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MINUTES <br /> <br />City of Arden Hills <br />1245 West Highway 96 ▪ Arden Hills Minnesota 55112 <br />Phone 651.792.7800 ▪ Fax 651.634.5137 <br />www.ci.arden -hills.mn.us <br /> <br />FINANCIAL PLANNING & ANALYSIS COMMITTEE <br />Monday, October 29, 2018 <br />4:00 P.M. <br />Council Chambers Conference Room, Arden Hills City Hall <br /> <br />CALL MEETING TO ORDER AND ROLL CALL <br /> <br />The meeting was called to order by David Radziej at 4:01 pm. <br /> <br />MEMBERS PRESENT : David Radziej; Arlene Mitchell; Brenda Holden, Council Liaison <br />MEMBERS NOT PRESENT: Katy Peters <br />OTHERS PRESENT : Gayle Bauman, Finance Director <br /> <br />Call to Order <br /> <br />1. APPROVAL OF THE AGENDA <br />Motioned: Arlene Mitchell <br />Seconded: David Radziej <br /> <br />2. APPROVAL OF THE MINUTES <br /> Motioned: David Radziej <br /> Seconded: Arlene Mitchell <br /> <br />3. NEW BUSINESS <br /> <br />4. UNFINISHED BUSINESS <br />A. Continue Discussion on Health Insurance Renewal Options <br /> <br />Finance Director Bauman distributed information regarding costs of each of the plans the <br />committee was looking at. They were at the point of comparing our current plan to the PEIP plan. <br />Arlene Mitchell was in favor of looking at continuing the current plan in place. David Radziej <br />favored the HSA plan offered by PEIP. The committee discussed the savings to the City by going <br />with the PEIP plan over the current plan and ultimately decided the PEIP plan was what they were <br />going to recommend as long as employees had access to health care they need without it being too <br />cumbersome. <br /> <br />Discussion then turned to employee and employer contributions toward premiums and HSA. <br />Consensus was made for Single - 100% of the premium would be paid and $125 per month would <br />be contributed to an HSA by the employer; Family - $900 of the premium would be paid and $125 <br />per month would be contributed to an HSA by the employer for a total contribution of $1,025. <br />There was discussion about whether the City should offer an additional amount for new <br />employees to assist with medical costs they may have right when they start work. A thought was <br />to maybe do something once they had passed their six month probationary period. No decision <br />was made on this item. <br /> <br />For Dental they decided to leave the policy as is. For individuals that have the Single health plan, <br />100% of the employee portion of dental would be paid by the employer. For individuals that have <br />the Family health plan, no amount of dental would be paid by the employer. <br /> <br />5. COMMITTEE COMMENTS <br /> <br />6. ADJOURNMENT