[Vpaaetal] Insurance Merger with ERIS

[vpaaetal@TAMU-Commerce.edu]

Exhibit 2																										

Employees Retirement System																										
																										
TAMUS Actuarial Study																										
																										
Comparison of  Actual and Hypothetical Contribution Amounts for TAMUS A&M
Care Enrollment1 																										
																										
				Projected Actual TAMUS FY05 Contributions												Projected
Hypothetical TAMUS FY05 Contributions Based on GBP Rates										
		Number		TAMUS Contribution				Member Contribution				Total Contribution
	TAMUS Contribution				Member Contribution				Total Contribution		
Coverage Category		Enrolled		Rate		Amount		Rate		Amount		Rate		Amount		Rate
	Amount		Rate		Amount		Rate		Amount

A&M Care 350 Enrollment																										

EO		7,844		$288.35		$2,261,817		$33.75		$264,735		$322.10		$2,526,552
$313.33		$2,457,761		$0.00		$0		$313.33		$2,457,761
																										
ES		2,782		420.08		1,168,663		165.48		460,365		585.56		1,629,028		493.50
1,372,917		180.16		501,205		673.66		1,874,122
																										
EC		1,360		370.69		504,138		116.08		157,869		486.77		662,007		433.96
590,186		120.63		164,057		554.59		754,243
																										
EF		1,895		485.95		920,875		231.31		438,332		717.26		1,359,207		614.13
$1,163,776		300.79		569,997		914.92		1,733,773
																										
Option Total		13,881				$4,855,493				$1,321,301				$6,176,794
$5,584,640				$1,235,259				$6,819,899

A&M Care 1250 Enrollment																										

EO		1,123		$288.35		$323,817		$0.00		$0		$288.35		$323,817		$313.33
$351,870		$0.00		$0		$313.33		$351,870
																										
ES		678		420.08		284,814		50.24		34,063		470.32		318,877		493.50		334,593
180.16		122,148		673.66		456,741
																										
EC		489		370.69		181,267		25.59		12,514		396.28		193,781		433.96		212,206
120.63		58,988		554.59		271,194
																										
EF		1,022		485.95		496,641		83.08		84,908		569.03		581,549		614.13
$627,641		300.79		307,407		914.92		935,048
																										
Option Total		3,312				$1,286,539				$131,485				$1,418,024				$1,526,310
	$488,543				$2,014,853

A&M Care 65+ Enrollment																										
																										
EO		466		$288.35		$134,371		$0.00		$0		$288.35		$134,371		$313.33		$146,012
	$0.00		$0		$313.33		$146,012
																										
ES		387		420.08		162,571		50.87		19,687		470.95		182,258		493.50		190,985
180.16		69,722		673.66		260,707
																										
EC		0		370.69		0.00		0.00		0		370.69		0.00		433.96		0.00		120.63		0.00
554.59		0.00
																										
EF		0		485.95		0.00		0.00		0		485.95		0.00		614.13		0.00		300.79		0.00
914.92		0.00
																										
Option Total		853				$296,942				$19,687				$316,629				$336,997				$69,722
			$406,719
																										
A&M Care Monthly Total		18,046				$6,438,974				$1,472,473				$7,911,447
$7,447,947				$1,793,524				$9,241,471			

A&M Care Annual Total						$77,267,688				$17,669,676				$94,937,364
$89,375,364				$21,522,288				$110,897,652			

Annual Increase																		$12,107,676				$3,852,612				$15,960,288			
																													
Percentage Increase																		15.7%				21.8%				16.8%			


1Assuming enrollment in HealthSelect																													


Scott Downing, Interlibrary Loan/Distance Education Librarian
Texas A&M University-Commerce
ph  903 886-5741
fax 903 886-5723
scott_downing at tamu-commerce.edu