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<br /> CITY OF ARDEN HILLS <br /> . MEM:RlINOOM <br /> DATE: May 11, 1992 <br /> TO: All Staff <br /> ERCM: riff Terry Post, Temporary city Accountant <br /> SUBJEX:T: Employee Benefit Cost Information <br /> HEALTH INSUR1\NCE <br /> The league of Minnesota cities Insurance Trust has informed us that for <br /> 1992-1993, health insurance rates will in=ease as follows: <br /> M:lNlllLY maT <br /> DEDUCI'IBLE OPTIONS SINGLE illVERAGE FAMILY illVERAGE <br /> $150 Deductible* $159.03 $410.64 <br /> - $ In=ease 29.36 75.83 <br /> - % Increase 22~6% 22.6% <br /> . $300 Deductible** 145.28 375.61 <br /> - $ In=ease 15.61 40.80 <br /> - % Increase 12.0% 12.2% <br /> $500 Deductible** 135.46 350.25 <br /> - $ In=ease 5.79 15.44 <br /> - % In=ease 4.5% 4.6% <br /> * CUrrent Deductible Level <br /> **Higher Deductible Options Available to Group to Reduce Premium Costs <br /> - <br /> As you can see from the above table, the city is again confronted with a <br /> significant premium in=ease of about 23% at our present deductible <br /> level of $150. In the last two years, both the Single and Family rates <br /> have increased 50.9% (From $105.42 to $159.03 and from $272.20 to <br /> $410.64 respectively). <br /> There were no changes in coverage. <br /> For nCM, the deductible will remain at $150. <br /> DENl'AL INSUR1\NCE <br /> There will be no changes in the monthly rates for dental coverage. <br /> . Single coverage remains at $21. 09 and family coverage remains at $67.33. <br /> The only significant coverage change is that, beginning July 1, the <br />