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01-9061r 4 RESOLUTION NO. 9061 RESOLUTION DESIGNATING CITY'S CONTRIBUTION TOWARD HEALTH, TERM LIFE AND DENTAL INSURANCE PREMIUM FOR MANAGEMENT AND GENERAL SERVICES EMPLOYEES WHEREAS, the hospital-medical/surgical group health insurance plan is available from the LOGIS Health Insurance Program for City employees and their families; and WHEREAS, a term life and accidental death and dismemberment insurance plan is available from the Local Government Information Systems Association (LOGIS) for City employees; and WHEREAS, a self-funded group dental insurance plan is available to City Management and General Services employees and their families; and WHEREAS, a group short-term and long-term disability program is available to City Management and General Services employees; and WHEREAS, the City Council is required to determine by resolution the City's contribution toward the premium for employee group insurance coverages. NOW, THEREFORE, BE IT RESOLVED that the City shall contribute a maximum of $475 per month for family health insurance, and in any event, said contributions shall not exceed the cost of single coverage for employees selecting that option. The City shall give to full-time employees not participating in the City's health plan, a sum of $50 per month which will be taxed as regular income. The City shall also pay the $25 monthly premium for the employee dental insurance plan, and the $4.88 monthly premium for the term life and accidental death and dismemberment insurance plan for Management and General Services employees, for a total possible maximum 2001 insurance premium contribution of $504.88 per month. Such contributions shall be for coverage effective August 1, 2001. BE IT FURTHER RESOLVED that the City shall contribute the full cost of long-term disability insurance for the fulltime Management and General Services employees' coverage. BE IT FURTHER RESOLVED that the City Council shall determine the City's contribution toward insurance premiums for all organized employee groups by the adoption of the appropriate resolutions concerning labor contracts with the respective organized employee groups. Adopted by the City Council of the City of Richfield, Minnesota this 23rd day of July 2001. . . ... \ / - /J M~~~ Martin J. Kirs ,Mayor Attachment 1 The City's Contribution Toward Dependent Health Insurance as a Percent of Total Premium Co: YEAR HEAL TH DEPENDENT CITY CONTRIBUTION CITY CONTRIBUTION PLAN PREMIUM MGMT./GEN. SVCS AVERAGE % OF COST PREMIUM 1992 MEDICA $399.00 $255.00 MCHP $389.35 $255.00 66% GHI $356.76 $255.00 1993 MEDICA $430.92 $285.00 MCHP $437.25 $285.00 68% GHI $397.48 $285.00 1994 MEDICA $449.05 $315.00 MCHP $478.35 $315.00 69.5% GHI $431.44 $315.00 1995 MEDICA $449.05 $335.00 MCHP $478.35 $335.00 72% GHI $465.86 $335.00 1996 MEDICA $449.03 $345.00 MCHP $464.63 $345.00 76% GHI $443.32 $345.00 1997 MEDICA $490.85 $365.00 MCHP $451.86 $365.00 81% GHI $417.43 $365.00 1998 MEDICA $544.00 $395.00 MCHP $484.67 $395.00 79% GHI $466.74 $395.00 1999 MEDICA High Option $524.92 $415.00 79% Low Option $480.31 $415.00 86% 2000 MEDICA High Option * Employee + Spouse $524 $435 83% * Employee + Children $495 $435 88% * Family $646.96 $435 67% Elect Option * Employee + Spouse $469.87 $435 93% * Employee + Children $443.87 $435 98% * Family $580.13 $435 87% Low Option * Employee + Spouse $479.46 $435 91% * Employee + Children $452.93 $435 96% * Family $591.97 $435 73% 2001 MEDICA High Option * Employee + Spouse $586.98 $455 78% * Employee + Children $554.50 $455 82% * Family $724.72 $455 63% Elect Option * Employee + Spouse $536.18 $455 85% * Employee + Children $506.50 $455 90% * Family $661.99 $455 69% Low Option * Employee + Spouse $546.93 $455 83% * Employee + Children $516.66 $455 88% * Family $675.28 $455 67% 2001 Increase MEDICA High Option * Employee + Spouse $586.98 $475 81% * Employee + Children $554.50 $475 86% * Family $724.72 $475 66% Elect Option * Employee + Spouse $536.18 $475 89% * Employee + Children $506.50 $475 94% * Family $661.99 $475 72% Low Option * Employee + Spouse $546.93 $475 87% * Employee + Children $516.66 $475 92% * Family $675.28 $475 70%