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TO: Honorable Mayor and Council Members <br /> FROM: Teresa Bender, Deputy Clerk/Treasurer - <br /> SUBJECT: 2000 Health Benefit Amount <br /> DATE: February 3, 2000 <br /> As you are all aware, premiums for health insurance coverage seem to soar every year. I <br /> recently met with Mark Steele, the City's insurance agent, who informed me that as of <br /> March 1, 2000 (MEDICA Group Policy Renewal date) rates will be increasing. The <br /> City's current monthly Health Benefit allotment is $350 with 90% of Dental Coverage <br /> provided by the City. It should also be noted that several employees, both part -time and <br /> full -time have additional coverage (i.e., Dental and Life Insurance) which bores an <br /> additional expense. The following is a list of employees and how their premiums would <br /> be affected: <br /> Current Premium 2000 Premium <br /> Teresa Bender <br /> Family Coverage $375.49 $436.18 <br /> Ken Cook <br /> Family Coverage $615.28 $714.74 <br /> Jim March $419.66 $487.49 <br /> Tedd Peterson (PEIP) <br /> Family Coverage $440.51 Stays the same <br /> Individuals that have Dental or Life Insurance are as follows: <br /> Employee Portion <br /> Teresa Bender <br /> Life Insurance $12.00 <br /> Ken Cook <br /> Dental & Life Insurance $ 8.92 <br /> Tim Danielson <br /> Dental & Life Insurance $19.74 <br />