Shirlee Zerkel and Sandy Knoesel re: LifeMasters

From Sandy Knoesel, May 5, 2009
Subj: RE: Question about LifeMasters

You asked what the cost was per year. The cost is $3.25 million. For every dollar spent on LifeMasters, they guarantee a $1.80 in return. The savings is based on the previous claims projected forward and then compared to the actual claims incurred. The program started in July 2002. All expenses for health care come out of the HCSF, including LifeMasters.

From Shirlee Zerkel, May 5, 2009
Subject: Re: Question about LifeMasters

You say that the total expenditures for LifeMasters is 3.25 million. Is that per year or the total since you have used that service? How many years has STRS used LifeMasters? How do you figure the savings and what is the savings per year and then the total savings so far. Does the cost of LifeMasters come out of the HSF?

Shirlee