Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 734]

EXTRACTED TEXT FROM PAGE:

1963]

UNIVERSITY OF ILLINOIS

689

of the first floor of the original building -would be a suitable location for a paperback book center. It is believed that the area will lend itself to the establishment of an attractive integrated reading center in an educational and cultural atmosphere which can provide the required paperback facilities and concurrently provide a needed expansion of the Browsing Room. The center can be established with minimum alterations. The total capital cost including display equipment, furniture, and building alterations, is estimated at $42,000. It is therefore recommended that a paperback book center be established in the Illini Union, to be operated as a department of the Mini Union, with the University Library advising in the selection of appropriate book titles to be stocked and the capital cost to be financed through the Illini Union reserve funds.

On motion of Mr. Swain, this recommendation was approved.

HOSPITAL-MEDICAL-SURGICAL INSURANCE POLICIES FOR STUDENTS AND STAFF (21) Bids have been received on the hospital-medical-surgical insurance programs for staff and students for the period beginning September 1, 1963, with the right reserved to renew such insurance annually thereafter upon mutual agreement between the insurance carrier and the University. The Vice-President and Comptroller recommends award of a contract to the Federal Life Insurance Company, the lowest bidder, at the rates indicated below. Staff Insurance The premiums for participants in the staff programs will be the same for each campus: „ Annual Premium Annual Premium to be Paid to be Paid to Company by Insured Employee $ 42 12 $ 44 00 Employee and Dependents 112 80 116 00 Student Insurance The accidental death and dismemberment benefits under the current program are limited to required field trips off campus. An option was included in the bid for providing this coverage to the students on a twenty-four-hour basis for the entire semester regardless of the student's activity for an additional premium of sixty cents per student per semester, or forty-five cents per quarter. The current program now provides a hospital room and board allowance of $14.00 per day at all hospitals, with the exception of McKinley Hospital, where the allowance is $11.00 per day. T h e additional premium for increasing the daily benefit at McKinley Hospital to $14.00 per day is thirty-seven cents per student per semester. Alternate I in the bid provides a $300.00 maximum Surgical Schedule in lieu of the current $225.00 at Urbana, and a flat deductible of $150.00 between the base plan benefits and the major medical benefit in lieu of a 50 per cent deductible with a maximum deductible of $372.50. Alternate II provided a $200.00 deductible between the base plan and the major medical plan, and is less advantageous than Alternate I. Fees to be paid by students at the three campuses are as follows: Chicago Medical Urbana Undergraduate Center Semester Semester Quarter Student $10 00 $ 9 00 $6 00 Spouse 12 50 12 00 9 00 Child 9 00 8 00 6 00 The Vice-President and Comptroller recommends that the program for the Urbana students provide the benefits under Alternate I, including the $14.00 per day hospital room and board allowance at McKinley Hospital, and that accidental death and dismemberment coverage on a twenty-four-hour basis be provided on all campuses. The Vice-Presidents for the Medical Center and the Chicago Undergraduate Division concur.