Lucky to have OBRA/Subsidizing USAC Insurance

Randy Dreiling

2004-11-09



THANKS OBRA!



We are so lucky to pay the fee's we do compared to

other states.



Not only are norba/usa cycling fee's atleast 4 times

more, but also having traveled to other states our Mt

Bike race fee's are much cheaper too even with late

fee's.



We are very luck to race in Oregon.



Randy Dreiling

--- cmur-@obra.org wrote:



 See note below about USAC raising fees and medical

deductibles



 

Dear Valued Members of USA Cycling,



I wanted to communicate with you to discuss an

important matter

 concerning the license fees for 2005. We will

begin to sell licenses

 for the 2005 season on November 1 so we need to

let everyone know

 where we stand and why we were forced to make

these decisions.

 

We always strive to keep down costs to our members

and promoters while

 providing as much support as possible to the

membership. Further, we

 will not compromise our commitment to provide the

most comprehensive

 insurance coverage for our members.



As most of you know, insurance costs are rising

rapidly in every area.

 Insurance has been a widely discussed topic in the

recent campaign

 season for all levels of elected office, including

the presidential

 race.



Bottom Line? -- The loss rate for injuries

incurred during the 2004

 racing season exceeded our premium by more than

150% resulting in an

 increase of approximately $500,000 in our

insurance premium. This

 increase is caused by a number of issues:



- More claims

- Higher medical costs

- An increase in the number of riders-members who

use USA Cycling

 insurance as a primary policy. Our policy is

designed to be secondary

 coverage.



In order to deal with this escalating issue, we

will be taking the

 following steps in 2005 to cover the cost of this

dramatic increase to

 our insurance:



1. One-day license price will increase from 5 to

10 dollars. To not do

 this would mean that our annual members would be

subsidizing our

 non-members.



2. The deductible for riders using the USA Cycling

policy as primary

 coverage will increase from 2000 to 5000 dollars.

For members who use

 this policy as secondary coverage, the deductible

will stay at 1000

 dollars.



3. The cost for a primary license will increase

from 50 to 60 dollars.

 Add-on licenses will increase from 25 to 30

dollars. Other changes

 include the International Licenses increasing to

150 dollars and the

 junior license will cost 30 dollars.



While we regret having to increase our license

fees, I hope you

 understand that this decision is based solely on

the ever rising cost

 of insurance. I also hope that with the steps we

have taken regarding

 one day licenses and non-insured riders we can get

this issue under

 better control.



The insurance provided by USA Cycling has never

been intended to

 provide primary coverage. We have been proactive

in addressing this

 issue as well. We are working with an insurance

company to offer

 competitively priced insurance that can be

purchased by riders to

 protect them from experiencing excessive personal

costs and to help

 cover the majority of the deductible under our

policy. We hope to be

 rolling out this new program in the near future.



I appreciate your understanding in this matter and

commit to you that

 we will continue our efforts to manage this in the

best interests of

 our members. I hope to see you all racing in 2005!



Sincerely,



Gerard Bisceglia, CEO

USA Cycling, Inc.



To respond to the whole group send to

ob-@topica.com.

To respond to the list manager send to

cmur-@obra.org

To unsubscribe send to obra-uns-@topica.com









__________________________________

Do you Yahoo!?

Check out the new Yahoo! Front Page.

www.yahoo.com