Caption: Board of Trustees Minutes - 1976
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646 BOARD OF T R U S T E E S [June 16 Student Health Insurance, All Campuses, 1976-77 (14) Bids have been received on the Student Health Insurance Program for all campuses for the 1976-77 academic year. Benefits to be provided under the proposed UrbanaChampaign Campus Maximum lifetime $50,000 benefit Hospital room and $50 deductible each board and extra confinement, policy expense pays 100% of next $500 of hospital expense, and then 8 0 % of excess expense $15 first day, $10' Medical visits — in hospital per day thereafter 1969 California Surgical schedule Relative Value Schedule with a per unit value of $25 Ambulance benefit $35 per disability Supplemental acci$300 per accident dent benefit $1,000 principal sum Accidental death and dismemberment 100% of the first Maternity benefit $400, and then 8 0 % of the expense after the Maternity Deductible of $600 Prescription drugs None* X-ray and laboratory expense None contract are as follows: Medical Chicago Center Circle Campus Campus Same Same 100% of the first $500 of hospital expense, and then 8 0 % of excess expense Same 1 $30 per unit 1 Same Same 1 $30 per unit 1 Same Same 1 Same Same Same Same 1 Same Same None 1 None 3 100%, $20 maximum 100%, $30 maximum T h e following premium schedule will be required to provide the benefits under the contract: Current Program, 1975-76 Urbana Medical Center Chicago Circle per semester per quarter per quarter $15.00 ($14.85) $11.00 ($ 9.78) $10.00 ($ 9.78) Student 39.75 ( 39.50) 29.00 ( 28.08) 29.00 ( 28.08) Spouse 18.00 ( 17.60) 23.75 ( 23.67) 18.00 ( 17.60) Child Proposed Program, 1976-77 Urbana per semester $15.00 ($13.92) 40.00 ( 37.03) 25.00 ( 22.18) Medical Center per quarter $16.00 ($14.17) 42.00 ( 39.59) 26.00 ( 24.79) Chicago Circle per quarter $17.00 ($15.12) 45.00 ( 43.37) 29.00 ( 27.16) Student Spouse Child 1 2 Increase in benefit. Benefit deleted because of increased cost of the benefit and administrative expense.
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