University Benefits Committee: Overview of our work this fall

Due to the timing of the academic year, the University Benefits Committee (UBC) does not meet in the summer. Instead, the UBC performs the bulk of its annual work in the fall. This year was no different. However, we did welcome several new UBC members. Presently, the UBC consists of:

Mike Daly, who serves as the UBC Chair, along with (in alphabetical order): Maureen De Armond, Linda Feiden, Jennifer Harvey, Marlene Heuertz, Nate Holdren, Elissa Johnson, Lee Jolliffe, Karl Kaiser, Jeremy Kidd, Venessa Macro, Andy Verlengia, Adam Voigts, and Andrew Welch.

UBC is an advising (not decision-making) committee on matters relating to employee health benefits. Drake’s guiding principles regarding benefits is to provide quality benefits that are responsive to the needs of employees and their families. We strive to offer benefits that are competitive with peers and other Iowa employers. Consistent with our fiduciary duties, we also strive to provide straightforward and efficient benefits, while maximizing our limited resources.

Drake University is advised by wonderful outside consultants who have worked with Drake for years and know our institution (and the market) quite well. Last year, Mark J. Becker & Associates joined Gallagher Benefit Services, Inc. Drake continues to be advised by Mark Becker, Nick Brown, and now also Madison Pavlich.

Based on feedback from campus, we explored, among other topics, the addition of a new stand-alone optional vision plan and enhancements to dental coverage. The UBC also assessed responses to a Request for Proposals (RFP) regarding Drake’s Pharmacy Benefit Management (PBM).

You can review UBC meeting minutes on the Benefits page.

— Marlene Heuertz and Maureen De Armond, Human Resources