Healthcare Principles

G10.02 Healthcare Principles

It is the policy of Missouri State University to adhere to the following guidelines which address the economics of the University’s medical and dental programs:

  1. The cost of medical and dental programs shall not exceed 4.9% of the operating budget;
  2. The operating budget shall provide for a reserve fund that does not fall below 60 days’ payout nor exceed 90 days’ payout;
  3. The total employee benefit plan cost shall be reported to the Board annually; and
  4. The operating budget shall provide funding for a wellness program that will train, educate, and provide incentives for employees to live a healthy lifestyle in an effort to reduce healthcare costs.  (Bd. Min. 11-19-04.)