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42 insurance for a single plan. This does not mean that a single employee has free coverage. Employees <br />43 are still responsible for fulfilling their deductible as well as their out-of-pocket costs. Since 2010, the city <br />44 has utilized a benefits contribution incentive that has worked well and provides the full cafeteria dollar <br />45 amount only to those benefit-eligible employees who participate in a confidential health risk assessment, <br />46 a preventative care physical and blood pressure check. If an employee does not participate in these <br />47 wellness items, they receive $40 less per month in their cafeteria amount. <br />48 <br />49 <br /> <br /> <br />2025 Cafeteria Contribution Rates * with wellness incentive <br />2024 Monthly Cafeteria 2025 Monthly Cafeteria Contribution* <br /> <br />Contribution* <br />Opt Out $510 $510 <br />$2300 Deductible <br /> <br />Single $806.99 $885.82 <br />Single +1 $1,017.02 $1,087.60 <br />Family $1,382.18 $1,487.00 <br />$3300 Deductible <br /> <br />Single $842.64 $862.74 <br />Single+1 $1,078.33 $1,175.42 <br />Family $1,396.03 $1,532.44 <br />50 <br />51 Basic & Voluntary Life, AD&D and Long Term Disability Insurance <br />52 There are no changes to our ancillary insurance premiums for 2025. <br />53 <br />54 Dental Insurance <br />55 The city is self-insured for dental insurance. The dental claims paid were slightly below what is collected <br />56 in premiums. However, there is sufficient fund balance to cover the anticipated claims without the need <br />57 to raise premiums this year. Thus, there will be no increase in premium costs for staff in 2025. <br />58 <br />59 <br />60 Policy Objectives <br />61 To offer and maintain market comparable and equitable benefits internally and externally that solidify <br />62 retention and attract exceptional employees. <br />63 <br />64 Equity Impact Summary <br />65 No racial equity impacts have been identified at this point. <br />66 <br />67 Budget Implications <br />68 The proposed cafeteria plan budget for 2025 as presented above is within the 5% budget increase that <br />69 has been included in the 2025 City Manager recommended budget. <br />70 <br />71 Staff Recommendations <br />72 Approve the 2025 city employer cafeteria contributions as described in this report. <br />73 <br />74 Requested Council Action <br />75 Approve the 2025 city employer cafeteria contributions as described in this report. <br />76 <br />77 <br />Page 2 of 3 <br />Qbhf!22:!pg!26: <br /> <br />