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Page 2 of 2 Recommendation City Staff have compiled a benefit recommendation for the City Council to consider and the potential impacts (see Attachment B). The recommendation would provide the City cover 100% of the single medical and dental premiums (with no change to other provided benefits, such as, short-term and long-term disability) and 85% of the family medical premium. The City would also contribute $2,000 towards an applicable Health Savings Account for both single and family plans. The employee would then be responsible for any other costs related to their medical or dental plans. This recommendation would also allow for employees to waive coverages and receive a taxable $300.00 in lieu of the premium benefit, which would lead to a cost savings in the cost of the premium for the City. Please note, the City is recommending using a percent of premium computation when deciding contribution levels. This is because the recommended plan is utilizing age-banded rates and the premium cost varies with the number of dependents , therefore premiums will vary depending on age and family sizes. Another solution is to have a set dollar amount that employees with family coverage would pay, and the City would pay for the rest of the premium, regardless of the dollar amount (for example, an employee with family insurance would always pay $325.00 per month, and the City would pay for the rest of the premium). Due to the timing of the renewals, City Staff respectfully request the City Cou ncil determine a benefit contribution level and associated insurance carrier at this meeting. Attachment Attachment A: Compensation Benefit and Comparison Attachment B: Health Partners Plan Option - Staff Recommendation Attachment C: Public Employees Insurance Group (PEIP) Option Attachment D: Existing Blue Cross Blue Shield Option