university of illinois - UIHistories Project

1957] UNIVERSITY OF ILLINOIS 441
troller recommend the purchase of a building from Harshbarger Building and
Supply Company, Urbana, at a price of $11,408.72.
I concur and recommend that an appropriation of $10,000 be made from the
General Reserve Fund for this purpose.
On motion of Mr. Swain, this purchase was authorized, as recommended,
and an appropriation of $10,000 was made from the General
Reserve Fund for this purpose. This action was taken by the following
vote: Aye, Mr. Bissell, Mr. Herrick, Mrs. Holt, Mr. Hughes, Mr.
Johnston, Mr. Livingston, Mr. Nickell, Mr. Swain, Mrs. Watkins; no,
none; absent, Mr. Stratton, Mr. Williamson.
HOSPITAL-MEDICAL-SURGICAL INSURANCE
FOR STUDENTS AND STAFF
(25) Bids have been received for the student and staff hospital and medical insurance
programs for 1957-58 with the right reserved by the University to renew such
insurance annually thereafter upon mutual agreement between the University and
the insurance company.
The student program at the Urbana Campus provides essentially the same
benefits as have been provided for the past two years with three minor changes as
follows:
1. One day coverage extended to seven days for emergency outpatient treatment.
2. Hospital residence is waived for surgical benefits to apply.
3. Thirty-day waiting period eliminated for coverage of newly born children.
In addition to the changes above, the student program at the Undergraduate
Division at Navy Pier has improved benefits to meet its unique problems as
follows:
1. The $225.00 surgical schedule is increased to $300.00.
2. The per diem room and board allowance is increased from $11.00 to $15.00.
3. Physician's visits for home confinements are revised, to be effective with the
first rather than third visit; and the first $20.00 of drugs and medicines are
covered, rather than having the first $S.oo paid by the insured.
The staff benefits are expanded in the following areas:
1. The $150.00 surgical schedule is increased to $225.00 and the hospital residence
requirement is waived.
2. Hospital charges for dental treatment or dental surgery are covered.
3. Thirty-day waiting period eliminated for coverage of newly born children.
Bids were also received as an alternative on the present benefits under both
plans, but they are not recommended for consideration because increased benefits
outlined above can be obtained at a lower premium cost.
It is recommended that a contract for both the student and staff coverage be
awarded to Bankers Life and Casualty Company, represented by O. J. Wheeler,
Chicago, lowest bidder for both programs at $461,610, as per Board Policy C, 3 on
insurance, and that charges to students and staff for this insurance be the following
premiums, which are identical to those charges currently in effect.
Students Per Semester Per Year
Student only $700 $2100
Student and family $19 00 $57 00
Semi-
Faculty-Staff Monthly Quarterly Annual Annual
Employee only $275 $7 75 ?I5 25 $3025
Employee and one dependent 5 00 14 50 28 75 57 25
Employee and two or more dependents.. 5 75 16 75 33 25 66 25
On the basis of these rates, the plans will operate on a self-sustaining basis.
The excess over the cost of the coverage would be used by the University to defray
the administrative costs of the two programs.
I concur in the recommendation for the award of this contract.
On motion of Mr. Swain, this matter was referred to the Executive
Committee with power to act.