Agenda Item 8B - Renewal of Employee Benefits - InsuranceCITY OF ATLANTIC BEACH
CITY COMMISSION MEETING
STAFF REPORT
AGENDA ITEM: Renewa l of Employee Benefits -In s urance
SUBMITTED BY: Catherine Berry, Esq., Directo r of Human ResourcesCB
DATE: August 19, 2014
AGENDA ITEM# 8 8
Sl!.:f'TEMBER 8, 2014
BACKGROUND: Two years ago, our i ns urance broker, Harden and Associates, went to
market to get the best ins urance coverage for th e City of Atla nti c Beach
employees that th ey could find at the best rates. Last year, the Commission
approved renewing those coverages for the 20 14 year at as close to the
same plans as co uld be had for nearly the sa me premjums.
BUDGET:
Due to the increase in Jos s ratio experienced to date thi s year, we are
looking at a la rge increase in premiums .
Pro posed FY 20 15 Budget of$985,000
RECOMMENDATIONS: Authorize Hard e n and Associates to get upd ated quotes on all of
our employee benefit and employee-paid insurance coverages to obtain
the best coverage for th e best rates .
REVlEWED BY CITY MANAGER: ~ ~ Lllh ;