HomeMy WebLinkAbout2008 07 28 Regular 609 Adoption of Health Insurance Proposal for FY 2009City of Winter Springs
Regular Meeting July 28, 2008
072808_COMM_Regu I ar_609_Health_Insurance_Proposal
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COMMISSION AGENDA
ITEM 609
Consent
Informational
Public Hearing
X
July 28, 2008 MGR. y ~/DEPT.
Regular Meeting Authorization
REQUEST: The City Manager requesting the City Commission to consider adoption of the
Health Insurance Proposal for FY 09.
PURPOSE: This agenda item is needed for the City Commission to approve health care coverage
for City employees.
CONSIDERATION: At the July 23, 2008 Roundtable Budget Discussion the Commissioners
present received Health Care Insurance proposals from the City's insurance broker.
After considerable discussion the Commissioners present requested that the matter be placed on
the July 28, 2008 Agenda for the intended purpose of adoption of all three proposals presented by
the City's insurance broker. As discussed, the City would continue the City's policy of paying
for the employee's coverage less $5, and contributing 28% of the employee's family coverage.
FUNDING: The maximum cost to the City would be $130,000 for the General Fund and
$170,000 City-wide, representing a 14.8% over last year's cost.
RECOMMENDATION:
It is recommended that the City Commission adopt the Health Insurance Plan the City deems
appropriate for FY 09.
ATTACHMENTS:
Health Plan Proposals and Costs.
COMMISSION ACTION:
City of Winter Springs
Deductible Lifetime
Coinsurance Office Ysit Prescription Out-of-Pocket OBp~
Admission Out Patient
Urgent Care Emergency Rates
Emp + Emp +
Maximum Copay Copay Limit Copay Copay Copay Single Spouse Children Family
Curre nt
Aetna HMO NA Unlimited NA $20 / $30 $15 / $35 / $60 $1,500 / $3,000 $250 $250 $50 $100 $375.85 $901.13 $901.13 $984.27
Open Access Renewal Rates
' City Paid Plan $431.48 $1,034.50 $1,034.50 $1,129.94
14.80% 14.80 14.80% 14.80%
Aetna Ak J A NA Unlimited 100% $30 / $40 $20 / $40 / $70 $2,500 / $5,000 $250/Day $500 $100 $200 $402.14 $964.15 $964.15 $1,053.11
SDay Max 7.00% 7.009'0 7.00°k 7.00%
Aetna Plan 2
Nsnrs~,aao $1,500 / $3,000-In Unlimited 100% Ded Ded $1,500 / $3,000 Ded Ded Ded I)ed $364.57 $874.10 $874.10 $954.74
-3.00% -3.00% -3.00% -3.00%