August 2022 Board of Trustee Meeting Recap

Last Updated: Aug 4, 2022

Yesterday, the Pennsylvania Medical Society (PAMED) held its first-ever hybrid Board of Trustees meeting. Trustees participated on site at PAMED’s headquarters in Mechanicsburg and remotely via Zoom and Meeting Pulse. Trustees engaged in a healthy and productive debate and acted on priority issues impacting the Society and its members.  

The Board of Trustees discussed and approved PAMED’s 2023 budget with membership dues remaining the same for the upcoming dues billing cycle. Board members also approved an action authorizing the Treasurer to move forward with termination of the pension plan in full or in part when the estimated plan termination gap is within $2 million. This action sheds the liability and with it the volatility of the market. It is anticipated that the process will occur over a one-year period as PAMED ensures the pension commitment to employees will be satisfied by purchasing annuities or alternately as lump sum payments.  

 

Looking forward, the board approved a three-year strategic plan which included a revised mission statement, vision statement, and strategic priorities. With the assistance of CTY Consulting Group, the PAMED plan was board-developed with input from a cross section of PAMED employees and key stakeholders; the plan will guide the priorities and imperatives for the Society through 2024.  

 

Curt Schroder, the Executive Director of the Pennsylvania Coalition for Justice Reform addressed the trustees to provide an update on where legislation stands on venue rule and what we can anticipate the next steps and timeline to be. Curt was PAMED’s tort reform champion during his tenure in PA’s House of Representatives and continues to advocate for bringing fairness and reform to our courts.  

 

Additional items for discussion and action included: The author of Resolution 21-209: Racial Equity and SarsCov2 Spike Protein, referred to the Board for study, offered oral testimony. A second review of the Board’s recommendation in Board Report 3 was considered. The Board opted to maintain its original recommendation. Also, trustees engaged in a thoughtful and spirited discussion around PAMED's Statement on Women's Reproductive Health. Additional action on this topic will be forthcoming through the end of August and into September. 

At the board meeting, participating trustees gained a real-time grasp for the technology that enables PAMED to offer a hybrid experience for Delegates at the 2022 HOD. Your Speaker of the House, John Pagan, MD, addressed the board on key items, particularly technology, that will be used to leverage the option of both an in-person and remote meeting. Deadlines and important dates for the upcoming HOD have been posted to the calendar at www.pamedsoc.org/HODschedule, please take note of essential deadlines and add them to your calendar with the click of a button. Both the Speaker and Vice-Speaker, Todd Hertzberg, MD underscored the importance of preparation and training for all delegates whether they attend in-person or virtually. 

 

Resignations for 3rd District Trustee, Chad Walker, DO and 4th District Trustee, Dillenia Rosica, MD were announced. Chair, Edward Balaban, DO thanked both physicians for their service and dedication to the Board.  The deadline to be included in the Official Call for election has passed; however, interested applicants can reach out to Allison Meckley ameckley@pamedsoc.org before Thursday, October 6 at 4:00 pm to be included on the ballot.

A brief 30-minute Board of Trustees meeting will take place on August 18, 2022, at 8:30 pm. The Board will have one action request to accept the 2021 audit. In addition, the Board of Trustees will meet virtually on Wednesday, October 12, 2022, from 8:00 -12:00 am.  

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