Board Agenda & Materials

February 28, 2025

The San Joaquin Valley Insurance Authority (SJVIA) Board will meet on Friday, February 28, 2025 at 9:00am. The meeting will take place at the County of Fresno Board of Supervisors Chambers, 2281 Tulare St. #301, Fresno, CA 93721.  Links below include the agenda and items being considered at the meeting.

Agenda

Listen to the meeting live at 9:00 am on Friday, February 28, 2025.

Listen to a recording of the meeting.

• Item 5 - Approval of Consent Agenda - Item Numbers 24-26

• Item 6 - Public Comment

• Item 7 - Appoint SJVIA Manager and Assistant Manager to Serve a Two-Year Term, Through the First Meeting of the SJVIA Board in 2027 (A)

• Item 8 - Receive Update from Auditor-Treasurer on Cash Flow Projections (I)

  • Item 8 Attachment - SJVIA Cash Flow Projections

• Item 9A - Receive Auditor-Treasurer Report Regarding Budgeted Expenses vs. Actual Expenses (I)

• Item 9A Attachment - Budgeted vs. Actual Expenses

• Item 9B - Request Increase in Appropriations for Fiscal Year 2025 (A)

  • Item 9B Attachment - Appropriation Increase Request

• Item 10 - Receive 2024 Audited Financial Statements (I)

  • Item 10 Attachment - 2024 Audited Financial Statement

• Item 11 - Receive Preliminary Budget for Fiscal Year 2025-2026 (I)

  • Item 11 Attachment - Preliminary Budget 2025-2026

• Item 12 - Receive Consultant’s Medical, Dental, and Vision Experiance Reports through December 2024 with Update on Projected Plan Experiance Surplus Accumulation and Projections (I)

  • Item 12 Attachment 1 - Consultants Report Plan Experiance 12.2024

  • Item 12 Attachment 2 - SJVIA Medical Experiance through 12.2024

  • Item 12 Attachment 3 - SJVIA Dental Experiance through 12.2024

  • Item 12 Attachment 4 - SJVIA Vision Experiance through 12.2024

• Item 13 - Receive and Accept Consultant's SJVIA Actuarially Certified Incurred But Not Reported (IBNR) Reserve Report as of December 31, 2024 and Maintain the Fully-Funded Status of the IBNR Reserve (A)

  • Item 13 Attachment 1 - Consultants Report IBNR Summary as of 12.31.2024

  • Item 13 Attachment 2 - SJVIA - COF IBNR as of 12.31.2024

  • Item 13 Attachment 3 - SJVIA - COT IBNR as of 12.31.2024

• Item 14 - Receive Keenan Pharmacy Services' Consultant's Report on EmpiRx Pharmacy Utilization (I)

  • Item 14 Attachment - EmpiRx Utilization KP Report

• Item 15 - Receive Keenan Pharmacy Services' Consultant's Report on Analysis of Medical Spend Compared to Pharmacy Spend for Specific Medical Conditions (I)

  • Item 15 Attachment - KPS Report Rx-Med Spend Analysis

• Item 16 - Receive Recommendation from the County of Tulare to Apply Additional Funds from the County of Tulare American Rescue Plan Act (ARPA) Funds as Outlined in the Proposed First Amendment to the Agreement Between the County of Tulare and the SJVIA and Retroactively Authorize and Ratify the Execution of the First Amendment to the Agreement by the Board President (A)

  • Item 16 Attachment - COT-ARPA

• Item 17 - Gallagher's Acquisistion of Assured Partners (Keenan & Associates (A)

• Item 18 - Provide Direction to Staff Regarding One-Year Agreement with Keenan or to Issue a Request for Proposal for Benefits Consulting (A)

• Item 19 - Approve and Authorize President to Execute Agreement, Retroactive to January 1, 2025, with Keenan & Associates to Receive Benefits and Pharmacy Consulting Services for a One-Year Term  with the Option to Extend Term for One Additioanl Year By Amendment (A)

  • Item 19 Attachment - Agreement with Keenan

• Item 20 - Receive Consultant's Update on Plan Year 2026 Marketing Timeline (I)

• Item 21 - Receive Request for a SJVIA Strategic Planning Meeting (I)

  • Item 21 Attachment - SJVIA 2025 Strategic Planning Agenda

• Item 22 -  SJVIA Director Questions, Announcements, and Activity Reports (Gov. Code, 54954.2, subd. (a)(2)) (I)

• Item 23 - Adjourn