8-5-10 Special Called-Health Ins. City of Atlantic Beach
Special Called Meeting
August 5, 2010
Commission Chamber
AGENDA
• Call to order 5:00 p.m.
• Courtesy of the Floor to Visitors
• Change to Employee Health Insurance — Discussion and Action
• Adjournment
8/5/2010
HEALTH INSURANCE
George Foster
Human Resource Manager
August 2010
ISSUES
•W What level of insurance to provide
H
• o to pay for it
PAST CHANGES
2006 to Proposed
• Hospital from $150 day /3 days to $500
plus 30% up to the maximums
• Individual Deductibles of $0 to $3,500
• Individual Maximums of $2,500 to $9,000
• Co -pays and Premiums increased
• MRis /CAT Scans from $50 co -pay to
Deductibles +30%
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8/5/2010
2010 PLANS
CURRENTLY APPROVED RECOMMENDED
• Emp Ded of $3,500 • Emp Ded of $2,000
• Fam Ded of $10,500 • Fam Ded of $4,000
• Max Emp of $9,000 • Max Emp of $5,000
• Max Fam of $18,000 • Max Fam of $10,000
FUNDING
• IF CONTINUED WITH CURRENT BENEFITS:
— EMPLOYEES + $69,364
— CITY + $221,659
• APPROVED WITH REDUCED BENEFITS:
— EMPLOYEES + $19,782
- CITY +$25,182 IN BUDGET
• RECOMMENDEDWITH REDUCED BENEFITS:
— EMPLOYEES +3.5% OR $9,252
— CITY ADDITIONAL + $55,616
City & Employee
I
940000
600000 t
400000 30N71
2006 2007 2008 2009 2010 2011
O1y 506,084 509,091 619,918 659,354 671,174 696,356
83.73% 0412% 80.22% 7499% 24.29% 13.43%
Employee 90,54.8 111,23. 1.05, 8 219,898 232,240 253,82@
16.27% 15.88% 19.20% 25.01% 23.80% 26.52%
G[ylnceue 1622% 5.23% 6.36% 1.29% 3.259E
r.
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8/5/2010
Actual & 2006 if no Changes
w0A00 i irtI 1
2106 2Y/ 2108 209 200 201
Actual & 2006 if no Changes
6ve]006
-
• Enplgee
• Ow
0
71US 2107 ]000 7000 2p0 7017
If +5% Employee Contribution
Approved Plan Proposed Plan
Employee $57,485 $43,300
24.75% 18.64%
City - $12,521 $47,167
-1.87% 7.03%
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