Loading...
Agenda Item 8CAGENDA ITEM # 8C JULY 25, 2011 CITY OF ATLANTIC BEACH CITY COMMISSION MEETING STAFF REPORT AGENDA ITEM: Employee Health Insurance SUBMITTED BY: George Foster, Human Resource Manager DATE: July 15, 2011 BACKGROUND: On July 12, 2011 the City Commission held a workshop to review employee health insurance options. At this workshop, two health insurance plans (attached) were identified by the Commission to be further considered at the July 25, 2011 Commission meeting. The first plan has two funding options with the second plan having one funding option. SUPPLEMENTAL INSURANCE POLICY: In addition to health insurance, the City has identified a Major Medical Complement insurance policy currently being provided to the employees of Jacksonville Beach and Neptune Beach through Allstate that will pay employee deductibles and co -pays with premiums based upon an employee's coverage and age. Although this is not the solution to the ever rising health insurance premiums, it is an option that we desire to provide to our employees on an optional employee paid basis. For example, an "employee only" annual $4,000 Hospital Confinement and a $2,000 Outpatient benefit, would cost an employee under the age of 40 approximately $17 per month and an employee over the age of 50 approximately $38 per month. FUNDING: If approved, funds for this action will be included within the 2011/2012 budget. ACTIONS REQUESTED: 1. That City Commission authorizes providing employees with an optional Major Medical Complement policy as provided by Jacksonville Beach and Neptune Beach. 2. That the City Commission advises as to what employee health insurance option is to be utilized effective 10 /01 /11 (see attached). CITY MANAGER: WIM ul AWL,! r4L Lil �, =P JL L . o# 77 I LI k-T 7 - — -",7 7 ifi� K 03 7- = ZV..l X 1 3 ME 0 J- M 71 AM On N - M - m W " - :1 i M - I � 3 M U -11. 1 � arl 7ZZ1A:* i rL. � - ftc 7 1 . 7. a Z I =1 E W764 pr ; a 7 �7 , vz��L� frIM 4 " - 4 4;QMMF= _5