The following anonymous memo was provided by Memorial Hospital - West Volusia, Inc. No member of the ``compensation and benefits success 2000 team'' is identified. Normally anonymous material should be considered trash-can bait, but Dick Lind appears to have found this one important enough to implement.

MEMORANDUM:
TO: Systems Management Council
FROM: Compensation and Benefits Success 2000 Team
SUBJECT: EMPLOYEE IMPACT OF SUCCESS 2000 IMPLEMENTATION
DATE: September 22, 1999

The following recommendations were approved for system wide implementation as noted below: Please begin communicating this information to your department members beginning Thursday, September 23, 1999.

EFFECTIVE OCTOBER 1, 1999 PROJECTED ANNUALIZED
GREEN DOLLAR IMPACT
Free employee and Auxilian coffee/tea eliminated,
may be purchased at $.25 per cup.
$ 116,524
Increase cafeteria food charges to employees by 5%
(reduce employee discount from 40% to 35%)
$ 50,974
Eliminate Employee Birthday Meal Tickets.
(Auxiliary birthday meal tickets capped at $3.50)
$ 26,900
Eliminate Employee/Family Inpatient Flowers. $ 6,000
Cancellation of 1999 Employee Christmas Party $ 36,166
Cancellation of 1999 Employee Holiday Gift Certificates. $ 35,250
FY 1999/2000 Merit Program Cancelled $ 2,100,000
EFFECTIVE JANUARY 1, 2000
Tuition Reimbursement Program revised to prorated reimbursement based on grade achieved (100%-A, 80%-B, 70%-C) and capped at 12 credit hours per calendar year. $ 5,625
Employer Pension match eliminated. $ 210,000
Pension contribution reduced from 5% to 4% $ 390,000
Prescription Plan: Co-Pays increased by 50% in each category: ``Generic'' increase from $5.00 to $7.50; ``Brand/No Generic'' increase from $10.00 to $15.00; and ``Brand with Generic'' increase from $15 plus cost diff to $22.50 plus cost diff. $ 88,873
Eliminate employer paid Short and Long Term Disability Programs. Currently researching conversion options for employee purchase. $ 134,555
Changes in Director/Executive Management and HCP Physician Benefits Structure: $ 91,995
TOTAL PROJECTED GREEN DOLLARS $ 3,292,862

Several changes are being considered to the POS Health Plan, which should have minimal negative impact on employees. Revised Summary Plan Description, with clarification of guidelines for accessing the plan will be distributed and communicated during the annual benefits enrollment planned for November.

There are no increases in premiums planned for the health and dental coverage.
FULL TIME EMPLOYEE PREMIUMS:
PER PAY PERIOD
MEDICAL DENTAL (Traditional) IDP
Single $ 2.00 no charge no charge
Single + 1 $50.00 $6.05 $3.10
Family $60.00 $8.21 $4.79
PART TIME EMPLOYEE PREMIUMS:
PER PAY PERIOD
MEDICAL DENTAL (Traditional) IDP
Single $31.00 $6.04 $2.69
Single + 1 $65.00 $10.08 $5.16
Family $90.00 $13.67 $7.99

There are no changes planned in PTO accrual or caps.

The VALIC portfolio has been expanded to provide additional investment options, which will also be introduced during the annual benefits enrollment.


notes, not included in original memo

The formatting of the document may differ slightly from the original paper memo, due to variations in browser settings. The original text is unchanged.

Mr. Compensation and Benefits Success 2000 Team (really an anonymous committee) is credited with this memo. We don't think it was intended to get out without appropriate ``spin'' being applied.

$116524 for coffee: The projected savings works out to $318.37 per day. How much did you pay for a can of coffee at the supermarket recently? $318 is a lot of coffee ­ do you see the grocery truck unloading pallets of coffee every week? Could Mr. Team be mistaken in his savings estimate?

5% increase: It's actually an increase of 8.33% - from 60% to 65% of retail. What cost $6.00 before now costs $6.50 ­ we can do the math, Mr. Team.

We're hoping that you'll think that this is a 1% reduction, not a 20% reduction. Of course we're paying $80 instead of $100, but maybe you won't notice.

This is a paid political advertisement provided by Tanner Andrews, P.O. Box 1208, DeLand 32721, independent of any campaign or committee. No candidate has approved this material.