burlington county insurance commission agenda and … · 2016-08-12 · burlington county insurance...

BURLINGTON COUNTY INSURANCE COMMISSION AGENDA AND REPORTS

THURSDAY, AUGUST 4, 2016

COUNTY ADMINISTRATION BUILDING FREEHOLDER CONFERENCE ROOM 1

FIRST FLOOR 49 RANCOCAS ROAD

MT. HOLLY, NJ 08060 2:00 PM

OPEN PUBLIC MEETINGS ACT - STATEMENT OF COMPLIANCE

In accordance with the Open Public Meetings Act, notice of this meeting was given by: I. Advertising the notice in the Burlington County Times II. Filing advance written notice of this meeting with the Commissioners of the Burlington County Insurance Commission; and III. Posting notice on the Public Bulletin Board of the Office of the County Clerk

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BURLINGTON COUNTY INSURANCE COMMISSION AGENDA

OPEN PUBLIC MEETING: AUGUST 4, 2016 49 RANCOCAS ROAD

MT. HOLLY, NJ 08060 2:00 PM

MEETING CALLED TO ORDER - OPEN PUBLIC MEETING NOTICE READ ROLL CALL OF COMMISSIONERS APPROVAL OF MINUTES: June 9, 2016 Open Minutes ...................................Appendix I June 9, 2016 Closed Minutes ..................................... Handout CORRESPONDENCE COMMITTEE REPORTS

Safety Committee: ....................................................................................................... Verbal Claims Committee: ..................................................................................................... Verbal

EXECUTIVE DIRECTOR/ADMINISTRATOR – PERMA ...................................... Pages 2-18 TREASURER – Edward J. Troy Resolution 34-16 July Bill List (confirmation of payment) ....................................................... Page 19 Resolution 35-16 July Health Bill List (confirmation of payment) ........................................... 0 Resolution 36-16 August Bill List .............................................................................................. Page 21 Resolution 37-16 August Health Bill List .................................................................................. Page 22 April & May Treasurer Monthly Reports ............................................................................Pages 23-26 ATTORNEY – Robert A. Baxter .................................................................................... Verbal CLAIMS SERVICE – PMA Management Corp.

Monthly Report.......................................................................................................... Pages 27-31

CEL SAFETY DIRECTOR – J.A. Montgomery Risk Control Monthly Report.......................................................................................................... Pages 32-33

OLD BUSINESS NEW BUSINESS PUBLIC COMMENT CLOSED SESSION Resolution 38-16 Closed Session ……………………………….………………….…..Page 34 Motion for Executive Session (in accordance with the Open Public Meetings Act, N.J.S.A. 10:4-12) Motion to Return to Open Session MEETING ADJOURNMENT NEXT SCHEDULED MEETING: OCTOBER 6, 2016 COUNTY ADMINISTRATION

BUILDING 49 RANCOCAS ROAD, MT. HOLLY NJ 08102, 2:00 PM

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BURLINGTON COUNTY INSURANCE COMMISSION 9 Campus Drive, Suite 216

Parsippany, NJ 07054 Telephone (201) 881-7632

Date: August 4, 2016 Memo to: Commissioners of the Burlington County Insurance Commission

From: PERMA Risk Management Services Subject: Executive Director's Report 2015 Draft Audit Report as of December 31, 2015 – A draft copy of the 2015 audit will be

distributed at the meeting. The report is valued as of 12/31/15. Mr. Jim Miles of Bowman and Company, LLP will attend the meeting to review the audit. The final audit will be ready for the October meeting and at that time we will seek approval of the audit.

Certificate of Insurance Issuance Report (Pages 5-7) – Attached on pages 5-7 is the

certificate of insurance issuance report from the CEL listing those certificates issued for the period of 6/1/16 to 7/28/16. There were 12 certificate of insurances issued during this period.

Motion to approve the certificate of insurance report

RFQ for Commission Attorney – The Commission Attorney’s Service Agreement will

expire on December 31, 2016. The Fund Office will issue an RFQ for the Commission Attorney position and advertise in the Commission newspaper.

Motion to authorize PERMA to prepare and advertise Request for

Qualifications for the Commission Attorney position RFQ for General Liability & Workers Compensation Defense Attorneys - The Defense

Attorney Service Agreements will also expire on December 31, 2016. The Fund Office will work with the Commission Attorney in issuing the Request for Qualifications for this position.

Motion to authorize PERMA to prepare and advertise Request for

Qualifications for the Defense Attorneys TPA Service Agreement – The Service Agreement with PMA expires on December 31, 2016.

We are currently having on-going discussions with PMA about the agreement. NJ Excess Counties Insurance Fund (CELJIF) (Pages 8-9) – The CELJIF met on June 23,

2016. Bowman & Company, LLP presented a draft copy of the 2015 Audit. The Counties of Union, Hudson, Ocean and Mercer are scheduled to renew their membership with the Fund as of January 1, 2017. A summary report of the meeting is included in the agenda on pages 8-9. The CEL is scheduled to meet again on September 22, 2016 at 1:00 PM

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BCIC Financial Fast Tracks (Pages 10-11) – Included in the agenda on pages 10-11 are copies of the Financial Fast Tracks for the months of April and May. As of May 31, 2016 the report indicates the Commission has a surplus of $252,264. Line 10 of the report, “Investment in Joint Venture” is the Burlington County Insurance Commission’s share of the equity in the CEL. BCIC’s equity in the CEL as of May 31, 2016 is $430,784. The cash amount is $5,849,828.

NJ CEL Property and Casualty Financial Fast Tracks (Pages 12-13) – Included in the agenda on pages 12-13 are copies of the CEL Financial Fast Track Reports for the months of April and May. As of May 31, 2016 the CEL has a surplus of $5,779,624. The cash amount is $17,002,755.

Claims Tracking Reports (Pages 14-15) – The claims tracking reports are on pages 14-15 of the agenda. The Executive Director will review the Claims Activity Report and Expected Loss Ratio Analysis Report as of April 30, 2016 with the Commission.

Exposure Changes – Any changes in coverage or exposures should be sent to Cathy Dodd at the Fund Office along with a copy to the CEL Underwriting Manager, Ed Cooney. Below is their contact information.

Cathy Dodd, [email protected], 973-659-6410

Ed Cooney, [email protected], 973-659-6424

2016 Property & Casualty Assessment due October 15, 2016 – This is a reminder that the third assessment payment for 2016 is due on October 15, 2016. The Fund office will send out Statement of Accounts the first week in September. Checks can be made payable to the Burlington County Insurance Commission and should be sent to Edward Troy, Treasurer, c/o Burlington County, County Administration Building, 49 Rancocas Road, Mt. Holly, NJ 08060.

2017 Renewals – On July 15, 2016 the Fund Office sent the NJCE FY 2017 Renewal Data

Schedules to the County, Bridge Commission, and Board of Social Services. The updated documents should be returned by e-mail to Cathy Dodd no later than Monday, August 22, 2016. The Fund office will also be sending out the renewal applications for completion as respects to the ancillary lines of insurance. Since the budget process in dependent on the timely receipt of the renewal data we ask your cooperation in meeting the due dates.

Pending Items

• Resolution Approving Amendment to By-Lays of the New Jersey Counties Excess JIF - Waiting for Freeholder approval

• Legacy Claims – The implementation of funding the legacy claims through the BCIC is still on hold pending an update on certain claims.

• Alternate Commissioner – The alternate Commissioner is on hold pending a decision from the County.

mailto:[email protected]

mailto:[email protected]

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2016 Meeting Schedule – As a reminder the Commission will not meet in September. The Commission previously passed Resolution 9-16 authorizing the Commission Treasurer to process contracted payments and expenses when the Commission did not meet. The next meeting is scheduled for October 6, 2016 at 2:00 PM.

Health Benefits Report – The Health Benefit Report starts on page 16.

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Burlington County Insurance Commission Certificate Of Insurance Monthly Report Friday, July 29, 2016

From 6/1/16 to 7/2816 Description of Issue Holder (H) / Insured Name (I) Holder / Insured Address Code Operations Date Coverage Burlington H- Columbus Farmers's Market, LLC Columbus Flea World, LLC 2919 Rt. 206 Columbus, NJ 534 Evidence of insurance. All operations usual to County 7/5/2016 GL EX AU WC 08022 Governmental Entity as respects to the use of the parking lot at this I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 location in connection with the Burlington County Farm Fair on July 19 – 24, 2016. (SEE PAGE 2) Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- State of New Jersey - Dept of Human Services Div of Family Development PO Box 716 Trenton, NJ 609 Certificate holder is additional insured where obligated by virtue of a6/2/2016 GL EX AU WC 08625-0716 written contract or written mutual aid agreement or other written I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage contained in any such written contract or written mutual aid agreement or other written agreement. (see page 2) As respects Grant TS17003 Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- State of New Jersey - Dept of Human Services Div of Family Development PO Box 716 Trenton, NJ 609 Evidence of Insurance in respects to Grant SH17003. (see page 2)6/6/2016 GL EX AU WC 08625-0716 I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Moorestown Mall Mgmt Office 400 Route 38 Moorestown, NJ 08057 842 Moorestown Mall, LLC, PREIT Services, LLC, PRIET Associates 6/24/2016 GL EX AU WC I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 LP, Twin Oaks Community Services are additional insured where obligated by virtue of a written contract or written mutual aid agreement or other written agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage (SEE PAGE 2)

contained in any such written contract or written mutual aid agreement or other written agreement as

respects to the County Corner Store. Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261

