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2009_1019_Packet
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2009_1019_Packet
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1/9/2012 3:23:31 PM
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10/15/2009 3:47:30 PM
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■ Single: $685 (increase of $25) <br />■ Single + 1: $790 (increase of $25) <br />■ Family: $975 (increase of $25) <br />➢ Monthly contributions deposited into a Health Reimbursement Account or Health <br />Savings Account are as follows: <br />■ $1,000 Deductible Plan Monthly Deposit: <br />• Single $83 (same as 2009) <br />• Single + 1 $90 (same as 2009) <br />• Family $70 (same as 2009) <br />■ $2,500 Deductible Plan Monthly Deposit: <br />• Single $200 (same as 2009) <br />• Single + 1 $170 (same as 2009) <br />• Family $125 (same as 2009) <br />Dental Renewal: <br />After review of the 2009 claims in comparison with premiums brought in and the <br />marketplace, the Senefit's Committee and the Delta dental claims professionals recommend <br />staying self insured with Delta dental again in 2009 with no change in premiums or coverage <br />for the plan. <br />Life & Long Term Disabilit� <br />The City's current provider Standard Insurance through the FCI City/County Consortium has <br />two more years in the contract which provides for no increases in rates through 2011. <br />Financial Impact: <br />The above proposed Cafeteria Senefits budget for 2010 which would cover half of the premium <br />increases amounts to approximately $50,000 over the 2009 budget. <br />Council Action Requested: <br />Staff seeks a Council Motion approving the 2010 insurance programs and fund allocation as <br />described above with the respective contracts (subject to review and approval by the City <br />Attorney) . <br />Kj <br />
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