Oct 6, 2022BoardMeeting
BoardMississippi State Agencies Self-Insured Workers' Compensation Trust Board Meeting
The board meeting covered several key topics, including the nomination of a new board member to replace retiring and expiring-term members. Financial statements for fiscal year 2022 and a financial report through September 2022 were reviewed. A claims and performance review audit of the third-party claims administrator was discussed, highlighting high administrative performance. The board also reviewed the annual actuarial review and determined FY 2023 premium rates, approving a 15% discount. Finally, the meeting addressed the renewal of actuarial consulting services and third-party administrator contracts, and the initiation of a request for proposals for financial audit services.