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H- NJ Motor Vehicle Commission 225 E. State Street Trenton, NJ 08666 1112 Evidence of insurance. All operations usual to County Governmental6/21/2016 GL EX AU WC I- Burlington County Bridge Commission 1300 Route 73 North PO Box 6 Palmyra, NJ 08065 Entity. (SEE PAGE 2)

Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Rutgers, The State Univ. of NJ University Procurement Serv. 3 Rutgers Plaza, 2nd FL 1252 Evidence of insurance. All operations usual to County 6/6/2016 GL EX AU WC New Brunswick, NJ 08901 Governmental Entity as respects to the Grant for Traumatic Lost I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 Coalition. (see page 2)

Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- NJ Transit 4th Floor, One Penn Plaza East Newark, NJ 07105 1411 NJ Transit and the State of NJ are additional insureds where 7/20/2016 GL EX AU WC obligated by virtue of a written contract or written mutual aid I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 agreement or other written agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage contained in any such written contract or written mutual aid agreement or other written agreement (SEE PAGE 2)

with respects to the SFY 2017 NJ-JARC 3 Grant Program. Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Interstate Aerials 313 Borelli Boulevard Paulsboro, NJ 08066 1568 Evidence of insurance as respects all operations usual to County 7/22/2016 GL EX AU WC I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 Governmental Entity. (SEE PAGE 2)

Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Rancocas Valley Regional Board of Education 1048 Smithville Road Eastampton NJ 08060 1721 Evidence of insurance. All operations usual to County 6/7/2016 GL EX AU WC I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 Governmental Entity as respects Local Core Capacity for Special Child Health 2016-2017 DFHS17CSE009. (see page 2)

Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Middlesex County Board of Chosen Freeholders c/o Dept. of Parks & Recreation PO BOX 661 New 1745 Certificate holder is additional insured where obligated by virtue of a7/22/2016 GL EX AU WC Brunswick, NJ 08903 written contract or written mutual aid agreement or other written I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage contained in any such written contract or written mutual aid agreement or other written agreement (see page 2) as respects to the Project Lifesaver on July 27th and 28th. Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261

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H- Bowman Sales & Equipment dba Bowman Trailer Leasing 550 Creek Road 1747 Certificate holder is additional insured where obligated by virtue of a7/26/2016 GL EX AU WC Delanco, NJ 08075 written contract or written mutual aid agreement or other written I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage contained in any such written contract or written mutual aid agreement or other written agreement (see page 2) as respects to a 48' flatbed rental. Company E: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/16 to 1/1/17 Policy # SP4054261 H- Bowman Sales & Equipment dba Bowman Trailer Leasing 550 Creek Road 1747 Certificate holder is additional insured and loss payee where 7/26/2016 AU EX PHYS Delanco, NJ 08075 obligated by virtue of a written contract or written mutual aid I- County of Burlington 49 Rancocas Road Mt. Holly, NJ 08060 agreement or other written agreement with the Named Assured, but only in respect to acts or operations by or on behalf of the Named Assured, and subject to the limitations on coverage contained in any such written contract or written mutual aid agreement or other written agreement (see page 2)

as respects to a 48' flatbed rental. Total # of Holders = 12

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NEW JERSEY COUNTIES EXCESS JOINT INSURANCE FUND

9 Campus Drive – Suite 216 Parsippany, NJ 07054-4412

Telephone (201) 881-7632 Fax (201) 881-7633

Date: June 23, 2016 To: Executive Committee Burlington County Insurance Commission From: PERMA Risk Management Services Subject: New Jersey Counties Excess Meeting Report Risk Management Plan – Amendment to Assessment Payment Schedule: Executive Director reported that the Risk Management Plan (RMP) requires an amendment to update the assessment payment schedule to track to the Fund’s operations over the past six years. Following budget certification, any adjustments to exposures reported by members result in minor changes to the budget and subsequent allocation of additional premiums. Any adjustments are included on the 2nd installment bill, which has been due May 15th. Executive Director reported adjustments have occurred well after the original May 15th date and recommended the installment dates change to allow billing flexibility, as well as, track to billings issued over the past six years. The Board of Fund Commissioners agreed with the recommendation and approved the amendment to the 2016 Risk Management Plan as respects to installment payments. Former wording of installment payments in the 2016 Risk Management Plan

c) The following shall the payment schedule for assessments: 60% of the assessment shall be due March 15th (or upon binding coverage if after the February 15th and the remainder due on May 15th (or upon binding coverage if after May 15th).

Current amended wording of installment payments in the 2016 Risk Management Plan

c) The following shall be the payment schedule for assessments: 1) Current Members: 60% of the assessment shall be due March 15th and the remainder due on August 1st. 2) New Members:

a) New members will be billed based upon an agreed payment schedule for the initial first year of membership. b) Thereafter the initial year, new members will be billed the same cycle as current members on March 15th and August 1st.

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Membership Renewal: The Counties of Union, Hudson, Ocean and Mercer County Insurance Fund Commission are scheduled to renew their membership with the Fund as of January 1, 2017. Renewal documents will be sent to each respective County.

December 31, 2015 Audit: The Fund Auditor submitted and reviewed a draft financial audit for the period ending December 31, 2015. Fund Auditor noted there was no recommendations or findings and would prepare the final report for the next meeting. The Board adopted resolution 26-16 authorizing the fund office to file the draft audit and request an extension to submit the final report to the Department of Community Affairs.

2017 Renewal: The fund office will start the data collection process for the 2017 renewal in order to provide relevant information to underwriters. The fund office is working with the local Insurance Commissions and County members to roll out the process shortly; the initial deadline to complete the general liability and property information is set for August and all remaining exposure data by September in order to present a budget by the October meeting.

Bylaw Amendment: Following the May 5th public meeting, the fund office distributed the proposed bylaw amendment to members for their governing bodies to approve or deny. The amendment would allow a Joint insurance Fund(s) whose members are exclusive members of a local unit under the control and finance of the governing body of a County to apply for NJCE membership.

As per the NJCE bylaws, the amendment is only adopted by the Fund when the governing bodies of three-fourths (3/4) of the members approve the amendment within six (6) months of the hearing on the amendment. Executive Director reported to date, the office has received confirmation that 5 members have adopted the bylaw amendment. NJCE Financials: The Financial Fast Track as of April 30, 2016 reflected the fund’s statutory surplus of $5.6 million.

Claims Status Summary: AmeriHealth Casualty Services provided a summary report of claims with large open reserves which were reviewed during Closed Session.

Risk Control: Safety Director’s report included a report reflecting the risk control activities from April – July 2016. Safety Director said PEOSH has indicated they would be focusing on five-year strategic plan in the various counties. Safety Director said members could contact his office for assistance in responding to any citations. Next Meeting: The next regularly scheduled meeting of the NJCE fund is September 22, 2016 at 1:00PM at the Camden County College Regional Emergency Training Center.

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AS OF

THIS MONTH YTD CHANGE PRIOR YEAR END FUND BALANCE1. UNDERWRITING INCOME 374,012 1,870,060 18,102,654 19,972,7142. CLAIM EXPENSES

Paid Claims 144,853 831,880 4,510,053 5,341,933Case Reserves 307,863 677,885 2,486,787 3,164,672IBNR 117,375 334,256 1,663,371 1,997,627Discounted Claim Value (7,857) (17,239) (101,399) (118,638)

TOTAL CLAIMS 562,234 1,826,781 8,558,812 10,385,5933. EXPENSES

Excess Premiums 151,465 757,323 7,536,890 8,294,213Administrative 26,839 136,069 1,400,308 1,536,377

TOTAL EXPENSES 178,304 893,393 8,937,198 9,830,5914. UNDERWRITING PROFIT (1-2-3) (366,526) (850,114) 606,644 (243,470)5. INVESTMENT INCOME 2,499 10,313 49,678 59,9916. PROFIT (4 + 5) (364,027) (839,801) 656,322 (183,479)7. CEL APPROPRIATION CANCELLATION 0 0 4,958 4,9588. DIVIDEND INCOME 0 0 0 09. DIVIDEND EXPENSE 0 0 0 010. INVESTMENT IN JOINT VENTURE 12,469 (14,219) 445,003 430,784

11. SURPLUS (6 + 7 + 8) (351,558) (854,019) 1,106,283 252,264

SURPLUS (DEFICITS) BY FUND YEAR

(11,203) (52,623) 798,396 745,773(161,079) (210,676) (74,867) (285,543)

(71,607) (95,651) 233,614 137,963(61,708) (472,607) 149,140 (323,467)(45,961) (22,461) (22,461)

TOTAL SURPLUS (DEFICITS) (351,558) (854,019) 1,106,283 252,264

TOTAL CASH 5,849,828

CLAIM ANALYSIS BY FUND YEAR

FUND YEAR 2012Paid Claims 4,890 26,310 1,508,548 1,534,858Case Reserves 9,960 (13,419) 224,885 211,466IBNR (309) (5,157) 64,742 59,585Discounted Claim Value (177) 457 (5,405) (4,949)

TOTAL FY 2012 CLAIMS 14,364 8,191 1,792,770 1,800,960

FUND YEAR 2013Paid Claims 18,688 80,994 1,554,616 1,635,610Case Reserves 146,541 111,898 858,279 970,177IBNR (775) 3,371 147,814 151,185Discounted Claim Value (2,985) (1,244) (22,936) (24,180)

