE BOARD OF TRUSTEES
\n
HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND
\n
\; \;
\n
DATE: \; September 22\ , 2026\, Tuesday
\n
TIME: \; 9:00 a.m.\n
PLACE: \; HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND (EUTF)
\n
CITY FINANCIAL TOWER
\n
201 MERCHANT STREET\, SUITE 1700
\n
HONOLULU\, HAWAII
\n
\;
\n
A G E N D A
\n
OPEN SESSION PARTICIPATION IN PERSON\ , VIA TELECONFERENCE AND VIA TELEPHONE
\n
(see belo w for teleconference and telephone details)
\n
\;
\n
I. \;Call to Order
\n
~~II. \;~~Review of M inutes &ndash\; August 25\, 2026 \;
\n
III. \;Executive Session
\n
~~A. \;Appeals [Authorized under HRS \; 92-5(a)(4)(8)\, Article I. Section 6 of the Hawaii State Constitution\, HIPAA]~~
\n
1. ~~\ ;Request to Change Plans~~
\n
2. \;Request to Remove Dependents \;
\n
IV. \; Old Business
\n
A. \;HMSA Disease Management Program &ndash\; AccordantCare Rare \;
\n
V. \; New Business
\n
A. \;Updated Prescription Drug Plan Retiree Rates Effectiv e January 1\, 2027 &ndash\; Caremark and SilverScript
\ n
B. \;Personnel &ndash\; Consultant for Analysis of Key Ex empt Employee Salaries \;
\n
VI. \; Investment Committee
\n
A . \; Quarterly Performance Report &ndash\; Q2 2026
\n
B.& nbsp\; Governance Education Session &ndash\; Delegated Authority Part 2
\n
C. \; Investment Policy Statement (IPS) Revisions
\n
D. \; Quarterly Private Credit Report and Annual Portf olio Review &ndash\; Q1 2026
\n
E. \; Quarterly Private Equity Report &ndash\; Q1 2026
\n
F. \; Quarterly Private Real Assets Report &ndash\; Q1 2026
\n
VII. \; Reports
\n
A. \;Administrator
\n
1. \;Meetings with Legislators and Unions
\n
2. \; \;Staffing Update
\n
3. \;Training
\n
~~B. \;~~EUTF Manage rs&rsquo\; and Program Specialists&rsquo\; Reports
\n
~~1. \;Member Services Branch (MSB)\n~~
~~a. \;MSB Data~~
\n
b. \;Outreach &am p\; Training
\n
c . &nb sp\;2027 Retiree Open Enrollment
\n
2. \;Information Systems (IS)
\n
a. \;EUTF Benefits Administration System (BAS) Project
\n
b. \;Website Template Migration Project
\n
c. \;Enrollment Counts
\n
3. \;Eligibility and Enrollment Report
\n
< !-- [if !supportLists]-->a. \;Audits Currently in Progress
\n
b. \;Point in Time Reconciliation Audits\n
c. \;Recurring Audits
\n
4. \;Health and Wellness Report
\n
a. \;Worksite Wellness
\n
b. & nbsp\;Pr eventive Health
\n
c. \;Chronic Disease Management
\n
5. \;Financial Se rvices Branch (FSB)
\n
a. \;FSB Performan ce Data
\n
~~b. \;~~Refunds and Medicare Part B Overpayments Status
\n
c. \;EUTF Colle ctions
\n
d. \;2026 Financial Statements Audit
\n
e. \;Financial Statements as of June 30\, 2026
\n
C. \;Carrier Repo rts
\n
1. \;CVS Caremark
\n
2. \;SilverScript
\n
3. \; Hawaii Dental Service (HDS)
\n
4. \;Hawaii Medical Service Association (HMSA)
\n

~~6. \;~~ Kaiser Permanente

7. \;Securian

\n\n

9. \;Vision Serv ice Plan (VSP)

III. \; Executive Session (continue d)

B. \;Investment Committee

1. \;Private Credit Manager Evaluation [Authorized under HRS 92-5(a)(8) and HRS 87A-31(g)]\n

2. \;Private Equity Manag er Evaluation [Authorized under HRS 92-5(a)(8) and HRS 87A-31(g)]

3. \; Private Market Manag er Updates [Authorized under HRS 92-5(a)(8) and HRS 87A-31(g)]

C. \;Personnel [Authorized under HRS 92-5(a)(2)(8)]

D. \;Deputy Attorney General Legal Opinion s [Authorized under HRS 92-5(a)(4) and 92-5(a)(6)]

E. \;Review of Minutes &ndash\; August 25\, 2026 [Authorized under HRS \;92-5(a)(8) and 92-9(b)] \;

VIII. \; Next Meeting

Tuesday\, October 20\, 2026\, 9:00 a.m. &ndash\; Benefits Committee Repo rts

IX. \; Adjournment

If you n eed an auxiliary aid/service or other accommodation due to a disability\ , please contact Ms. \;Desiree Yamauchi at (808) 587-5434 or eutfadmin@hawaii.gov\, as soon as possible\, preferably at least 3 business days prior to the meeting. \; Re quests made as early as possible have a greater likelihood of being fulf illed.

Testimony may be submitted prior to the meeting via email to \;~~eutfadmin@hawaii.gov~~\, or ma iled or delivered in person to: Hawaii Employer-Union Health Benefits Tr ust Fund\, Attn: \; Board M eeting-Testimony\, 201 Merchant Street\, Suite 1700\, Honolulu\, HI \; 96813. \; Please include the word &ldquo\;testimony&rdq uo\;\, the agenda item number\, and subject matter following the address line. \; There is no deadl ine for submission of testimony\, however\, the EUTF requests that all w ritten testimony be received no later than 9:00 a.m.\, one (1) business day prior to the meeting date in order to afford Board members adequate time to review materials.

\n
\;To view t he meeting and provide live oral testimony during the meeting\, followin g are the Microsoft Teams Meeting details:
\n

\n
·\; \; \; \; \;&n bsp\; \; \; \; Join the meeting now or copy and paste th e following URL into your browser:&nbs p\; https://teams.microsoft.com/l/meetup-join/19%3ameeting_MmY3Nz g5MzItNWJmMy00Y2JlLWI3ZTQtNmMxYjA5M2IxZjFi%40thread.v2/0?context=%7b%22T id%22%3a%223847dec6-63b2-43f9-a6d0-58a40aaa1a10%22%2c%22Oid%22%3a%221ec2 8820-992a-428a-a6a0-44c156209163%22%7d
\n
o \; \; If prompted\, enter:
\n
Meeting ID: \; 280 981 267 281 60\n
§\;&nbs p\; Pa sscode: \; j5X2vd9m
\n
~~o \; \;~~ ~~For instructions to t urn on live captions in Microsoft Teams\, please click here.~~
\n
Dial-in number: +1 808-829-4853 &n bsp\;United States\, Honolulu (Tol l)
\n
~~o \; \;~~ Phone Conference ID: \; 601 876 477#
\n
\;
\n
A listing of all documents included in the Board packet will be available at the EUTF website (eutf.hawaii.gov) through the Events C alendar three (3) business days prior to the meeting.
\ n
The Board packet can be accessed at the EUTF website ( eutf.hawaii.gov) t hrough the Events Calendar three (3) business days prior to the meeting. \; A copy of the packet wi ll also be available for public inspection in the EUTF office at that ti me.
\n
Please contact Ms. Desiree Yamauchi at (808)& nbsp\;587‑5434 or eutfadmin@hawaii.gov if you have any questions. \;
\n
Upon re quest\, an electronic copy of this notice can be provided.
\n \;
\n
\;
END:VEVENT END:VCALENDAR