The Benefits Advisory Committee met by conference call with Sharon Wilson and Diana O’Reilly of Comprehensive Benefits Solutions (CBS) to review renewal the Employee Benefit Program with Desjardins Financial for 2009.  After due diligence, CBS recommended we renew at a 6.5% overall renewal increase.  Rates are set by the usage of the program by the plan’s participants.  Over the past year, there were significant increases in the utilization of Extended Health Care and Dental Care benefits.  Those increases, along with our aging demographic, the rapid introduction of new and expensive drug therapies, and government cost-shifting, are taken into consideration when Desjardins completed their financial analysis, resulting in a 6.5% overall increase.  Worksheets to calculate new premiums were sent to all participating CFDCs.  Anyone who wants detailed information about the renewal can contact Sharon Wilson at 1-800-503-2273 x 2074 or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it..

If you have any questions about items you have read in this update or any other OACFDC activities, please feel free to call our office at 888-633-2326