TOTAL FY 2013 CLAIMS 161,469 195,018 2,537,774 2,732,793

FUND YEAR 2014Paid Claims 25,770 113,406 867,265 980,670Case Reserves 51,817 185,338 408,717 594,055IBNR (3,256) (172,536) 814,064 641,528Discounted Claim Value (1,126) 955 (29,320) (28,365)

TOTAL FY 2014 CLAIMS 73,204 127,163 2,060,726 2,187,889

FUND YEAR 2015Paid Claims 71,138 478,045 579,624 1,057,669Case Reserves (8,601) 62,590 994,906 1,057,497IBNR (543) (91,927) 636,750 544,823Discounted Claim Value 302 2,522 (43,738) (41,216)

TOTAL FY 2015 CLAIMS 62,296 451,231 2,167,542 2,618,772

FUND YEAR 2016Paid Claims 24,368 133,125 133,125Case Reserves 108,146 331,477 331,477IBNR 122,258 600,505 600,505Discounted Claim Value (3,872) (19,928) (19,928)

TOTAL FY 2016 CLAIMS 250,901 1,045,179 0 1,045,179

COMBINED TOTAL CLAIMS 562,234 1,826,781 8,558,812 10,385,593

BURLINGTON COUNTY INSURANCE COMMISSIONFINANCIAL FAST TRACK REPORT

May 31, 2016ALL YEARS COMBINED

20122013201420152016

This report is based upon information which has not been audited nor certified by an actuary and as such may not truly represent the condition of the fund.

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AS OF

THIS MONTH YTD CHANGE PRIOR YEAR END FUND BALANCE1. UNDERWRITING INCOME 374,000 1,496,048 18,102,654 19,598,7022. CLAIM EXPENSES

Paid Claims 231,540 687,027 4,510,053 5,197,080Case Reserves (2,790) 370,022 2,486,787 2,856,809IBNR 109,909 216,881 1,663,371 1,880,252Discounted Claim Value (4,742) (9,382) (101,399) (110,781)


Excess Premiums 151,453 605,859 7,536,890 8,142,749Administrative 28,546 109,230 1,400,308 1,509,538

TOTAL EXPENSES 179,999 715,089 8,937,198 9,652,2874. UNDERWRITING PROFIT (1-2-3) (139,916) (483,588) 606,644 123,0565. INVESTMENT INCOME 2,155 7,814 49,678 57,4926. PROFIT (4 + 5) (137,761) (475,774) 656,322 180,5487. CEL APPROPRIATION CANCELLATION 0 0 4,958 4,9588. DIVIDEND INCOME 0 0 0 09. DIVIDEND EXPENSE 0 0 0 010. INVESTMENT IN JOINT VENTURE (49,157) (26,703) 445,018 418,315

11. SURPLUS (6 + 7 + 8) (186,918) (502,476) 1,106,298 603,821


(10,293) (41,421) 798,396 756,976(92,004) (49,597) (74,867) (124,464)(13,244) (24,059) 233,629 209,569

(139,070) (410,899) 149,140 (261,760)67,693 23,500 23,500

TOTAL SURPLUS (DEFICITS) (186,918) (502,476) 1,106,298 603,821

TOTAL CASH 4,618,962


FUND YEAR 2012Paid Claims 6,901 21,420 1,508,548 1,529,968Case Reserves (6,901) (23,379) 224,885 201,506IBNR (1,852) (4,848) 64,742 59,894Discounted Claim Value 160 633 (5,405) (4,772)

TOTAL FY 2012 CLAIMS (1,692) (6,174) 1,792,770 1,786,596

FUND YEAR 2013Paid Claims 26,718 62,307 1,554,616 1,616,923Case Reserves 40,911 (34,643) 858,279 823,636IBNR (3,101) 4,146 147,814 151,960Discounted Claim Value (814) 1,740 (22,936) (21,195)

TOTAL FY 2013 CLAIMS 63,714 33,549 2,537,774 2,571,324

FUND YEAR 2014Paid Claims 48,155 87,636 867,265 954,901Case Reserves (25,342) 133,521 408,717 542,239IBNR (6,513) (169,279) 814,064 644,785Discounted Claim Value 624 2,081 (29,320) (27,239)

TOTAL FY 2014 CLAIMS 16,925 53,959 2,060,726 2,114,685

FUND YEAR 2015Paid Claims 151,589 406,907 579,624 986,531Case Reserves (33,861) 71,191 994,906 1,066,097IBNR 2,713 (91,384) 636,750 545,366Discounted Claim Value (1,042) 2,220 (43,738) (41,518)

TOTAL FY 2015 CLAIMS 119,399 388,934 2,167,542 2,556,476

FUND YEAR 2016Paid Claims (1,822) 108,758 108,758Case Reserves 22,403 223,331 223,331IBNR 118,663 478,246 478,246Discounted Claim Value (3,671) (16,056) (16,056)

TOTAL FY 2016 CLAIMS 135,572 794,279 0 794,279


BURLINGTON COUNTY INSURANCE COMMISSIONFINANCIAL FAST TRACK REPORT

April 30, 2016ALL YEARS COMBINED

20122013201420152016


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AS OF May 31, 2016

THIS YTD PRIOR FUNDMONTH CHANGE YEAR END BALANCE

1. UNDERWRITING INCOME 1,765,854 8,829,272 76,187,004 85,016,2762. CLAIM EXPENSES

Paid Claims 56,361 757,709 1,089,974 1,847,683Case Reserves 401,151 962,607 2,413,317 3,375,923IBNR (171,181) 404,969 9,188,910 9,593,879Discounted Claim Value (33,839) (118,603) (651,074) (769,677)


Excess Premiums 1,256,071 6,278,117 52,056,606 58,334,723Administrative 128,935 645,526 5,652,271 6,297,797

TOTAL EXPENSES 1,385,006 6,923,643 57,708,877 64,632,5204. UNDERWRITING PROFIT (1-2-3) 128,357 (101,052) 6,436,999 6,335,9475. INVESTMENT INCOME 3,719 16,504 184,725 201,2286. PROFIT (4+5) 132,076 (84,548) 6,621,724 6,537,1757. Dividend 0 0 150,000 150,0008. Cancelled Appropriations 0 0 607,551 607,5519. SURPLUS (6-7-8) 132,076 (84,548) 5,864,173 5,779,624


1,759 16,541 642,182 658,7233,244 (194,241) 1,149,228 954,987

18,335 (311,904) 477,778 165,874659 (127,587) 1,259,797 1,132,210

11,272 319,103 1,417,746 1,736,849876 (289,074) 917,441 628,367

95,929 502,613 502,613TOTAL SURPLUS (DEFICITS) 132,076 (84,548) 5,864,172 5,779,623TOTAL CASH 17,002,755


FUND YEAR 2010Paid Claims 0 901 163,454 164,355Case Reserves 0 (0) 1 1IBNR (1,603) (17,124) 326,545 309,422Discounted Claim Value 53 710 (11,008) (10,298)

TOTAL FY 2010 CLAIMS (1,550) (15,513) 478,992 463,479

FUND YEAR 2011Paid Claims 0 91,234 144,097 235,331Case Reserves 0 158,768 262,007 420,775IBNR (3,007) (43,638) 623,896 580,258Discounted Claim Value 141 (10,315) (41,637) (51,952)

TOTAL FY 2011 CLAIMS (2,866) 196,049 988,363 1,184,412

FUND YEAR 2012Paid Claims 35,927 546,946 515,889 1,062,835Case Reserves (51,988) (136,694) 856,270 719,575IBNR (5,309) (95,441) 1,120,043 1,024,602Discounted Claim Value 3,438 (895) (82,267) (83,162)

TOTAL FY 2012 CLAIMS (17,932) 313,916 2,409,934 2,723,850

FUND YEAR 2013Paid Claims 344 344 15,975 16,319Case Reserves 355,925 605,125 511,304 1,116,429IBNR (343,208) (463,778) 1,657,721 1,193,943Discounted Claim Value (13,061) (10,989) (110,993) (121,982)

TOTAL FY 2013 CLAIMS 0 130,702 2,074,007 2,204,709

FUND YEAR 2014Paid Claims 1,101 26,532 120,096 146,628Case Reserves (1,101) (166,940) 313,106 146,166IBNR (11,236) (198,300) 2,411,798 2,213,498Discounted Claim Value 749 23,316 (164,745) (141,429)

TOTAL FY 2014 CLAIMS (10,487) (315,392) 2,680,255 2,364,863

FUND YEAR 2015Paid Claims 18,989 91,752 130,464 222,216Case Reserves 98,310 502,336 470,629 972,965IBNR (113,158) (281,417) 3,048,907 2,767,490Discounted Claim Value (4,141) (17,198) (240,424) (257,622)

TOTAL FY 2015 CLAIMS (0) 295,473 3,409,576 3,705,049

FUND YEAR 2016Paid Claims 0 0 0Case Reserves 5 12 12IBNR 306,339 1,504,667 1,504,667Discounted Claim Value (21,017) (103,231) (103,231)

TOTAL FY 2016 CLAIMS 285,327 1,401,447 0 1,401,447


2012

NEW JERSEY COUNTIES EXCESS JIFFINANCIAL FAST TRACK REPORT

ALL YEARS COMBINED

20102011

2013201420152016


13

AS OF April 30, 2016



Paid Claims (10,115) 701,348 1,089,974 1,791,322Case Reserves 613,635 561,456 2,413,317 2,974,772IBNR 198,307 576,150 9,188,910 9,765,061Discounted Claim Value (52,490) (84,764) (651,074) (735,838)


