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J� -� :�' .tq .5 d �'' #. r a :•` } - r 4. 11 : - .'-, f'LJ . ±F� 1 I 0 AGENDA ITEM # 8A JUNE 27, 2011 Column A: Cost data and benefits that is currently in effect, i.e. effective: 10/01/2010. Column B: Current benefits if renewed on 10/01/2011 with a 28.65% increase along with the City continuing to pay the current health insurance ratios of 95% of the Base Employee Only coverage and 45% of the cost difference of any other Base insurance that the employee may select. Premium cost increase to the City would be $206,246 and $71,852 to the employees. Colum C: Current benefits if renewed on 10/01/2011 with a 28.65% increase along with the current health insurance ratios being changed to the City paying 90 %, instead of 95 %, of the Base Employee Only coverage and paying 40 %, instead of 45 %, of the cost difference of any other Base insurance that the employee may select. Premium cost increase to the City would be $155,138 and $122,961 to the employees. Column D: New Plan with reduced benefits and current health insurance ratios being changed to the City paying 90% of the Base Employee Only coverage and 40% of the cost difference of any other Base insurance that the employee may select. Premium cost increase to the City would be $75,883 and $116,559 to the employee. Column E: New Plan with reduced benefits and current health insurance ratios being changed to the City paying 90% of the Base Employee Only coverage and 40% of the cost difference of any other Base insurance that the employee may select. Premium cost increase to the City would be $1,768 and $152,027 to the employee. Column F: New Plan with reduced benefits and current health insurance ratios being changed to the City paying 90% of the Base Employee Only coverage and paying 40% of the cost difference of any other Base insurance that the employee may select. Premium cost to the City would be decreased by $22,380 and increased by $119,532 to the employees. ACTIONS REQUESTED: 1. That City Commission authorizes providing employees with an optional employee paid Major Medical Complement (GAP) policy. 2. Based upon guidance received to not increase the health insurance cost to the City, recommend that the Commission approve: a. Changing the percentage of premiums paid by City from 95% to 90% for Base Employee Only coverage and from 45% to 40% of premium differences for any other Base insurance selected by the employees, and b. Health insurance plan as listed in Column "E" to be effective October 1, 2011. CITY MANAGER: AGENDA ITEM # 8A JUNE 27, 2011 O a� o N LD an O 00 o 00, c6 r4 N m bo j U v C lfl G. U Ln D_ c-I m Z a-' w w U N 00 00 r� c N c L o cu c-I QD oe c ko O O CL U �' Ol �t m n O n m w z 41 CL E � L!1 . i N m 00 0) p to (U N U m m i.J w D a) " w lzT c-I c I Z + T ' E O U QD o o lfl O oo m N o 0 O O to Ln O O N o Q bt) o (0 m IA L u U rn m O. 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M QD m .-i ON m m 1 --i 1O Ln m O � m m N � 00 QD o o lfl . -i N oo m N N to Ln 00 0 00 o Q 0 o m o rn O 0J O 0) 4' U Cj cn a' U ,n U t U �: aa) C Z L U S o Z L U C: o a T � t 4 41 C C O O C -2! z O O C C fl °n E m m � m Lu AGENDA ITEM # 8A JUNE 27, 2011 bn m 'o u C LL W .+•r+ _ Z U w Cl � r r 0 0 0 O O 01 't 4J L 11 c m U W Z + CL W U w 0 r r ° o 0 O O 01 �t 0) bA N L f0 p u C d V � z w C. 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