one-third surplus as of december 31, 2023, this is an action will be present bids mike clark with anne. >> mike clark ang, the first year of the plan offered through as well as the recommended rent stabilization action. so to summarize on page 3 runs with the stabilization policy i'll recommend approval of the use of one-third of the december 31, 2022 stabilization reserve surplus which is 118,000 or one-third of the total 35 3000 to be applied towards the buy down rates h m.o. and 2024 to apply between that and early retirees. this will leave of 235,000. so the experience we can present on health net is limited just due to the relatively low enrollment plan, although it did grow through the course of the year. we do not show active and retiree population given the retiree population and again this is the first year of the plan offering. what we can show is just the month by month experience detail where you can see the vas majority of the health plan cost is cap tation. so with health net almost all of medical services fall under capitation, medical claims primarily capture out of area experience. pharm

one-third surplus as of december 31, 2023, this is an action will be present bids mike clark with anne. >> mike clark ang, the first year of the plan offered through as well as the recommended rent stabilization action. so to summarize on page 3 runs with the stabilization policy i'll recommend approval of the use of one-third of the december 31, 2022 stabilization reserve surplus which is 118,000 or one-third of the total 35 3000 to be applied towards the buy down rates h m.o. and 2024 to apply between that and early retirees. this will leave of 235,000. so the experience we can present on health net is limited just due to the relatively low enrollment plan, although it did grow through the course of the year. we do not show active and retiree population given the retiree population and again this is the first year of the plan offering. what we can show is just the month by month experience detail where you can see the vas majority of the health plan cost is cap tation. so with health net almost all of medical services fall under capitation, medical claims primarily capture out of area experience. pharm