BOMB sets 2008 insurance rates

9/18/2007

The Board of Medical Benefits set health insurance rates for 2008 at its meeting Sept. 13. The 2007 Annual Conference approved the maximum rates. 

Rates for retirees, spouses and individuals on Medicare will not increase because the Medicare Part D subsidy was received in July. Rates for the active participants in both of the plans ($600 deductible and high deductible) will increase as projected at conference. Following are the rates for 2008:

$600 Deductible Plan

• Participant premium, $112

• Spouse premium, $529

• Dependent premium, $458

• Full family premium, $700

• Salary paying unit premium, $617

High Deductible Plan

• Participant premium, $94

• Spouse premium, $450

• Dependent premium, $390

• Full family premium, $595

• Salary paying unit premium, $617

• Participant on Medicare A & B, $345

• Spouse on Medicare A & B, $236

Plan participants wanting to switch plan types may contacting Jackie McGough at the conference office at jackie@mississippi-umc.org, 601-354-0515, ext. 22 or toll-free 866-647-7486.

Medical claims online

Many have requested to review the processing of claims online.  To do so, go to the American Administrative Group Web site, www.aagco.com. Log in on the right side of the screen using our plan number, 3005000. You will be required to complete the personal login and password information the first time. If you have questions, contact McGough.

Amazing Pace

The Board of Medical Benefits also received a report from Alison Earles and Lee Burdine about the Amazing Pace wellness program start-up. 

Amazing Pace is a great wellness program that anyone can use. Anyone on the conference insurance plan can participate at no cost. Anybody not on conference health insurance, lay or clergy, may participate at a nominal cost. 

Disease management is a service available only to participants in the conference health plan, whether you are in Amazing Pace or not. The latest disease management reports show that participating in a wellness program like Amazing Pace can help individuals become healthier and generate major savings to our plan, in many cases. Those savings, in turn, can result in lower premiums and reduced apportionments. The board highly encourages participation in both the wellness program and disease management.

Clergy compensation

A number of part-time clergy who are entitled to use the clergy tax laws are not doing so. I am leading two workshops for part-time clergy and their church treasurers. Pastor-Parish Relations Committee members are also welcome. 

The workshops will explore ways to properly handle salary and other compensation items. We will spend time on the tax reporting aspects. All part-time clergy should be able to maximize tax savings after attending this workshop. The workshops will be: 

• Oct. 16 — 7 p.m., Heritage UMC, Hattiesburg

• Nov. 3 — 1:30 p.m.,  Wood Institute, Mathiston

Compensation for full-time clergy is often misunderstood. I will be offering a refresher workshop for treasurers, PPR members and full-time clergy. This meeting will be for those who want to better understand the tax aspects of IRS reporting and the proper ways to handle the clergy compensation budget worksheet. The workshop will be at 10 a.m. Nov. 17 in the Jackson area.