then i would ask aon hewitt to come forth and present their presentation. >>if you turn to page 3 as an example page 3 of this document for everybody in the audience it should be up there. it is just an explanation of what we are doing. so, there are 2 ways that we can do this if you choose to do this at all. you can do it over 3 years or you can do it all at one time. we wanted to demonstrate where we are now and what we're talking about if we did over 3 years versus all at one time. meaning we would change the rate ratio so we are equivalent to that of one year and then the rest of this document because it takes consideration of all these grading proposals and all of the demonstration all these numbersthis demonstrates in a fully disclosed manner what the rate cards will look like if we do that. and i want to make it perfectly clear because were just using 2016 rates because we can't speak to the and right now for blue shield the early retirees for blue cross blue shield would be the rates going forward. these are to demonstrate what the options will be i

committee was a consultant to the ambulance planning and the board we entered into an agreement with aon hewitt and steve put together the internal team at a on hewitt and i'll let steve stroo introduce is folks. >> i'm happy to be joined byer peter and another colleague that has been involved in the activity from the onset we were engaging e engaged to assist bill and the selection committee to invest i want to introduce peter and the team and you'll hear from bill in a few minutes excuse me - period of time from our process and peter will talk about the swleks to guess you all today period of time is our director our global director another word for the hedge fund research team 4 people in the united states and united kingdom they view 50 of those projects and placing assets with institutional investigators and have department meeting their suited to assist the evaluation team and know the candidates and reviewed the reopens and scandalizes who reviewed the candidates we've been talking about so pestering will talk about the process and then the other colleague to talk about the memo as well.

documents provided to board prior to meeting: report prepared by aon hewitt. >>before you you have their proposal to reduce the rates between the 1st 3 years 2017 2018 2019to 2020. theoretically we could hold these rates for 5 years. from the chairs position of time. >>we have a presentation. ongoing with mr. chair and the body we recommend you accept these rates for the period of 5 years with the reduction of rates for 3 years as outlined on the schedule for rates raising 2% a year for years 4 and 5. do we have any questions? >>do we have any questions from the members of the board to the actuary. i'm going to accept the motion. >>if the health service board except the five-year renewal. it >>this has been properly moved and seconded. if there not any more questions or comments then it is public comment. >>i want to thank you neil for that axillae and review of all the figures. i think he does a great job but that is just me.what i see is to move the acute eye care plan this is an enhanced plan that talks about a few of the additional services which iand the