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  1. Calendar Overlay Public Hearings and Meetings (1)

Public Hearings and Meetings

  1. Public Hearing Regarding CareFirst Financial Settlement Refund

    November 30, 2021, 10:30 AM
    @
    County Commissioners Hearing Room

    On October 11, 2021, staff received the 7/1/2020-6/30/2021 CareFirst Financial Settlement. CareFirst calculates a settlement at the end of each fiscal year. The annual settlement is the difference of monthly payments made to CareFirst adjusted to reflect actual claims and other adjustments to include third party subrogation and prescription rebates. Bolton Partners has reviewed and verified the settlement calculation. Given the 20/80 premium cost split between the county and the participants, 20% of the refunded amount is due back to the Employees and Retirees while 80% is the County’s portion of the refund.

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