Excess Premiums 1,239,089 5,022,046 52,056,606 57,078,652Administrative 120,128 516,591 5,652,271 6,168,862

TOTAL EXPENSES 1,359,217 5,538,637 57,708,877 63,247,5144. UNDERWRITING PROFIT (1-2-3) (372,052) (229,409) 6,436,999 6,207,5905. INVESTMENT INCOME 3,342 12,785 184,725 197,5096. PROFIT (4+5) (368,709) (216,624) 6,621,724 6,405,1007. Dividend 0 0 150,000 150,0008. Cancelled Appropriations 0 0 607,551 607,5519. SURPLUS (6-7-8) (368,709) (216,624) 5,864,173 5,647,549


9,503 14,782 642,182 656,96424,690 (197,485) 1,149,228 951,742

(83,021) (330,239) 477,778 147,539(212,714) (128,245) 1,259,797 1,131,551

35,109 307,830 1,417,746 1,725,577(240,643) (289,950) 917,441 627,491

98,366 406,683 406,683TOTAL SURPLUS (DEFICITS) (368,709) (216,624) 5,864,172 5,647,548TOTAL CASH 17,556,245


FUND YEAR 2010Paid Claims 0 901 163,454 164,355Case Reserves 0 (0) 1 1IBNR (9,619) (15,520) 326,545 311,025Discounted Claim Value 320 657 (11,008) (10,351)

TOTAL FY 2010 CLAIMS (9,299) (13,963) 478,992 465,029

FUND YEAR 2011Paid Claims 0 91,234 144,097 235,331Case Reserves (7,590) 158,768 262,007 420,775IBNR (18,039) (40,631) 623,896 583,265Discounted Claim Value 1,291 (10,456) (41,637) (52,093)

TOTAL FY 2011 CLAIMS (24,338) 198,915 988,363 1,187,278

FUND YEAR 2012Paid Claims 1,512 511,019 515,889 1,026,908Case Reserves 123,723 (84,707) 856,270 771,563IBNR (31,853) (90,133) 1,120,043 1,029,911Discounted Claim Value (9,985) (4,333) (82,267) (86,600)

TOTAL FY 2012 CLAIMS 83,397 331,847 2,409,934 2,741,781

FUND YEAR 2013Paid Claims 0 0 15,975 15,975Case Reserves 250,000 249,200 511,304 760,504IBNR (31,370) (120,570) 1,657,721 1,537,151Discounted Claim Value (5,302) 2,072 (110,993) (108,921)

TOTAL FY 2013 CLAIMS 213,327 130,701 2,074,007 2,204,709

FUND YEAR 2014Paid Claims (12,228) 25,431 120,096 145,527Case Reserves (1,101) (165,839) 313,106 147,267IBNR (22,472) (187,064) 2,411,798 2,224,734Discounted Claim Value 1,421 22,567 (164,745) (142,177)

TOTAL FY 2014 CLAIMS (34,380) (304,905) 2,680,255 2,375,350

FUND YEAR 2015Paid Claims 601 72,763 130,464 203,227Case Reserves 248,598 404,026 470,629 874,655IBNR 14,332 (168,259) 3,048,907 2,880,648Discounted Claim Value (19,836) (13,057) (240,424) (253,481)

TOTAL FY 2015 CLAIMS 243,695 295,473 3,409,576 3,705,050

FUND YEAR 2016Paid Claims 0 0 0Case Reserves 5 7 7IBNR 297,329 1,198,327 1,198,327Discounted Claim Value (20,399) (82,214) (82,214)

TOTAL FY 2016 CLAIMS 276,935 1,116,120 0 1,116,120


2012

NEW JERSEY COUNTIES EXCESS JIFFINANCIAL FAST TRACK REPORT

ALL YEARS COMBINED

20102011

2013201420152016


14

AS OF June 30, 2016C O V E R A G E L I N E - PROPERTYC L A I M C O U N T - O P E N C L A I M SYear 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 0 0 0 0 0 0 2 2June-16 0 0 0 0 0 0 2 2

NET CHGE 0 0 0 0 0 0 0 0Limited Reserves $95,000Year 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 $0 $0 $0 $0 $0 $0 $190,000 $190,000June-16 $0 $0 $0 $0 $0 $0 $190,000 $190,000

NET CHGE $0 $0 $0 $0 $0 $0 $0 $0Ltd Incurred $0 $0 $59,388 $0 $2,109 $166,308 $286,000 $513,805C O V E R A G E L I N E - GENERAL LIABILITYC L A I M C O U N T - O P E N C L A I M SYear 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 0 0 4 8 25 21 4 62June-16 0 0 3 7 23 12 7 52

NET CHGE 0 0 -1 -1 -2 -9 3 -10Limited Reserves $18,364Year 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 $0 $0 $89,181 $265,607 $287,809 $119,456 $10,165 $772,218June-16 $0 $0 $87,463 $252,790 $464,015 $108,010 $42,665 $954,944

NET CHGE $0 $0 ($1,719) ($12,817) $176,207 ($11,445) $32,500 $182,726Ltd Incurred $0 $0 $447,098 $490,487 $757,075 $253,504 $45,829 $1,993,993C O V E R A G E L I N E - AUTO LIABILITYC L A I M C O U N T - O P E N C L A I M SYear 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 0 0 0 0 13 2 1 16June-16 0 0 0 0 6 2 2 10

NET CHGE 0 0 0 0 -7 0 1 -6Limited Reserves $13,213Year 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 $0 $0 $0 $0 $111,701 $20,765 $93 $132,560June-16 $0 $0 $0 $0 $110,274 $20,765 $1,093 $132,133

NET CHGE $0 $0 $0 $0 ($1,427) $0 $1,000 ($427)Ltd Incurred $0 $0 $7,877 $41,428 $242,338 $70,367 $63,914 $425,924C O V E R A G E L I N E - WORKERS COMP.C L A I M C O U N T - O P E N C L A I M SYear 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 0 0 3 12 6 22 20 63June-16 0 0 3 11 6 21 30 71

NET CHGE 0 0 0 -1 0 -1 10 8Limited Reserves $29,836Year 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 $0 $0 $122,284 $704,570 $194,545 $917,276 $131,218 $2,069,894June-16 $0 $0 $120,979 $644,350 $191,777 $949,757 $211,489 $2,118,354

NET CHGE $0 $0 ($1,305) ($60,220) ($2,768) $32,482 $80,271 $48,460Ltd Incurred $0 $0 $1,319,576 $2,049,531 $718,871 $1,704,764 $332,415 $6,125,157

Year 2010 2011 2012 2013 2014 2015 2016 TOTALMay-16 0 0 7 20 44 45 27 143June-16 0 0 6 18 35 35 41 135

NET CHGE 0 0 -1 -2 -9 -10 14 -8Limited Reserves $25,151Year 2010 2011 2012 2013 2014 2015 2016 TOTAL

May-16 $0 $0 $211,466 $970,177 $594,055 $1,057,497 $331,477 $3,164,672June-16 $0 $0 $208,442 $897,140 $766,067 $1,078,533 $445,248 $3,395,430

NET CHGE $0 $0 ($3,024) ($73,037) $172,011 $21,037 $113,771 $230,759Ltd Incurred $0 $0 $1,833,939 $2,581,446 $1,720,393 $2,194,942 $728,158 $9,058,879

C L A I M C O U N T - O P E N C L A I M S

Burlington County Insurance CommissionCLAIM ACTIVITY REPORT

T O T A L A L L L I N E S C O M B I N E D

15

Bur lington County Insur ance CommissionCLAIMS MANAGEMENT REPORT

EXPECTED LOSS RATIO ANALYSIS AS OF J une 30, 2016

FUND YEAR 2012 -- LOSSES CAPPED AT RETENTION54 53 42

Budget Actual Actual Actual30-Jun-16 31-aay-16 30-Jun-15

PROPERTY 124,180 59,388 59,388 47.82% 124,180 100.00% 59,388 59,388 47.82% 124,180 100.00% 42,202 42,202 33.98% 124,180 100.00%DEN LIABILITY 219,452 447,098 447,098 203.73% 212,277 96.73% 447,098 447,098 203.73% 212,051 96.63% 356,314 356,314 162.37% 205,095 93.46%AUTO LIABILITY 68,206 7,877 7,877 11.55% 64,497 94.56% 7,877 7,877 11.55% 64,291 94.26% 7,877 7,877 11.55% 61,530 90.21%WORYER'S COaP 2,058,826 1,349,843 1,319,576 64.09% 2,052,668 99.70% 1,349,843 1,349,843 65.56% 2,051,850 99.66% 1,393,858 1,393,858 67.70% 2,036,627 98.92%TOTAL ALL LINES 2,470,664 1,864,207 1,833,939 74.23% 2,453,622 99.31% 1,864,207 1,864,207 75.45% 2,452,372 99.26% 1,800,252 1,800,252 72.87% 2,427,432 98.25%NET PAYOUT % $1,625,497



