ITEM 108-1003-R0700
July 6-7, 2000
ITEM 108-1003-R0700 Increase Student Supplemental Medical Insurance Fee; The University of Montana
THAT: The Board of Regents of the Montana University System authorizes The University of Montana-Missoula, Western Montana College of The University of Montana, and Montana Tech of The University of Montana to assess a per semester insurance fee as represented on the attached matrix for the Student Medical Insurance program.
NOTE: All campuses listed participate in a joint insurance program that provides the same levels of medical insurance coverage to participating students. The insurance premium increase reflects a competitive bid process conducted by the campuses. In addition, The University of Montana-Missoula assesses an administrative fee to provide direct, campus-based service to students enrolled in the Student Medical Insurance program. The campus provides a student insurance representative and also contracts with an insurance consultant to provide insurance program review services.
|
CAMPUS
|
FY 2000 INSURANCE RATE |
FY 2000 ADMIN FEE
|
FY 2000 BILLED RATE
|
PROPOSED FY 2001 INSURANCE RATE
|
PROPOSED FY 2001 ADMIN FEE
|
PROPOSED FY 2001 BILLED RATE
|
% INCREASE IN BILLED RATE
|
|
UM-MISSOULA |
$370.00
|
$4.00
|
$374.00
|
$397.00
|
$5.00
|
$402.00
|
7.5%
|
|
MONTANA TECH |
$406.00 |
$0.00 |
$406.00 |
$433.00 |
$0.00 |
$433.00 |
6.7% |
|
WMC-UM |
$412.00 |
$0.00 |
$412.00 |
$439.00 |
$0.00 |
$439.00 |
6.6% |