HEALTH INSURANCE 08-05-10HEALTH INSURANCE
George Foster
Human Resource Manager
August 2010
ISSUES
What level of insurance to provide
How 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%
2010 PLANS
CURRENTLY APPROVED
Emp Ded of $3,500
Fam Ded of $10,500
Max Emp of $9,000
Max Fam of $18,000
RECOMMENDED
Emp Ded of $2,000
Fam Ded of $4,000
Max Emp of $5,000
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
RECOMMENDED WITH REDUCED BENEFITS:
EMPLOYEES +3.5% OR $9,252
CITY ADDITIONAL + $55,616
City & Employee
2006 2007 2008 2009 2010 2011
City 506,884 589,091 619,918 659,354 671,174 696,356
83.73% 84.12% 80.72% 74.99% 74.29% 73.43%
Employee 98,500 111,231 148,048 219,858 232,246 252,028
16.27% 15.88% 19.28% 25.01% 23.80% 26.57%
City Increase 16.22% 5.23% 6.36% 1.79% 3.75%
Actual & 2006 if no Changes
Actual & 2006 if no Changes
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%