2018 Medical Benefits Plan Design
A review of the University’s third party administrators for healthcare and prescription drug benefits coverage has begun.
Learn more about how Penn State’s Self-Funded Plan Works.
For more than three years, faculty, staff and administrators with expertise in healthcare, health insurance and human resources have been exploring options for Penn State’s healthcare benefits and cost-sharing model.
Those experts comprise three distinct committees – the President’s Health Care Advisory Committee (HCAC), University Faculty Senate Benefits Committee (FSBC), and the Joint Committee on Insurance and Benefits (JCIB) – and are charged with exploring questions, concerns and opportunities regarding employee benefits, and providing direction and recommendations to senior administration.
Two of the committees – FSBC and JCIB – are composed mainly of faculty, and were formed on the University principle of shared governance, while the HCAC includes both faculty and administration, and was formed on the principle of strategic expertise and implementation of benefits decisions.
Click on the video below to learn more about how shared governance at Penn State was applied to healthcare plan design decisions.
Click on the video below to learn more about the role faculty played in the 2018 medical and prescription drug benefits plan design.
Six Guiding Principles
Among the three committees’ most significant contributions was development of six guiding principles for the design of Penn State’s healthcare plan, which was approved as an advisory and consultative report by the Faculty Senate last year.