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Agenda - Council - 12/15/2020 - Special
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Agenda - Council - 12/15/2020 - Special
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3/17/2025 2:11:31 PM
Creation date
12/14/2020 2:54:26 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Title
Special
Document Date
12/15/2020
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the imposition of premium taxes under the Affordable Care Act, the Total Monthly <br />0. Reduction in Premium Due to Change in Insurance Band <br />If the total premium cost of the Perform Network decreases in 2020 due to the City being <br />rated in a different insurance band or classification, the Total Monthly City <br />Contribution described in Paragraph A, above, will be adjusted as follows: <br />Network premium, not to exceed the amount described in Paragraph A. <br />the Perform Network premium. <br />o •0% of the cost of <br />• Employee and Spouse: The City's contribution will be reduced to 60% of the cost of <br />the Perform Network premium. <br />0 <br />Network premium. <br />O. Increase in Premium Due to Imposition of Taxes Under the Affordable Care Act <br />Paragraph A, above, will be adjusted as follows: <br />• <br />A, plus the total increase in the premium cost for single coverage under the Perform <br />Network due to the imposition of taxes under the Affordable Care Act. <br />• Employee and Children: The City will contribute the amount described in Paragraph <br />A, plus 60% of the increase in the premium cost f: • . - - ' : •- - •., <br />under the Perform Network due to the imposition of taxes under the Affordable Care <br />• Employee and Spouse: The City will contribute the amount described in Paragraph A, <br />0 <br />under the Perform Network due to the imposition of taxes under the Affordable Care <br />Ae <br />Family: The City will contribute the amount described in Paragraph A, plus 60% of <br />r r r r r f. •r ■a ■■ � r • s a + ■ ++ ■ ■l � ■ � � � �. a �. r f E �. <br />si o � es-un • Affordable Care Act. <br />0. Application of Paragraphs 1 and 2. In 2020, if the total premium cost for the Perform <br />19 <br />
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