Agenda - Council - 11/23/2021 - Laserfiche WebLink

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The City's monthly contribution to health insurance premiums in 2022, not including contributions to the H.R.A./V.E.B.A. or H.S.A. are listed below. Monthly City Contributions to Premiums • Employee only (single) City contribution, not to exceed $877.50; and • Employee and Children City contribution is $1053.30; and • Employee and Spouse City contribution is $1106.10; and • Family City contribution is $1369.50; and In addition to the premium contributions listed above, the city will contribute the following to the H.R.A./V.E.B.A. or H.S.A. shown below, as follows: • Single plans with a $4000 deductible receive $194.00 per month toward the H.R.A./V.E.B.A. or H.S.A. • Other single plans receive $130.00 per month toward the H.R.A./V.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./V.E.B.A. or H.S.A. Or The Employer will pay $370 per month in 2022 in lieu of all insurance benefits provided in this Section for employees who waive such coverage. 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 terms: Employee must agree to the terms of the waiving benefit as described within the City's policy and signs the acknowledgement form. City total monthly contributions for 2023 and 2024 health insurance: The employer will make the following contributions toward group health insurance coverage for employees enrolled in the City's health plan during 2023 and 2024. In addition, the City will purchase $20,000 of basic life insurance for full-time regular employees. The City's monthly contribution to health insurance premiums in 2023 and 2024, not including contributions to the H.R.A./V.E.B.A. or H.S.A. are listed below. Monthly City Contributions to Premiums • Employee only (single) City contribution will be paid at the dollar value equal to the $2500 Deductible Perform Network plan full premium, but not to exceed $960.86 in 2023 and not to exceed $1052.14 in 2024; and • Employee and Children City contributions will be paid at the dollar value equal to 60% of the $2500 Deductible Perform Network plan full Resolution #21-335