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HomeMy WebLinkAboutInsurance Committee Minutes 04.11.1995 MINiJTES INSURANCE COMMITTEE April 11, 1995 5:30 p.m. Council Chambers MEMBERS PRESENT: Chairman- Chuck Dickerson Bob Graham Judy Woodman Lonnie Kellogg Andy Loebe Mike Zuhoski Don Hackmann Chuck Rodgers The purpose of this meeting is to discuss the employee group health plan. Due to the escalating premium costs (see attached) many felt that it was time to review our health insurance program and possibly take a look at another plan with a different insurance company. Part of the problem of high insurance premiums is the fact that governmental entities are classified in a high risk category. Changing to a different company may or may not reduce premium costs. Two other factors are the continuing rise in medical costs and the usage by the employees on the plan. After a lengthy discussion there was a motion by Bob Graham and seconded by Mike Zuhoski to recommend that the City advertise for group health insurance proposals. Motion carried. The insurance specifications were reviewed and it was decided to get separate proposals for a $500 and a $1,000 deductible policy. Discussion regarding getting separate optional bids for vision, dental, and normal newborn care. It was decided to take a look at these options, but due to the additional premium cost we may not accept any of them. The committee recommends that the policy year begin July 1, 1995. Don will send an RFP to Blue Cross and other insurance carriers who have already contacted him. Advertisements will be published in the Laurel Outlook on April 19, 26 and May 3, with bid openings on May 9th (see attached). Motion by Chuck Dickerson, seconded by Bob Graham to adjourn. Motion carried. The meeting was adjourned at 6:30 p.m. Respectfully submitted, Don Hackmann City Clerk EMPLOYEE HEALTH INSURANCE EXPENSE Fiscal Year 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 Premium 60,615 75,846 87,599 152 269 192 876 196 704 218 238 236 27% 251 289 267 9~0 United of Omaha has been our health insurance carrier since August 1, 1985. Starting July i, 1988 the City has paid the full premium. Since that time the premiums have increased 76%. ($115,671). The City's cost for employee group health insurance has increased $192,094 since I-!05 went into effect in 1986-87. CiTy o¢ Laurel He a! th 19 *F' 4 - 1 '.;"? 5 July I9~707.00 :~ ::':' ' ' ' Dec Zl , 4TZ. O0 Apri I (Est June Zd, 7,940.00 ,.~: 1.1ti,% = 294,T34.00 : F'r,) ie,: ted C G~ner-a Fund Sewer Fund i:.. :::' 3Z,4.4Z.O0 X !.10 35~905.00 :~?:s' · Pro.jetted lncreas'~' '+'or 19¥5-96 -'"'d,~T94 (A~,or,:,:..' . I4,0'1' General CLASS Employee'only Employee .& Spouse Employee & Child(ten) Employee & Fmmily CUP. RENT RATES: M~DiCAL. 197,59 430,66 396,28 557,13 LIFE AD&D .TOTAL 6,30 ,60 $ 204,49 6,30 ,60 437,56 6.30 ',60 403,18 6,30 ,60 .' 5~4,03 F~F~/P~LICE 217 W. I~T. ~T. PHO~: 62~737 CITY HALL 115 W, 1ST ST. PHONE: 628-8791 City of Laurel P.O. BOX 10 LAUREL, MONTANA 59044 APRIL 12, 1995 CITY CLERK DEPARTMENT CITY OF LAUREL GROUP HEALTH INSUILANCE REQUEST FOR PROPOSAL Proposals for a group health insurance plan will be received until 5:00 p.m., May 9, 1995. They will be opened at 5:30 p.m. during an insurance committee meeting on the same day. Proposals shall be addressed to the Clerk of said City, and endorsed with the name ,of the bidder and the title "Proposal for Group Health Insurance." · Specifications and a list of employees may be obtained by contacting the City Clerk. The right is reserved by the City of Laurel, Montana, uo rejecu any or all proposals, uo waive informalities, and Lo accepu the proposal that best serves ~ke interesu of the City. Donald L. Hackmann, City Clerk pub. 3t: 4/19/95, 4/26/95 & 5/3/95 City of Laurel is an EEO Employer