Whether accepting bids for sanitation services or the Retiree Drug Subsidy program, state and local governments have a duty to seek out the best of the best for the people they serve. PDA has worked with all types of governmental organizations, from State Employee Retirement Systems to Road Commissions and Utility Boards because they know that our services represent the greatest value for their citizens and retirees, whether their membership numbers in the hundreds or hundreds of thousands. PDA is very familiar with the requirements of the bidding process and is here to support our clients and prospects through any acquisition procedures by any means necessary. We are committed to helping these groups bring money to local forms of government so they can continue their commitment to offering the benefits their employees and retirees depend on and earned.

pdf-icons
Public Retirement System uses Innovative Approach to Contain Costs

How Two Municipal Groups are Dealing with the Rising Cost of Retiree Healthcare

Both the Employees Retirement System of Texas and the State Wide Schools Cooperative Health Plan in New York State provide prescription drug coverage to their retirees and are saving money by utilizing the financial benefits Retiree Drug Subsidy (RDS) program.

pdf-icons
Municipalities and Part D Advisors

How school districts, public universities and State and Local governments are getting as much as 25% more subsidy dollars with Part D Advisors

Read more about PDA’s unmatched experience helping municipalities of all kinds collect and protect additional subsidy dollars.

States and Municipalities Client Case Studies

+$8.9M

Southern State Retiree System

Reopening Appeals 2006-2011
Net gain: $8.9 million

This large southern state retiree system provides retirement and other benefit programs for state employees, retirees and their dependents. They hired PDA to reopen six applications from 2006-2011 and has recently asked us to reopen an additional year as well as handle an open application going forward.

Plan Year Ending

RMEIs

Original Subsidy

PDA Appeal

Subsidy Change

Rate

PYE 2006

64,000

$19,800,000

$21,000,000

$1,200,000

6.06%

PYE 2007

67,000

$29,500,000

$32,600,000

$3,100,000

10.51%

PYE 2008

70,000

$33,600,000

$35,200,000

$1,600,000

4.76%

PYE 2009

73,000

$35,500,000

$36,000,000

$500,000

1.41%

PYE 2010

76,000

$38,000,000

$39,100,000

$1,100,000

2.89%

PYE 2011

80,000

$37,600,000

$39,000,000

$1,400,000

3.72%

Totals

71,667

$194,000,000

$202,900,000

$8,900,000

4.59%

+$540K

Midwestern Capital City Retiree Organization

Reopening Appeals 2007-2010
Net gain: $540 thousand

As the capital of a large Midwestern state, this city works hard to bring the same dedication and commitment they have for constituents to their retirees. The retirement board is responsible for investing retiree funds, implementing policies and guidelines, and ensuring their retirees benefit plans are well managed. By hiring Part D Advisors for four reopenings, this city was able to increase their subsidy payments by over 30%! Below is a summary of their results.

Plan Year Ending

RMEIs

Original Subsidy

PDA Appeal

Subsidy Change

Rate

PYE 2007

1,000

$ 465,000

$ 580,000

$ 115,000

24.73%

PYE 2008

1,000

$ 460,000

$ 585,000

$ 125,000

27.17%

PYE 2009

1,000

$ 480,000

$ 660,000

$ 180,000

37.50%

PYE 2010

1,000

$ 300,000

$ 420,000

$ 120,000

40.00%

Totals

1,000

$ 1,705,000

$ 2,245,000

$ 540,000

31.67%

+$72K

Municipal Utilities Board

Reopening Appeals 2007-2009
Net gain: $72 thousand

This midwestern city utilities board is municipally owned public utility. Owned and operated by hometown people, the board has grown to become the third largest electric utility in their state, the largest municipally owned utility in their state and a major employer in the local area.The board’s vision is to partner with their customers, community, and employees to make their city the the most attractive community in their state in which to live, raise a family, work, and operate a business. In support of this vision, the board hired PDA to reopen three plan years from 2007-2009 to recover any additional subsidy dollars that had been left behind.

Plan Year Ending

RMEIs

Original Subsidy

PDA Appeal

Subsidy Change

Rate

PYE 2007

650

$ 430,000.00

$ 455,000

$ 25,000

5.81%

PYE 2008

700

$ 512,000.00

$ 540,000

$ 28,000

5.47%

PYE 2009

700

$ 503,000.00

$ 522,000

$ 19,000

3.78%

Totals

680

$ 1,445,000

$ 1,517,000

$ 72,000

4.98%