Agenda - Council Work Session - 05/25/2021

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MEMO TTM OF UNDERS TANDIN G BETWEEN THE CITY OF RAMSEY AND LAW ENFORCEMENT LABOR SERVICES -CAPTAINS M, O.Ut INSURANCE January 1, 2021 to December 31, 2021 as described below: 1) City total monthly contributions for 2021 health insurance, as follows: The employetwill make the following contributions toward group health insurance coverage for employees enrolled in the City's health plan during 2021, In addition, the City will purchase $20,000 of basic life insurance for hill -time regular employees. The City's monthly contribution to health insurance in 2021, including the contribution to the health insurance premium and the H.R.AJV.E.B,A. or H.S.A. (total city contribution per month) are listed below. Total Monthly City Contributions Employee only (single) City contribution from: $949.00 to $1034.50 • Employee and Children City contribution: $1246.00 9 Employee and Spouse City contribution: $13 0 0.3 0 • Family City contribution: $1603.80 Total monthly city contributions listed above include the H.R.A.I .E.B .A. or H.S.A. shown below, as follows: • Single plans with a $4000 deductible receive $194.00 per month toward the HLR►A. .B.B.A. or H.S.A. • Other single plans receive $130.00 per n .onth toward the H.R.A.N.E.B.A, or H.S.A. • All employee + children and employee + spouse plans will receive $160.00 per month .toward the H.R.A./V,E.B.A. or H.S.A., - All family plans will receive $192,00 per month toward the H.R.A..E.B.A. or H.S.A., Or Provide cash in lieu of City's insurance contribution of $370 per month in 2021. Employees receiving the waiving benefit prior to 2013 will continue to be grandfathered in to the waiving benefit, Other employees to the program are subject to the following teens: Employee .must show proof of other coverage and agrees to the terms of the waiving benefit as described within the City's policy, signing the acknowledgement fog. - 16