Jill Gale de Villa
Our Group Medical Insurance Plan (GMIP) continues to serve us well, by and large. The premiums, which were increased by 10% last year, remain level this year, and the stop loss ceiling has increased as usual by 5%. Members need to be aware that medical inflation continues to outstrip the general inflation, especially for the upper age groups, and we need to plan our personal finances accordingly.
Dear Retiree GMIP Participant,
On Thursday, 17 February, Hans Springer and Jill de Villa met with representatives of BPMSD and Vanbreda, who presented the results of last year's claims payments and premiums collection. To see the presentation, click on this link. 2010 was not a good year for health matters. Reimbursements tallied at that time had increased for both current and retired staff members—the rise was 47% over 2009, partly due to an unusually high number of “peak files”—individual cases costing P2 million or more.
Jill Gale de Villa
AFE’s Health Insurance Committee currently comprises Jill Gale de Villa (head), Lou de Belen, Ted Breckner, Dang Fook Lee, Evelyn Go, Fred Mesch, Hans-Juergen Springer, and Axel Weber. Our goals are to keep members informed of health events affecting the membership; to liaise with ADB’s compensation and benefits division, which has recently been renamed the Staff Development and Benefits Division (BPDB), on any pertinent matters; and to recommend to AFE–ADB any action needed.
