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In a review of the net premium cost plus cost of deductibles the City would have incurred for the years of <br />1988 through 1992, the statistics indicate that over the previous five years the City would have realized <br />the lowest cost for workers' compensation at the deductible level of $10,000 per occurrence. However, <br />as our fire department didn't become fully operational until 1990, and we have experienced increases in <br />staff (therefore exposure), the statistics are simply a record of our past and not necessary an indicator of <br />the future. <br /> <br />Staff Recommendation: <br /> <br />It is recommended the City request coverage with the League of Minnesota Cities Self-Insured Workers' <br />Compensation Plan for 1993 at a premium cost of $58,620 less $2,574 which represents a deductible per <br />occurrence in the amount of $500. <br /> <br />Council Action: <br /> <br />Motion to direct the City Administrator to sign the application for coverage with the League of Minnesota <br />Cities requesting 1993 workers' compensation coverage with a deductible of $500.00 per occurrence. <br /> <br />Review Checklist: <br />City Administrator <br /> <br />CC: 01/12/93 Updated <br /> <br /> <br />