2005-05-02 - Finance Committee - Minutes Board or Commission: ❑ Finance Committee
Document Type: ❑A e
g nda 0 Minutes
Meeting ate: 05/02/2005
Type of Meeting: ❑ Regular Meeting
The Village of Buffalo Grove Finance Committee met May 2, 2005 to discuss matters related solely to the
proposed changes to the Village's health care program. Those in attendance were:
Elliott Hartstein, Jeff Braiman, DeAnn Glover, Jeff Berman, Steve Trilling, Bruce Kahn, and Brian Rubin.
In addition, Bill Balling, Bill Brimm, Ghida Neukirch, Art Malinowski, Scott Anderson, Bill Raysa and Joe
Tenerelli. Lastly, Peter Wright of Wright Benefit Strategies along with Marty Lyons and Gina Wickus of
Gallagher Benefit Services, Inc.
The intent of this meeting was to continue discussions on the course of the Village's health care program
as initiated on April 18, 2005. Most of the presentation was undertaken by Mr. Lyons and Ms. Wickus to
discuss some of the confusion on the lateness of an alternate health care proposal from the
Intergovernmental Personnel Benefits Cooperative (alternative in that it incorporated various plan design
elements versus an earlier submittal that was similar to the IPBC renewal funding values distributed to
the IPBC Board in March and applicable to the Buffalo Grove account). Mr. Lyons and Ms. Wickus
discussed aspects of their proposal as well as discussed areas of concern and clarification to prior
comments and observations suggested by the Finance Committee on April 18, 2005.
Based on their presentation, the Committee asked staff to continue to review program options that might
include the IPBC. It was noted by staff that a final recommendation must be made by May 16th so that
our intention can be related to the IPBC one way or the other.
The Committee meeting was adjourned and is to reconvene on Monday, May 9, 2005 at 6:00 pm