PROPERTY 126,664 0 0 0.00% 126,664 100.00% 0 0 0.00% 126,664 100.00% 0 0 0.00% 126,664 100.00%DEN LIABILITY 223,841 490,487 490,487 219.12% 209,197 93.46% 494,909 494,909 221.10% 208,147 92.99% 345,270 345,270 154.25% 191,530 85.57%AUTO LIABILITY 69,570 41,428 41,428 59.55% 62,761 90.21% 41,428 41,428 59.55% 62,451 89.77% 41,428 41,428 59.55% 57,682 82.91%WORYER'S COaP 1,804,203 2,049,531 2,049,531 113.60% 1,784,749 98.92% 2,050,675 2,050,675 113.66% 1,782,809 98.81% 1,969,420 1,969,420 109.16% 1,742,349 96.57%TOTAL ALL LINES 2,224,277 2,581,446 2,581,446 116.06% 2,183,370 98.16% 2,587,012 2,587,012 116.31% 2,180,070 98.01% 2,356,117 2,356,117 105.93% 2,118,225 95.23%NET PAYOUT % $1,684,306



PROPERTY 126,664 2,109 2,109 1.67% 126,664 100.00% 2,109 2,109 1.67% 126,664 100.00% 2,109 2,109 1.67% 122,974 97.09%DEN LIABILITY 223,841 757,075 757,075 338.22% 191,530 85.57% 565,252 565,252 252.52% 189,487 84.65% 526,981 526,981 235.43% 159,283 71.16%AUTO LIABILITY 69,570 242,338 242,338 348.34% 57,682 82.91% 242,338 242,338 348.34% 57,062 82.02% 155,930 155,930 224.13% 46,217 66.43%WORYER'S COaP 1,690,287 718,871 718,871 42.53% 1,632,339 96.57% 719,435 719,435 42.56% 1,626,214 96.21% 668,440 668,440 39.55% 1,458,904 86.31%TOTAL ALL LINES 2,110,361 1,720,393 1,720,393 81.52% 2,008,214 95.16% 1,529,133 1,529,133 72.46% 1,999,427 94.74% 1,353,460 1,353,460 64.13% 1,787,379 84.70%NET PAYOUT % $954,326



PROPERTY 117,000 166,308 166,308 142.14% 113,592 97.09% 166,308 166,308 142.14% 113,339 96.87% 1,271 1,271 1.09% 52,650 45.00%DEN LIABILITY 300,000 253,504 253,504 84.50% 213,478 71.16% 260,033 260,033 86.68% 208,638 69.55% 85,305 85,305 28.43% 57,000 19.00%AUTO LIABILITY 68,000 70,367 70,367 103.48% 45,174 66.43% 70,367 70,367 103.48% 43,730 64.31% 38,809 38,809 57.07% 13,600 20.00%WORYER'S COaP 1,732,504 1,704,764 1,704,764 98.40% 1,495,343 86.31% 1,605,606 1,605,606 92.68% 1,459,319 84.23% 330,263 330,263 19.06% 242,551 14.00%TOTAL ALL LINES 2,217,504 2,194,942 2,194,942 98.98% 1,867,586 84.22% 2,102,314 2,102,314 94.81% 1,825,026 82.30% 455,648 455,648 20.55% 365,801 16.50%NET PAYOUT % $1,116,409

FUND YEAR 2016 -- LOSSES CAPPED AT RETENTION6 5 -6


PROPERTY 98,000 286,000 286,000 291.84% 44,100 45.00% 191,000 191,000 194.90% 36,260 37.00% 0 0 N/A N/A N/ADEN LIABILITY 368,000 45,829 45,829 12.45% 69,920 19.00% 11,329 11,329 3.08% 51,520 14.00% 0 0 N/A N/A N/AAUTO LIABILITY 74,000 63,914 63,914 86.37% 14,800 20.00% 40,756 40,756 55.08% 11,100 15.00% 0 0 N/A N/A N/AWORYER'S COaP 1,789,699 332,415 332,415 18.57% 250,558 14.00% 226,433 226,433 12.65% 161,073 9.00% 0 0 N/A N/A N/ATOTAL ALL LINES 2,329,699 728,158 728,158 31.26% 379,378 16.28% 469,518 469,518 20.15% 259,953 11.16% 0 0 N/A N/A N/ANET PAYOUT % $282,910

45.22%

75.72%

Current Last aonth Last YearUnlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

65.79%


Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED


Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

aONTI TARDETED

50.35%


Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

12.14%


Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

aONTI TARDETED

Unlimited Incurred

Limited Incurred

16

BURLINGTON COUNTY INSURANCE COMMISSION 9 Campus Drive, Suite 216

Parsippany, NJ 07054 Telephone (201) 881-7632 Fax (201) 881-7633

Date: August 4, 2016 Memo to: Commissioners of the Burlington County Insurance Commission

From: PERMA Risk Management Services Subject: Health Benefit Reports

EXECUTIVE DIRECTOR’S REPORT

FINANCIAL PROCEDURES

• Financial Fast Track – Attached is the health program income statement the first half of 2016.

BENEFIT PROGRAM MANAGER’S REPORT

Stop Loss Recommendation for 7/1/2016 – 6/30/2017 Policy Term As the Benefit Program Managers, AJM Insurance Management and Innovative Risk Solutions, Inc. conducted a stop loss marketing for the BCIC. It is our recommendation that the BCIC stop loss be renewed at the current coverage levels through the current Managing General Underwriter Swiss Re at no increase in premium. 7/1/2015 – 6/30/2016 Annual Premium: $1,711,429 7/1/2016 – 6/30/2017 Annual Premium: $1,710,208 Offers Considered:

• AIG – 18% over current • High Mark – 6% over current • Sun Life – 57% over current • M.R. HIF – No offer made • VISTA MGU – No offer made

17

The stop loss coverage for the BCIC was renewed on 7/1/2016 and the decision was made to remain with the current MGU and renew the coverage at no increase at the same specific deductible of $250k. The policy terms were forwarded to our TPA AmeriHealth Administrators for claim adjudication. CLAIM APPEAL – There is one claim appeal to be heard in closed session..

18

AS OF June 30, 2016



Paid Claims 3,157,295 20,287,785 12,349,324 32,637,109 IBNR (110,600) (78,987) 5,148,816 5,069,829 Less Specific Excess (249,470) (1,329,160) (50,636) (1,379,796) Less Aggregate Excess - - - -

TOTAL CLAIMS 2,797,224 18,879,638 17,447,504 36,327,1423. EXPENSES

aA & IaO Premiums 43,589 258,919 0 258,919Excess Premiums 120,811 723,092 704,528 1,427,619Administrative 208,739 1,235,218 1,223,988 2,459,207

TOTAL EXPENSES 373,139 2,217,229 1,928,516 4,145,7454. UNDERWRITING PROFIT (1-2-3) 463,812 (413,086) 368,927 (44,159)5. INVESTMENT INCOME 545 3,728 4,319 8,0476. DIVIDEND INCOME 0 0 0 07. STATUTORY PROFIT (4+5+6) 464,357 (409,358) 373,246 (36,111)8. DIVIDEND 0 0 0 09. STATUTORY SURPLUS (7-8) 464,357 (409,358) 373,246 (36,111)

SURPLUS (DEFICITS) BY FUND YEARSurplus 145,532 (214,050) 373,246 159,196Cash (3,832) 343,916 264,754 608,671Surplus 318,824 (195,307) (195,307)Cash 394,695 837,787 837,787

TOTAL SURPLUS (DEFICITS) 464,357 (409,358) 373,246 (36,111)TOTAL CASH 390,863 1,181,704 264,754 1,446,458


FUND YEAR 2015Paid Claims 54,808 4,924,466 12,349,324 17,273,790IBNR (200,000) (4,707,779) 5,148,816 441,037Less Specific Excess 0 0 (50,636) (50,636)Less Aggregate Excess 0 0 0 0

TOTAL FY 2015 CLAIMS (145,192) 216,686 17,447,504 17,664,190FUND YEAR 2016

Paid Claims 3,102,487 15,363,319 15,363,319IBNR 89,400 4,628,792 4,628,792Less Specific Excess (249,470) (1,329,160) (1,329,160)Less Aggregate Excess 0 0 0

TOTAL FY 2016 CLAIMS 2,942,417 18,662,952 18,662,952

COMBINED TOTAL CLAIMS 2,797,224 18,879,638 17,447,504 36,327,142

BURIHNGTON FOUNTY HNSURANFE FOMMHSSHON-HHF

2015

FHNANFHAI FAST TRAFK REPORT

2016


19

BURLINGTON COUNTY INSURANCE COMMISSION BILLS LIST

Resolution No. 34-16 JULY 2016 WHEREAS, the Treasurer has certified that funding is available to pay the following bills:

BE IT RESOLVED that the Burlington County Insurance Fund Commission, hereby authorizes the Commission Treasurer to issue warrants in payment of the following claims; and

FURTHER, that this authorization shall be made a permanent part of the records of the Commission.

