ITEM 108-2006-R0700
July 6-7, 2000
ITEM 108-2006-R0700������ Increase Student Supplemental Medical Insurance Fee; Montana State University-Bozeman and Montana State University-Northern
THAT:����������������������������������� The Board of Regents of the Montana University System authorizes Montana State University-Bozeman and Montana State University-Northern to assess a per semester insurance fee as represented on the attached matrix for the Student Medical Insurance program.
EXPLANATION:����������������� This fee is only assessed to students who lack other health insurance coverage.� All campuses listed participate in a joint insurance program (along with three UM campuses) which provides the same levels of medical insurance coverage to participating students.� During the spring of 2000, an RFP was issued for the student insurance program.� Rates for the selected vendor will increase approximately 7% over the previous year. In addition, Montana State University-Bozeman adds a fee to fund a campus-based insurance representative and a fee to fund services provided by the MSU-Bozeman Student Health Service such as pharmacy, lab and x-ray. This latter segment was reduced by $6 for FY 2001 due to very favorable experience during 1999/2000.
|
Campus |
|
FY 2000 Insur. Rate |
|
FY 2000 Admin. Fee |
|
FY 2000 SHS Charges
|
|
FY 2000 Billed Rate |
|
Prop. FY 2001 Insur. Rate |
|
Prop. FY 2001 Admin. Fee |
|
Prop. FY 2001 SHS Charges |
|
Prop. FY 2001 Billed Rate |
|
Percent Inc. in Billed Rate |
|
MSU-Bozeman |
|
$393.00 |
|
$4.00 |
|
$27.00 |
|
$424.00 |
|
$420.00 |
|
$5.00 |
|
$21.00 |
|
$446.00 |
|
5.2% |
|
MSU-Northern |
|
$412.00 |
|
$0.00 |
|
$0.00 |
|
$412.00 |
|
$439.00 |
|
$0.00 |
|
$0.00 |
|
$439.00 |
|
6.6% |
