HomeMy WebLinkAboutInsurance Committee Minutes 07.19.2001INSURANCE COMMITTEE MINUTES
JULY 19, 2001 5:00 P.M.
OLD COUNCIL CHAMBERS
MEMBERS PRESENT:
Chairman Mark Mace
Bud Johnson
Ken Olson
Les Deines
Bud Arnold
Mike Ludwig
OTHERS PRESENT:
Mary Embleton
Mark called the meeting to order at 5:07 p.m. He stated to the committee that the budget
impact for choosing the Blue Select plan would be an additional $165,000. The
department heads have been asked to cut their budgets as much as possible, but the city
cannot continue to absorb 41% increases in the health insurance premiums. He felt that
the city will have to go with the Blue Select plan for now, but the increased cost is not
budgeted at this time. He also stated that the city will go shopping, but that the
committee needs to determine how the city will do this, and suggested that rather than
contacting several companies and their agents, that the city contact a broker. Ken agreed
and stated that a broker has access to many different companies and can give an objective
analysis of the pros and cons of each company's proposal. Discussion followed, during
which the union representatives agreed with the use of a broker, and even suggested
using 3 or 4. Bud Johnson agreed with the concept of using more than just one
representative to bring proposals to the city.
Motion by Ken, seconded by Bud I. that the city renew their health insurance policy with
BC/BS Blue Select plan for August. The motion carded unanimously.
Mary will contact a broker for names of several brokers, and will provide them the
necessary information to shop for the city's health insurance. An Insurance Committee
will then be set up for their presentations, sometime after August 6th. The meeting
adjourned at 5:35 p.m.
Respectfully submitted,
Mary K. !Embleton
Clerk/Treasurer