FUND YEAR 2015 CheckNumber VendorName Comment InvoiceAmount

000181 000181 NEW JERSEY COUNTIES EXCESS JIF ADJUST CEL 2ND 2016 INSTALL - ADD'L 40,000.00 40,000.00

TOTAL PAYMENTS FY 2015 40,000.00 FUND YEAR 2016 CheckNumber VendorName Comment InvoiceAmount

000182 000182 NEW JERSEY COUNTIES EXCESS JIF CEL 2ND INSTALLMENT 2016 727,001.53 727,001.53 000183 000183 BURLINGTON COUNTY HEALTH TO CORRECT DEPOSIT ERRO - 6/28/16 125,857.11 125,857.11 000184 000184 PMA COMPANIES, INC. CLAIMS HANDLING FEE 07/2016 9,166.00 9,166.00 000185 000185 PERMA RISK MANAGEMENT SERVICES POSTAGE FEE 06/2016 3.04 000185 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 07/2016 14,527.33 14,530.37 000186 000186 CRAIG, ANNIN & BAXTER, LLP ATTORNEY FEE 06/2016 1,320.00 1,320.00 000187 000187 THE ACTUARIAL ADVANTAGE ACTUARIAL SERVICES FEE 07/2016 594.16 594.16 000188 000188 CALKINS MEDIA ACCT: 9736596410 - 5/27/16 - JUN MTG 29.66 29.66

TOTAL PAYMENTS FY 2016 878,498.83

TOTAL PAYMENTS ALL FUND YEARS $ 918,498.83

___________________________________ Chairperson

Attest: ____________________________________ Dated:______________________________ I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims. ____________________________________ Treasurer

20

BURLINGTON COUNTY INSURANCE COMMISSION HEALTH INSURANCE FUND BILLS LIST

Resolution No. 35-16 JULY 2016 WHEREAS, the Treasurer has certified that funding is available to pay the following bills. BE IT RESOLVED that the Burlington County Insurance Commission Health Insurance Fund’s hereby authorizes the Commission Treasurer to issue warrants in payment of the following claims; and FURTHER, that this authorization shall be made a permanent part of the records of the Commission. FUND YEAR 2016 CheckNumber VendorName Comment InvoiceAmount

W0716 W0716 DEPARTMENT OF TREASURY PATIENT CENTERED OUTCOMES RESEARCH 7/16 9,932.09 9,932.09 000072 000072 AETNA HEALTH MANAGEMENT LLC ACCT: AE-466688 - 07/2016 42,717.22 42,717.22 000073 000073 AMERIHEATH ADMINISTRATORS TPA FEE 07/2016 69,309.68 69,309.68 000074 000074 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 07/2016 95,436.00 95,436.00 000075 000075 AJM INSURANCE STOP LOSS COMMISSION - 07/2016 10,196.39 000075 AJM INSURANCE PROGRAM MANAGER FEE 07/2016 30,027.20 40,223.59 000076 000076 INNOVATIVE RISK SOLUTIONS, INC STOP LOSS COMMISSION - 07/2016 10,197.42 000076 INNOVATIVE RISK SOLUTIONS, INC PROGRAM MANAGER - 07/2016 35,740.80 45,938.22 000077 000077 STANDARD SECURITY LIFE AGGREGATE REINSURANCE - 07/2016 27,436.80 000077 STANDARD SECURITY LIFE SPECIFIC REINSURANCE - 07/2016 109,117.80 136,554.60


TOTAL PAYMENTS ALL FUND YEARS $ 440,111.40 _____________________________________ Chairperson Attest: ____________________________________ Dated:______________________________ I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims. ____________________________________ Treasurer

21

BURLINGTON COUNTY INSURANCE COMMISSION BILLS LIST

Resolution No. 36-16 AUGUST 2016 WHEREAS, the Treasurer has certified that funding is available to pay the following bills:

BE IT RESOLVED that the Burlington County Insurance Fund Commission, hereby authorizes the Commission Treasurer to issue warrants in payment of the following claims; and

FURTHER, that this authorization shall be made a permanent part of the records of the Commission. FUND YEAR 2015 CheckNumber VendorName Comment InvoiceAmount

000189 000189 BOWMAN & COMPANY LLP AUDITOR FEE 06/30/2016 2,200.00 2,200.00

TOTAL PAYMENTS FY 2015 2,200.00 FUND YEAR 2016 CheckNumber VendorName Comment InvoiceAmount

000190 000190 PMA COMPANIES, INC. CLAIMS HANDLING FEE 08/2016 9,166.00 9,166.00 000191 000191 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 08/2016 14,527.33 14,527.33 000192 000192 CRAIG, ANNIN & BAXTER, LLP ATTORNEY FEE 07/27/16 120.00 120.00 000193 000193 THE ACTUARIAL ADVANTAGE ACTUARIAL SERVICES FEE - 08/2016 594.16 594.16


TOTAL PAYMENTS ALL FUND YEARS $ 26,607.49

_____________________________________ Chairperson Attest: ____________________________________ Dated:______________________________ I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims. ____________________________________ Treasurer

22

BURLINGTON COUNTY INSURANCE COMMISSION HEALTH INSURANCE FUND BILLS LIST

Resolution No. 37-16 AUGUST 2016 WHEREAS, the Treasurer has certified that funding is available to pay the following bills. BE IT RESOLVED that the Burlington County Insurance Commission Health Insurance Fund’s hereby authorizes the Commission Treasurer to issue warrants in payment of the following claims; and FURTHER, that this authorization shall be made a permanent part of the records of the Commission. WHEREAS, the Treasurer has certified that funding is available to pay the following bills. BE IT RESOLVED that the Burlington County Insurance Commission Health Insurance Fund’s hereby authorizes the Commission Treasurer to issue warrants in payment of the following claims; and FURTHER, that this authorization shall be made a permanent part of the records of the Commission. FUND YEAR 2016 CheckNumber VendorName Comment InvoiceAmount

000078 000078 AETNA HEALTH MANAGEMENT LLC ACCT: AE-466688 - 08/2016 43,153.11 43,153.11 000079 000079 AMERIHEATH ADMINISTRATORS TPA FEE 08/2016 69,233.53 69,233.53 000080 000080 ACTUARIAL SOLUTIONS, LLC FUND ACTUARY FEE 3RD QTR 2016 8,750.00 8,750.00 000081 000081 AJM INSURANCE STOP LOSS COMMISSION 10,282.27 000081 AJM INSURANCE PROGRAM MANAGER FEE 08/2016 30,260.96 40,543.23 000082 000082 INNOVATIVE RISK SOLUTIONS, INC STOP LOSS COMMISSION - 08/2016 10,283.34 000082 INNOVATIVE RISK SOLUTIONS, INC PROGRAM MANAGER FEE 08/2016 36,019.04 46,302.38 000083 000083 STANDARD SECURITY LIFE SPECIFIC REINSURANCE - 08/2016 110,102.17 000083 STANDARD SECURITY LIFE AGGREGATE REINSURANCE - 08/2016 -11,884.80 98,217.37

TOTAL PAYMENTS FY 2016 306-,399-.62

TOTAL PAYMENTS ALL FUND YEARS $ 306,199.62 _____________________________________ Chairperson Attest: ____________________________________ Dated:______________________________ I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims. ____________________________________ Treasurer

23

Current Fund Year: 2016Month Ending: May

Property Liability Auto Worker's Comp NJ CEL Admin TO TALOPEN BALANCE 292,481.36 (235,249.91) 33,076.22 4,274,858.60 770,559.89 (516,763.75) 4,618,962.42RECEIPTSAssessments 29,399.99 110,400.00 22,199.88 536,909.70 545,287.14 102,261.23 1,346,457.95Refunds 0.00 0.00 0.00 50.00 0.00 0.00 50.00Invest Pymnts 0.00 0.00 0.00 0.00 0.00 2,499.06 2,499.06Invest Adj 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal Invest 0.00 0.00 0.00 0.00 0.00 2,499.06 2,499.06Other * 0.00 0.00 0.00 0.00 0.00 60,002.42 60,002.42

TOTAL 29,399.99 110,400.00 22,199.88 536,959.70 545,287.14 164,762.71 1,409,009.43

EXPENSESClaims Transfers 0.00 41,332.01 4,874.23 105,986.53 0.00 0.00 152,192.77Expenses 0.00 0.00 0.00 0.00 0.00 25,951.43 25,951.43Other * 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 0.00 41,332.01 4,874.23 105,986.53 0.00 25,951.43 178,144.20END BALANCE 321,881.36 (166,181.92) 50,401.87 4,705,831.77 1,315,847.04 (377,952.47) 5,849,827.65

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BURLINGTO N CO UNTY INSURANCE CO MMISSIO N SUMMARY O F CASH TRANSACTIO NS - ALL FUND YEARS CO MBINED

Current Fund Year: 2016Month Ending: April

Property Liability Auto Worker's Comp NJ CEL Admin TO TALOPEN BALANCE 348,222.98 (213,545.09) 51,152.99 4,248,850.54 643,430.35 (508,065.00) 4,570,046.78RECEIPTSAssessments 6,854.38 25,738.92 5,175.73 125,176.40 127,129.54 19,595.79 309,670.76Refunds 32,404.00 0.00 0.00 50.00 0.00 0.00 32,454.00Invest Pymnts 0.00 0.00 0.00 0.00 0.00 2,155.36 2,155.36Invest Adj 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal Invest 0.00 0.00 0.00 0.00 0.00 2,155.36 2,155.36Other * 0.00 14,780.84 0.00 0.00 0.00 0.00 14,780.84

TOTAL 39,258.38 40,519.76 5,175.73 125,226.40 127,129.54 21,751.15 359,060.96

EXPENSESClaims Transfers 95,000.00 62,224.58 23,252.50 99,218.34 0.00 0.00 279,695.42Expenses 0.00 0.00 0.00 0.00 0.00 30,449.89 30,449.89Other * 0.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 95,000.00 62,224.58 23,252.50 99,218.34 0.00 30,449.89 310,145.31END BALANCE 292,481.36 (235,249.91) 33,076.22 4,274,858.60 770,559.89 (516,763.75) 4,618,962.42

