HCSC Board of Directors Meeting Agenda
Date: June 26, 2025
Location: Boardroom A / Virtual Session
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Call to Order and Welcome (5 mins)
– Chairperson opens the meeting
– Roll call and confirmation of quorum
– Approval of prior meeting minutes
CEO Vote (30 mins)
– Presentation of candidate(s) and review of performance and qualifications
– Board discussion and Q&A
– Formal vote and recording of results
Strategic Business Update (30 mins)
– CEO report: Market conditions, organizational performance, and forward-looking priorities
– CFO review: Financial outlook, cost trend projections, and risk review
Workforce Optimization and Reductions in Force (RIF) (45 mins)
– HR and Legal review of proposed RIF and restriction strategies
– Cost-benefit analysis and long‑term impact review
– Board discussion and formal vote
2026 Bonus Structure (30 mins)
– Presentation of proposed metrics, weighting, and incentive design
– Comparison to peer health insurance companies
– Board discussion and formal approval
Regulatory and Compliance Overview (15 mins)
– Update from Compliance and Legal team
– New state and federal requirements impacting HCSC
– Risk mitigation plans
Operational and Technology Roadmap (30 mins)
– Chief Information Officer review of digital transformation priorities
– Cybersecurity status and risk review
– Member experience and operational efficiency metrics
New Product and Market Development (20 mins)
– Introduction of new product lines and services
– Market expansion plans and associated resource requirements
Committee Reports (30 mins)
– Audit Committee: Financial statements review, internal audits status
– Risk Committee: Enterprise risk review and mitigation strategies
– Governance Committee: Board effectiveness review and succession planning
– Quality Committee: Member health outcomes and clinical quality metrics review
Other Business (10 mins)
– Discussion of any new topics raised by Board Members
Executive Session (30 mins)
– CEO review and performance evaluation (without CEO present)
– Other personnel or legal matters
Adjournment and Next Meeting Date