HomeMy WebLinkAboutInsurance Committee Minutes 07.26.2000 MINUTES
INSURANCE COMMITTEE
JULY 26, 2000 7:00 P.M.
OLD COUNCIL CHAMBERS
MEMBERS PRESENT:
Chairman Mark Mace
Bud Johnson
Ken Olson
Mary Embleton
Bud Arnold
Donnie Nelson
Mike Ludwig
The committee's first order of business was to choose a chairman. Bud Johnson
nominated Mark Mace, seconded by Mary Embleton. There were no other nominations.
Mark was elected chairman by unanimous consent.
Motion by Mary Embleton, seconded by Bud Johnson, to recommend to council that the
contract with New West be terminated as of 7/31/00, and all current New West members
switch over to the current YCI-IP Plus Plan. Discussion followed. Mary outlined the
events that followed the June 15th meeting: YCI-B? stated they would be glad to accept the
New West members; Mary had distributed cost comparison figures; New West refused to
quote premiums for continuing the CompraCare Plan, therefore the Budget/Finance
Committee informed the Insurance Committee that the only company available is YCHP
(refer to letter of 7/20/00); due to errors on the part of New West (dates of 9/1/00 and an
August billing statement), the changeover which is in process would have to be done
before 8/1/00.
YCHP representatives were at City Hall earlier today to assist with applications and
questions. Bud stated that he was satisfied that the city employees are covered by a stable
company, especially since BC/BS purchased 50% of YCHP. The motion passed
unanimously.
It was concurred that the committee will meet again in January - February of 2001 to
review the current plan and begin the process of selecting a broker to research the market
for next renewal in anticipation of another 20-25% rate increase.
The meeting adjourned at 7:26 p.m.
Respectfully submitted,
M~K~.E leton
Clerk-Treasurer