Page 51 - Erlanger Health System
P. 51
ACTUARIAL
Plug and play: benchmarking surcharges
Plug and Play: Benchmarking Surcharges Sample
Plug and Play: Benchmarking Surcharges Sample
Sample client
Surcharges/Penalties/Incentives Annual Impact
Surcharges/Penalties/Incentives
P Poossiittiivvee aammoouunnttss iinnccrreeaassee ccoonnttrriibbuuttiioonnss ((ppeennaallttyy)),, nneeggaattiivvee aammoouunnttss ddeeccrreeaassee ccoonnttrriibbuuttiioonnss ((ddiissccoouunntt// iinncceennttiivvee)) Current Annual Impact
Change
Future
P Poossiittiivvee aammoouunnttss iinnccrreeaassee ccoonnttrriibbuuttiioonnss ((ppeennaallttyy)),, nneeggaattiivvee aammoouunnttss ddeeccrreeaassee ccoonnttrriibbuuttiioonnss ((ddiissccoouunntt// iinncceennttiivvee))
Surcharge #1 Complete HRA Surcharge Applies To: Current Future Change
Future Amt.
Current Amt
Bands
Surcharge #1 Complete HRA Tiers Surcharge Applies To: Plans Amount -$254,020 -$254,020 $0
Current Amt
Future Amt.
Amount
-$254,020
-$254,020
Single Tier -$41.67 -$41.67 All Tiers All Bands All Plans % Impact to -15.11% -15.16% -0.05% $0
EE
HRA Complete
EE Contribs
HSA Core
All
A
Single Tier -$41.67 -$41.67 ES All HRA Not Complete HSA Plus ll % Impact to -15.11% -15.16% -0.05%
EE
Non-Single Tiers -$41.67 -$41.67 EE+ Child(ren) HRA Complete PPO HSA Core EE Contribs
Family ES
HRA Not Complete
HSA Plus
Non-Single Tiers
Single Tier surcharge -$41.67 -$41.67 EE+ Child(ren) PPO
Family
amount applies to
Single Tier surcharge
EE/Child tier? No Common surcharge scenarios
amount applies to *** only applicable to 4 tier plans
Common surcharge scenarios
EE/Child tier? No *** only applicable to 4 tier plans are pre-built so you can
customize your strategy.
are pre-built so you can
customize your strategy.
Plug and play: migration assumptions
Plug and Play: Migration Assumptions
Plug and Play: Migration Assumptions
Sample client
How granular would you like to be with Migration?
How granular would you like to be with Migration?
-- MUST place "X" in appropriate cell selection (only topmost "X" will apply) -- Based on severity of changes being
made, can move enrollment
Based on severity of changes being
x
-- MUST place "X" in appropriate cell selection (only topmost "X" will apply) -- between plans to see financial
By Plan
made, can move enrollment
By Plan
By Plan & Band x between plans to see financial
impact
By Plan & B
By Plan & Tierand impact
By Plan & Tier
To To To To To To
To
To
To To To HSA Core HSA Plus PPO To
HSA Core HSA Plus PPO From
From HSA Core 158 HSA Plus 0 PPO
HSA Core
40
From
HSA Core
HSA Plus
HSA Core 80% 20% 0% PPO HSA Plus 0 158 118 40 0 0
From
HSA Core
HSA Plus 0%80% 100% 20% 0% 0%
HSA Core
PPO HSA Plus 0% 0% 20% 100% 80%0% PPO HSA Plus 0 0 38 118 154 0
PPO 0% 20% 80% PPO 0 38 154
Total 158 196 154
Total 158 196 154 6
6
51 Lockton Companies
Plug and play: benchmarking surcharges
Plug and Play: Benchmarking Surcharges Sample
Plug and Play: Benchmarking Surcharges Sample
Sample client
Surcharges/Penalties/Incentives Annual Impact
Surcharges/Penalties/Incentives
P Poossiittiivvee aammoouunnttss iinnccrreeaassee ccoonnttrriibbuuttiioonnss ((ppeennaallttyy)),, nneeggaattiivvee aammoouunnttss ddeeccrreeaassee ccoonnttrriibbuuttiioonnss ((ddiissccoouunntt// iinncceennttiivvee)) Current Annual Impact
Change
Future
P Poossiittiivvee aammoouunnttss iinnccrreeaassee ccoonnttrriibbuuttiioonnss ((ppeennaallttyy)),, nneeggaattiivvee aammoouunnttss ddeeccrreeaassee ccoonnttrriibbuuttiioonnss ((ddiissccoouunntt// iinncceennttiivvee))
Surcharge #1 Complete HRA Surcharge Applies To: Current Future Change
Future Amt.
Current Amt
Bands
Surcharge #1 Complete HRA Tiers Surcharge Applies To: Plans Amount -$254,020 -$254,020 $0
Current Amt
Future Amt.
Amount
-$254,020
-$254,020
Single Tier -$41.67 -$41.67 All Tiers All Bands All Plans % Impact to -15.11% -15.16% -0.05% $0
EE
HRA Complete
EE Contribs
HSA Core
All
A
Single Tier -$41.67 -$41.67 ES All HRA Not Complete HSA Plus ll % Impact to -15.11% -15.16% -0.05%
EE
Non-Single Tiers -$41.67 -$41.67 EE+ Child(ren) HRA Complete PPO HSA Core EE Contribs
Family ES
HRA Not Complete
HSA Plus
Non-Single Tiers
Single Tier surcharge -$41.67 -$41.67 EE+ Child(ren) PPO
Family
amount applies to
Single Tier surcharge
EE/Child tier? No Common surcharge scenarios
amount applies to *** only applicable to 4 tier plans
Common surcharge scenarios
EE/Child tier? No *** only applicable to 4 tier plans are pre-built so you can
customize your strategy.
are pre-built so you can
customize your strategy.
Plug and play: migration assumptions
Plug and Play: Migration Assumptions
Plug and Play: Migration Assumptions
Sample client
How granular would you like to be with Migration?
How granular would you like to be with Migration?
-- MUST place "X" in appropriate cell selection (only topmost "X" will apply) -- Based on severity of changes being
made, can move enrollment
Based on severity of changes being
x
-- MUST place "X" in appropriate cell selection (only topmost "X" will apply) -- between plans to see financial
By Plan
made, can move enrollment
By Plan
By Plan & Band x between plans to see financial
impact
By Plan & B
By Plan & Tierand impact
By Plan & Tier
To To To To To To
To
To
To To To HSA Core HSA Plus PPO To
HSA Core HSA Plus PPO From
From HSA Core 158 HSA Plus 0 PPO
HSA Core
40
From
HSA Core
HSA Plus
HSA Core 80% 20% 0% PPO HSA Plus 0 158 118 40 0 0
From
HSA Core
HSA Plus 0%80% 100% 20% 0% 0%
HSA Core
PPO HSA Plus 0% 0% 20% 100% 80%0% PPO HSA Plus 0 0 38 118 154 0
PPO 0% 20% 80% PPO 0 38 154
Total 158 196 154
Total 158 196 154 6
6
51 Lockton Companies
