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he discussed in this document or he included below because this potential change will not impact the single tier. <br />The following information presents scenarios of what the financial impacts to the City and the employee/extendee <br />would he with the additional tier in today's dollars which are set. <br />New Rates Quoted §y Preferred one in 2003 premiums: <br />Single plus 1 <br />Choice 11 /100 %: $606.79 -this is 1 94.41 /mo less <br />Choice 14/80 %: $ 497.58 - this is 159.421mo less <br />Current City Contributions: <br />Ferri! <br />894.52 - this is 93.82lrno more than current <br />$ 788,50 - this is $ 78.521mo more than current <br />87 active employees currently receive the Family City contribution of 581.48lmo. Total City Expense is <br />37,518.16/ma or $451,429.9 yr. <br />hancies to City Premiums with addition of single plus 1 tier: <br />Choice 11 1100 %: 13 active employees mould go to the new single plus 1 tier = premium drops total of: 2,527.33, <br />40 active employees mould stay on family and premium would go up by total of: $ 3,732.80. <br />6 extendeeslretirees would all go to the new single plus 1 tier = does not effect City cost. <br />Choice 14/80 %: 5 active employees wou Id go to new si ng le plus 'I tier = prem i um d roes total of 797.10. <br />g active employees would stay on family and premium would go up by total of $ 585.55. <br />extendees /retirees would stay on family plan = does not effect City cost. <br />-5 <br />Total Change: increase`to plan costs of $1,097.05 per month. <br />Changes to City Contribution: <br />! Assuming continuing to contribute 70% of Choice 11 (100%) plan: <br />Single plus 1: $424.75 18 Active employees would enroll = total expense of 7x735.50. <br />Family: $626.16 49 Active employees enrolled = total expense of $ x.651.84. <br />Total City Expense: $38,417.34 <br />This is are additional cost of 795.15 per month for the City in contribution dollars. <br />Overview of Differences in Rates for Active staff with Chance: <br />1 firmirmr�A lam. <br />MONTHLY <br />FAMILY Contribution <br />Em to ee <br />DATES: <br />Family <br />F mid <br />Preferred One <br />$801.20 $581.48 <br />$239.72 v <br />Choice 11 <br />Preferred One <br />$858.98 $581.48 <br />$95.50 <br />Choice 14 <br />