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SUMMARY O F CASH AND INVESTMENT INSTRUMENTSBURLINGTO N CO UNTY INSURANCE CO MMISSIO N ALL FUND YEARS CO MBINEDCURRENT MO NTH MayCURRENT FUND YEAR 2016

Description:Ins Comm

General A/C -Investors

ASO Claims-WC & Liab

ID Number:Maturity (Yrs)

Purchase Yield:

TO TAL for All Accts & instruments

O pening Cash & Investment Balance $4,618,961.80 4576814.89 42146.91O pening Interest Accrual Balance $0.00 0 0

1 Interest Accrued and/or Interest Cost $0.00 $0.00 $0.002 Interest Accrued - discounted Instr.s $0.00 $0.00 $0.003 (Amortization and/or Interest Cost) $0.00 $0.00 $0.004 Accretion $0.00 $0.00 $0.005 Interest Paid - Cash Instr.s $2,499.08 $2,499.08 $0.006 Interest Paid - Term Instr.s $0.00 $0.00 $0.007 Realized Gain (Loss) $0.00 $0.00 $0.008 Net Investment Income $2,499.08 $2,499.08 $0.009 Deposits - Purchases $1,558,703.14 $1,406,510.37 $152,192.77

10 (Withdrawals - Sales) -$330,336.97 -$178,144.20 -$152,192.77

Ending Cash & Investment Balance $5,849,827.05 $5,807,680.14 $42,146.91Ending Interest Accrual Balance $0.00 $0.00 $0.00Plus Outstanding Checks $81,651.43 $69,407.36 $12,244.07(Less Deposits in Transit) -$69,407.36 $0.00 -$69,407.36Balance per Bank $5,862,071.12 $5,877,087.50 -$15,016.38

26

SUMMARY O F CASH AND INVESTMENT INSTRUMENTSBURLINGTO N CO UNTY INSURANCE CO MMISSIO N ALL FUND YEARS CO MBINEDCURRENT MO NTH AprilCURRENT FUND YEAR 2016

Description:Ins Comm

General A/C -Investors

ASO Claims-WC & Liab

ID Number:Maturity (Yrs)

Purchase Yield:

TO TAL for All Accts & instruments

O pening Cash & Investment Balance $4,570,046.15 4557779.82 12,266.33$ O pening Interest Accrual Balance $0.00 0 -$

1 Interest Accrued and/or Interest Cost $0.00 $0.00 $0.002 Interest Accrued - discounted Instr.s $0.00 $0.00 $0.003 (Amortization and/or Interest Cost) $0.00 $0.00 $0.004 Accretion $0.00 $0.00 $0.005 Interest Paid - Cash Instr.s $2,155.36 $2,155.36 $0.006 Interest Paid - Term Instr.s $0.00 $0.00 $0.007 Realized Gain (Loss) $0.00 $0.00 $0.008 Net Investment Income $2,155.36 $2,155.36 $0.009 Deposits - Purchases $666,481.60 $356,905.60 $309,576.00

10 (Withdrawals - Sales) -$619,721.31 -$340,025.89 -$279,695.42

Ending Cash & Investment Balance $4,618,961.80 $4,576,814.89 $42,146.91Ending Interest Accrual Balance $0.00 $0.00 $0.00Plus Outstanding Checks $11,211.47 $25.00 $11,186.47(Less Deposits in Transit) $0.00 $0.00 $0.00Balance per Bank $4,630,173.27 $4,576,839.89 $53,333.38

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BURLINGTON COUNTY INSURANCE COMMISSION SAFETY DIRECTOR’S REPORT

TO: Fund Commissioners FROM: J.A. Montgomery Risk Control, Safety Director DATE: July 27, 2016

June - August 2016 RISK CONTROL ACTIVITIES

MEETINGS ATTENDED / LOSS CONTROL VISITS CONDUCTED

• June 8: One session of LOTO, Fire Safety and Bloodborne Pathogens were conducted for BCIC.

• June 9: Attended the BCIC meeting in Mount Holly.

• June 13: One session of LOTO, Fire Safety and Bloodborne Pathogens were conducted for BCIC.

• June 15: One session of Landscape Safety was conducted for BCIC.

• June 16: A Forklift Certification training class was conducted for BCIC

• June 23: A Forklift Certification training class was conducted for BCIC.

• July 13: One session of LOTO and one session of Hazard Communications w-GHS were conducted for BCIC.

• July 19: Attended the BCIC Claims Committee meeting via conference call.

• July 21: Attended the BCIC Safety Committee meeting in Mount Holly.

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UPCOMING MEETINGS / LOSS CONTROL VISITS PLANNED

• August 4: Plan to attend the BCIC meeting in Mount Holly.

• August 4: One session of Excavation/Trenching/Shoring is scheduled for BCIC.

• August 8: One session of Landscape Safety is scheduled for BCIC.

• August 10: A Flagger Workzone class is scheduled for BCIC.

• August 16: Plan to attend the BCIC Claims Committee meeting in Mount Holly.

• August 17: One session of LOTO and one session of Hazard Communications w-GHS are scheduled for BCIC.

2016 BCIC CEL MEDIA LIBRARY USAGE: MONTH AGENCY # of Videos April BCIC 1

34

RESOLUTION NO. 38-16

BURLINGTON COUNTY INSURANCE COMMISSION RESOLUTION FOR CLOSED SESSION

WHEREAS, Section 8 of the Open Public Meetings Act, Chapter 231, P.L. 1975 permits the exclusion of the public from a meeting in certain circumstances; and

WHEREAS, this public body is of the opinion that such circumstances presently exist; now, therefore,

BE IT RESOLVED by the Burlington County Insurance Commission, County of Burlington, State of New Jersey, as follows:

1. The public shall be excluded from discussion of the hereinafter-specified subject matter.

2. The general nature of the subject matter to be discussed:

CONTRACTS: LITIGATION: 3922, 5833, 4202, 6081 PERSONNEL:

3. It is anticipated at this time that the above subject matter will be made public when the members of the Burlington County Insurance Commission have made final determination.

4. This resolution shall take effect immediately. ADOPTED by THE BURLINGTON COUNTY INSURANCE COMMISSION at a properly noticed meeting held on August 4, 2016. ADOPTED: BY:______________________________________________ KENDALL J. COLLINS, CHAIRMAN ATTEST: ____________________________________________

EVE A. CULLINAN, VICE CHAIR

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APPENDIX I

1 June 9, 2016 Burlington County Insurance Commission OPEN Minutes

BURLINGTON COUNTY INSURANCE COMMISSION OPEN MINUTES

MEETING – June 9, 2016 County Administration Building

49 Rancocas Road Mt Holly, NJ 08060

2:00 PM Meeting was called to order by Chairman Collins. Ms. Dodd read the Open Public Meetings notice into record. ROLL CALL OF COMMISSIONERS: Kendall J. Collins Present Eve A. Cullinan Present Damon Burke Present FUND PROFESSIONALS PRESENT: Executive Director PERMA Risk Management Services Joseph Hrubash Claims Services PMA Management Corp. Christina Grabowski Conner Strong & Buckelew Charity Richart Attorney CraigAnninBaxter Law Robert Baxter, Esq. Treasurer Edward Troy Safety Director J.A. Montgomery Risk Control Glenn Prince Employee Benefits PERMA Risk Management Services Paul Laracy AJM Insurance Management Greg D’Orazio Risk Management Consultant (BOSS) EJA/Capacity Insurance Agency Steve Walsh


ALSO PRESENT: Rob Henry, Innovative Risk Solutions, Inc. Maryln Pinckney, Burlington County APPROVAL OF MINUTES: OPEN & CLOSED MINUTES OF MAY 9, 2016

MOTION TO APPROVE OPEN & CLOSED MINUTES OF MAY 9, 2016

Moved: Chairman Collins Second: Commissioner Cullinan Vote: 3Ayes, 0 Nayes

CORRESPONDENCE: NONE

COMMITTEE REPORTS: SAFETY COMMITTEE: Mr. Prince reported the Safety Committee last met on April 14th and discussed a variety of topics. Mr. Prince advised the Safety Committee was scheduled to meet again on July 14th at 10:00 AM to discuss the revised Supervisor Investigation form and revised Tool Box Talks. CLAIMS COMMITTEE: Ms. Richart advised the Claims Committee last met on May 17th and the PARS would be presented during closed session. EXECUTIVE DIRECTOR REPORT: Executive Director reported he had one action item for his report. CERTIFICATE OF INSURANCE ISSUANCE REPORT: Executive Director reported on the Certificate of Insurance Report for the period of 4/30/16 to 5/30/16. There were 8 certificate of insurances issued during this period. In response to Chairman Collins inquiry, Mr. Burke advised he reviewed the report and it was accurate.

