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BCBS $2500/$5000 Ded Plan w/VEBA BCBS $4000/8000 Ded Plan w/VEBA Family Plans (Per Month) BCBS 100°o $30 00 co -pay BCBS $1500/$3000 Ded Plan w/VEBA BCBS $2500/$5000 Ded Plan w/VEBA BCBS $4000/8000 Ded Plan w/VEBA $1,409.00 $857.00 $552.00 $160.00 $1,017.00 $1,242.50 $857.00 $385.50 $160.00 $1,017.00 $2,232.00 $831.56 $1,400.44 NA $831.56 $1,893.50 $1,101.00 $792.50 $192.00 $1,293.00 $1,744.50 $1,101.00 $643.50 $192.00 $1,293.00 $1,538.50 $1,101.00 $437.50 $192.00 $1,293.00 **The City's 2013 VEBA contribution includes the $4 30 monthly claims fee Observations/Alternatives: Consider approving some, but not all of the recommendations listed below. Such as: Approving an increase to health insurance, but not reinstating the waiving benefit or a combination thereof Approving a cost of living adjustment, but not the proposed health insurance increase Approving another combination of options - as per discussion during the Personnel Committee meeting Pros: Possible near -term monetary savings to the city Cons: 1) Opposes the approved budget -- the City strives to accurately budget the personnel costs associated with the next budget cycle and the City Council approves the budgets based on discussion during the budgeting process, 2) may prolong the negotiations process with the unions, 3) lowers the value of employees' total compensation. Recommendation: To approve resolution XX-XX-XXX, which upon City Council approval, will authorize the above listed non -union city health insurance contributions, the option to waive health insurance in exchange for a cash benefit and to increase the non -union wage scale by one percent (1 %). Funding Source: Funding for both city contributions to health insurance and cost of living adjustment are included in the 2013 general and enterprise fund budget. Council Action: Motion to recommend City Council adopt a resolution ... (based on discussion) Summary of Benefits - Health Ins. Summary of Benefits - Life Insurance Supporting COLA Documentation Proposed Health Ins. Contributions Attachments Form Review Inbox Reviewed By Date Kurt Ulrich Kurt Ulrich 01/17/2013 01:37 PM Form Started By: Colleen Lasher Started On: 01/09/2013 11:03 Ai l Final Approval Date: 01/17/2013