November 2, 2004

• Jim Brinkman presented the monthly financial and collections committee reports. After review and discussion the reports were approved.
  
  
• Cindy Rush, Human Resources Director presented a report on the employee health insurance and retirement plan. If the current plan were left unchanged the Blue Cross / Blue Shield plan would go up 14%. BC/BS was asked to present other options. The options were reviewed by the administration, the hospital's employee council and then brought to the Board. Two options were recommended. One is similar to the current plan with a $1000 deductible. The main change is removal of an office visit rider. The second option is an HSA (Health Spending Account) qualified plan with a $1500 deductible, with $100% coverage after the deductible is met and drug benefits as part of the plan rather than as a separate drug card. The Board decided to offer the employees a personal option of either plan. The overall costs are expected to rise only a small amount depending on how many employees chose each plan. After review and discussion the plans changes were approved.
  
  
• Cindy Rush presented the results of a review of retirement plan options. After discussion the Board decided to continue the current retirement plan with AUL but change the Agent of Record to Braden Financial Services. It is hoped that better and more personal service can be gained through using local agents.
  
  
• Ron Bender presented two recommendations from the Medical Staff for credentials to practice at Clay County Medical Center. One was for Dr. Rebecca Johnson, Podiatrist and the other was for Melissa Winter, P.A. After review and discussion both applications were approved.
  
  
• The Board also discussed various planning issues including future construction and medical staff issues. No action was taken.
  
  
• The next Board meeting is set for November 16th at 8:00pm in the Clay County Medical Center dinning room.