DRAFT FRIC Meeting Minutes

September 5, 2025

Zoom Meeting

1130 AM to 100 PM

Members present: Julie Urmie*, John Laverty*, Josey Bathke, Mary Charlton, George Hospodarsky, Daniel Katz, Cormac O’Sullivan, Anand Vijh, Matthew Watson⁺, Chuck Wieland^, Richard Peter, Michael Weaver, Anya Prince, Angela Spears

*Co-chairs; ⁺Minutes

Members absent: none

Administrative Liaisons present: Joni Troester, Rebecca Olson

Visitors present: Cheri Smith, Julie Sexton, Kara Wright, Jessica Wade, Cheryl Reardon, Justin Fraase, Erin Litton, Audrey Haddy, Neda Barrett, James Jorris, Melissa Twait

1. Introductions and Roll Call– Urmie and Laverty
   • Roll call taken and quorum established
2. Approval of August meeting minutes – Urmie and Laverty
   • Chuck Weiland motioned to approve the minutes
   • George Hospodarsky seconded
   • Committee unanimously approved
3. Health Alliance Retiree Health Coverage – Olson
   • Olson provided an update on the upcoming retiree open enrollment plans for the Health Alliance retirees who lose health coverage at the end of the year
   • Guaranteed Issue Rights for retirees which means insurance company must sell them a policy and cover any pre-existing conditions without charging higher premium
   • Open enrollment runs Oct 15 – Dec 7 (the CMS Medicare open enrollment)
   • University Benefits partnering with local Senior Health Insurance Information (SHIIP) office to provide customized open enrollment educational sessions (in-person, ZOOM, and taped webcast) for this group
   • No vote needed
4. Voluntary Benefits Implementation - Olson
   • Olson provided update on two new voluntary benefits
   • Employees will be offered opportunity to select
     1. MetLife short term disability
     2. Nationwide pet insurance (also offers a separate discount program option)
   • Implementation discussions with vendor have just started
   • Target Q1 2026 roll-out
   • More specific information will be share in October meeting
   • No vote needed
5. Retirement Plan Modernization – Troester
   • Troester provided update on project activity over the last month
     1. Email and USPS distribution of transition guide and investment guide materials on August 4^th
     2. Webinars week of August 11^th (approximately 510 participants)
     3. On campus seminars week of August 18^th (approximately 120 participants)
     4. One-on-one financial consultant sessions August 8^th through end of September; high demand for TIAA’s Coralville office
   • Sept 5^th plan changes were implemented
   • Overall campus response
     1. Positive feedback on education and counseling sessions
     2. Participant engagement good for those who attended webinar and seminars
     3. Strong positive feedback on employee value of our retirement benefits
   • No vote needed
6. GLP1 coverage for Sleep Apnea - Troester
   • Troester reviewed current UI Health Plan use of GLP1s
     1. Diabetes
     2. Cardiovascular disease (Wegovy) as of August 2024 if plan member meets specific Wellmark drug policy criteria
     3. Weight loss – special 2-year pilot program currently in process
   • FDA approved use of GLP1 (Zepbound) for sleep apnea early in the year
     1. Wellmark insured plans decided not to cover
     2. UI Health plans will not cover for CY2026
   • No vote needed
7. ACO Shared Savings – 2024 Results - Troester
   • Troester presented 2024 ACO Shared Savings results for UI Health Plans
   • Savings help reduce overall plan costs  
   • 30% shared savings to UIHC (approximately $523k)
   • No vote needed
8. Access Metrics - Troester
   • Troester presented Access Metrics through July 2025
   • Negative trends continue to persist
   • No vote needed
9. Motion to adjourn:
   • Chuck Weiland motioned to adjourn
   • Seconded by Mary Charlton
   • Committee unanimously approved adjournment

Next Meeting

October 3rd from 11:30 a.m. – 1:00 p.m. via Zoom

• Presentation by Jennifer Miller – MCD Update

DRAFT FRIC MEETING Minutes

August 6, 2025

Zoom Meeting

1200 PM

Members present: Julie Urmie*, John Laverty*, Josey Bathke, Mary Charlton, George Hospodarsky, Daniel Katz, Cormac O’Sullivan, Angela Speers, Anand Vijh, Matthew Watson, Chuck Wieland⁺

*Co-chairs; ⁺Minutes

Members absent: Richard Peter, Michael Weaver, Anya Prince

Administrative Liaisons present: Joni Troester, Rebecca Olson

Visitors present: Dana Stafford, Cheryl Reardon, Cheri Smith, Erin Litton, Audrey Haddy

1. Introductions and Roll Call – Urmie and Laverty
   • Roll call taken and quorum established
2. Approval of May meeting minutes – Urmie and Laverty

• Chuck Wieland motioned to approve the May 2025 minutes
• Matthew Watson seconded
• May 2025 minutes as amended were unanimously approved

3. CY2026 Retiree Health Rates – Information Only
   • Proposed rates presented to FRIC Committee
   • Members asked questions to Troester and Olson on information of proposals presented
   • No vote needed
4. CY2026 Dental Rates – Discussion
   • Troester presented dental plan rate proposal to committee
   • Members asked questions to Troester and Olson on information of proposal presented

• Chuck Wieland made motion to approve CY 2026 proposed dental rates
  • Seconded by Julie Urmie
  • Committee unanimously approved proposed dental rates for CY 2026

5. CY2026 Health Rates – Discussion
   • Troester presented health plan rate proposals to committee
   • Members asked questions to Troester and Olson on information of proposals presented
   • Chuck Wieland made motion to approve CY 2026 proposed health rates
   • Seconded by George Hospodarsky
   • Committee unanimously approved proposed health rates for CY 2026
6. Tentative Timeline for Rate Approvals – Troester
   • Troester presented a timeline for Board of Regents approval of CY benefit rates
7. Motion to adjourn:

• Chuck Wieland motioned adjourn
• Seconded by Julie Urmie
• Committee unanimously approved adjournment

Next Meeting

September 5^th from 11:30 a.m. – 1:00 p.m. via Zoom