MOTION TO APPROVE THE CERTIFICATE OF INSURANCE REPORT

Moved: Chairman Collins Second: Commissioner Burke Vote: 3 Ayes, 0 Nayes

LOSS CONTROL PROGRAM: Executive Director advised he received a request from Mr. Burke to discuss an Online Training Program through LocalGovU. Executive Director referred to a copy of the 2016 Course Catalog which was included in Appendix II of the agenda. Executive Director noted the lowest program cost was approximately $10,000 for 1,167 courses. Mr. Burke advised the courses would be for Corrections and Human Resources and indicated the courses were more interactive than videos. Mr. Prince stated he spoke with two representatives of the company and advised he did have some concerns. While the course content was good for some states the


courses would have to be tailored to meet the specific needs of New Jersey, particularly 10A. Mr. Prince advised the representatives agreed to work on the NJ needs, however he thought a written commitment would be appropriate before any purchasing was done. In response to Chairman Collins’ inquiry, Mr. Prince indicated he asked the representative for some references and advised that this would be the first time LocalGovU would be working with New Jersey. After a brief discussion Chairman Collins indicated there should be more dialog on the courses and thanked Mr. Burke for bringing the courses to the Commission’s attention. Executive Director suggested that Mr. Prince and Mr. Burke work together on some options for training. Chairman Collins recommended further discussion on this topic at the August meeting. NJ EXCESS COUNTIES INSURANCE FUND (CELJIF): Executive Director reported the CELJIF met on April 26, 2016. Executive Director advised a summary report of the meeting was included in the agenda. Executive Director noted the Board of Fund Commissioners approved an award of contract to Bowman & Company LLP for auditing services. Also the firm of Citta, Holzapfel & Zabarsky, and P.A. was appointed for Litigation Management Services. Executive Director advised the fund office would be starting the data collection process for the 2017 renewal. Executive Director also advised Mr. Nolan officially announced his retirement as of July 1st and noted Mr. Cooney was added to the team and would serve as the Underwriting Manager. NJ EXCESS COUNTIES INSURANCE FUND (CELJIF) PROPOSED BYLAW AMENDMENT: Executive Director advised the CELJIF also held a public hearing by teleconference on May 5th to review a proposed bylaw amendment. Executive Director explained the amendment would allow a Joint Insurance Fund whose members were solely autonomous agencies to become a member of the NJCEJIF. Chairman Collins noted he had seen an e-mail from Mr. Proctor advising a decision was made to postpone the College Commission Project. Executive Director advised that was true, however it was hopeful that there would be another opportunity for the Colleges to join the program in the next 12-18 months. Executive Director indicated in his e-mail Mr. Proctor asked that the Counties still approve the resolution for the bylaw amendment. Chairman Collins advised the County was discussing this internally and tentatively might be ready to put on August meeting. In response to Chairman Collins’ request Executive Director advised Ms. Dodd would send a reminder e-mail regarding the resolution. BCIC PROPERTY & CASUALTY FINANCIAL FAST TRACKS: Executive Director reported the March Financial Fast Track was included in the agenda. Executive Director advised the Commission had a surplus of $744,495 as of March 31, 2016. Executive Director referred to line 10 of the report, “Investment in Joint Venture” and indicated $467,472 was Burlington County Insurance Commission’s share of the equity in the CEL. Executive Director noted the total cash amount was $4,570,047. NJ CEL PROPERTY & CASUALTY FINANCIAL FAST TRACKS: Executive Director reported the March Financial Fast Track for the NJ CEL was included in the agenda. As of March 31, 2016 the CEL had a surplus of $6,016,258. Executive Director noted the total cash amount was $15,001.315. CLAIMS TRACKING REPORTS: Executive Director reported the agenda included two claim monitoring reports as of April 30, 2016. Executive Director advised the “Claims Activity Report”


was designed to look for any inconsistencies in the amount of claims set up or changes in reserves on a monthly basis by line of coverage. Executive Director noted there were 40 open liability claims in 2015 and 10 open in 2016 and had asked PMA to look into that. Executive Director referred to the “Claims Management Report Expected Loss Ratio Analysis” which was included in the agenda and reviewed the information with the Commission. Executive Director asked if anyone had any questions regarding the reports. Executive Director advised the other items in his report were informational and asked if there were any questions.

Executive Director asked Mr. Laracy to review the Health Benefit Report which was included in the agenda.

Executive Director's Report Made Part of Minutes

HEALTH BENEFITS REPORT: FINANCIAL FAST TRACK – Mr. Laracy reviewed the financial report through April, which was showing a slightly improvement over the first quarter of 2016. He said a preliminary review of the claims are looking higher than expected. We will be discussing these claims with Mr. Troy in the near future. In response to Mr. Troy, Mr. Laracy said that we can review the discounts through Amerihealth, but the budget was tight this year which may be the reason for each month being higher than expected. There are also a few high claimants that need to be discussed. AMERIHEALTH CONTRACT - Resolution 26 -16 has been included in the agenda to approve the amendment to the Amerihealth Administrators contract to include an additional $.29 per employee per month to administer prescription data integration with the medical data. Affordable Care Act requires medical and prescription to be integrated for max out of pocket spending tracking.

MOTION TO APPROVE RESOLUTION 26-16, AMENDING THE PROFESSIONAL SERVICE AGREEMENT WITH AMERIHEALTH ADMINISTRATORS

Moved: Chairman Collins Second: Commissioner Cullinan Vote: 3 Ayes, 0 Nayes

MEDICARE ADVANTAGE SUPPLEMENTAL PROGRAM UPDATE - Mr. D’Orazio provided an update on the Medicare Advantage Supplemental program that was discussed at the previous meeting. He said that the Commission cannot offer the


Medicare Advantage program outside of Amerihealth at this time. He said there is a Supplemental plan that will also produce savings, but not quite as much as a Medicare Advantage program. This would be something the Commission can provide for January 1. Commissioner Collins requested further information on this to send to the County Counsel. STOP LOSS RENEWAL - Mr. D’Orazio will also provide an update on the Stop Loss Agreement renewal for July 1, 2016. As he is still in the process of negotiating coverage, he may ask for authority to bind coverage for a July 1 effective date with ratification at our next meeting. Mr. D’Orazio said the current provider is offering a flat renewal effective July 1 and ratify with a resolution at August. Commissioner Burke asked for further details of the agreement. Executive Director suggested including the entire agreement in the August meeting, but make a motion to allow the program manager to bind coverage for July 1.

MOTION TO ALLOW THE PROGRAM MANAGER TO BIND COVERAGE WITH THE CURRENT STOP LOSS CARRIER EFFECTIVE JULY 1, 2016.


PRESCRIPTION CLAIM - There is a large prescription claim that will need to be discussed in executive session. Mr. D’Orazio said after much review, it has been determined that there does not appear to be fraud or abuse, but rather a sick individual. There will not be a need for executive session. TREASURER REPORT: Mr. Troy advised he reviewed the Bill Lists and recommended their approval.

MOTION TO APPROVE RESOLUTION 31-16, MAY BILL LIST AND 32-16 MAY HEALTH BILL LIST


Executive Director advised the Treasurer’s monthly reports were included in the agenda. ATTORNEY: Mr. Baxter reported he prepared and sent out the contracts for the Defense Panel Firms. Mr. Baxter advised once he received the executed contracts back he would forward copies to Ms. Dodd and Chairman Collins.


CLAIMS SERVICE. Ms. Grabowski referred to the WC Claims by Quarter Report which was included in the agenda and reviewed the total amount of claims as of June 1st. Ms. Grabowski reported the number of claims for the County was still trending on the higher side, however the Board of Social Services did not have any worker compensation claims and the Bridge Commission was trending slightly lower compared to last year. Ms. Grabowski also reviewed the Medical Cost Containment Savings report for the second quarter which included the months of April and May. Ms. Grabowski advised the total invoiced was $217,745 and the total net savings were $132,306. The network penetration was 97% which was strong. Ms. Grabowski also referred to two additional reports which were included in the agenda. Ms. Grabowski reviewed the type of accidents for the period of 1/1/16 to 6/1/16 along with accident location. Ms. Grabowski advised that concluded her report unless anyone had any questions. CEL SAFETY DIRECTOR: Mr. Prince advised the CEL Safety Director Report was included in the agenda and included all Risk Control Activities for May – June 2016. Mr. Prince advised there was a Loss Control Survey of the playgrounds maintained by the Burlington County Department of Parks and Recreation on May 9th. Mr. Prince advised Mr. John Smith, Superintendent of Parks, who does a phenomenal job provided him an escorted tour of the playground facilities. There were some minor deficiencies noted and Mr. Smith was already taking care of those items.

OLD BUSINESS: NONE

NEW BUSINESS: NONE PUBLIC COMMENT:

MOTION TO OPEN MEETING TO THE PUBLIC


Seeing no members of the public wishing to speak, Chairman Collins asked for a motion to close the public comment portion of the meeting.

MOTION TO CLOSE MEETING TO THE PUBLIC


CLOSED SESSION: Chairman Collins read Resolution 33-16, Resolution for Closed Session, and requested a Motion for Executive Session (in accordance with the Open Public Meetings Act, N.J.S.A. 10:4-12) to discuss payment authority requests.

MOTION TO APPROVE RESOLUTION 33-16 FOR CLOSED SESSION


Motion: Chairman Collins

Second: Commissioner Burke Vote: 3 Ayes, 0 Nayes

MOTION TO APPROVE THE PARS PRESENTED DURING CLOSED SESSION

Motion: Chairman Collins Second: Commissioner Cullinan

Vote: 3 Ayes, 0 Nayes

MOTION TO ADJOURN: Moved: Chairman Collins Second: Commissioner Cullinan Vote: 3 Ayes, 0 Nayes Chairman Collins advised the next Commission meeting was scheduled for August 4, 2016 at 2:00 PM. MEETING ADJOURNED: 2:38 PM Minutes prepared by: Cathy Dodd, Assisting Secretary and Emily Koval for Health Benefits.

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