A note from Gale L. Case–Chairman of the Board of Directors

As we enter the second decade of the 21st Century, much is happening in the medical care realm. The House and Senate have each passed different versions of health care reform and the final outcome awaits conference committee negotiations and final action by Congress early in 2010. It seems likely that something will be adopted, but what it will be is pretty much anyone’s guess.

Meanwhile, the CalCPA Group Insurance Trust has just completed 50 years in the medical insurance business and continues to serve the needs of California CPA firms, their employees and dependents. The Trust is proud to have helped its customers control their medical care costs by keeping premium increases to roughly 7 percent per year for the past 6 years, at a time when average premium increases in the California small-group market have ranged from 9 to 14 percent.  The Trust is also proud to be the only entity of its type in the U.S. to achieve and maintain an A.M. Best rating (B++).

Because the ProtectPlus program is “for CPAs, by CPAs” we listen to members’ suggestions and beginning in 2010, several of our Preferred Provider (PPO) plans offer, as a standard provision, the first 6 office visits of the year free from copay.  This has been a popular feature and another way in which the Trust helps you save money on your healthcare.

Another 2010 money saver comes from a reduction in pharmacy copays from $15 to $10 for generic drugs. The use of generic drugs rather than much more expensive brand drugs is a major way to control growth in health care costs.

The Trust continues to see CPA firms moving to the use of high-deductible HSA-eligible plans as a way to control the cost of providing health care coverage for their employees.  As a result, the Trust increased the number of HSA-eligible plans and now offers three high deductible healthcare plans – with deductibles of $1,500, $2,500 and $2,850 – to provide a range of choices to employers.

We hope that 2010 is a year of prosperity and good health for all CalCPA members and their families and we thank you for your continued support.

Best wishes for a joyous and healthy New Year,
Gale L. Case
Chairman of the Board of Trustees

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