Past experience should be considered in self-funding health plan
In considering self-funded health insurance for the university campuses, I hope that remembering CU's history will play a role.
At one time, CU health insurance was self-funded. The savings accrued were used for other university expenses, which caused a shortfall when suddenly health care needs were higher than expected. Such practices led to CU abandoning self-funding.
I strongly urge language in any forthcoming policy to keep all health insurance savings in a health insurance account that is safe from raiding for other university needs.
Patti Gassaway
Aerospace Engineering Sciences
University of Colorado at Boulder |