Laserfiche WebLink
ce+ ceeezneuk <br />515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(612) 484 -2177 / FAX: (612) 484 -4538 <br />March 17, 1995 <br />TO: Mayor Fahey and Members of the City Council <br />FROM: Joel R. Hanson, City Administrator <br />RE: Employee Health Insurance <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R Hanson <br />Currently, Medica provides health insurance coverage for City <br />employees. The City pays the single coverage and caps its <br />payment for family coverage at $318.00 per month. This resulted <br />in a monthly employee cost of $41.00. <br />Our renewal was effective on March 1st. With the rate increases <br />received, the monthly cost to employees with dependent coverage <br />has increased to $94.21 per month (130 %). Other coverage options <br />and providers were then investigated. <br />Based on quotations received and the request of our employees, I <br />am recommending we change health insurance providers effective <br />April 1st. The new provider would be Health Partners with their <br />Mayo /Triple Choice Option. The monthly cost to the employees <br />will decline to $35.41 by making the change. The City will also <br />save some dollars on the coverage we provide to employee -only <br />accounts. <br />The employees have also requested that the City use these <br />additional savings to share in the employees' added cost for the <br />month of March. (Difference between $94.21 and $41.00 or <br />$53.21.) This impacts seven employees and would equal $372.47. <br />This would be a nice gesture on the City's part and is more than <br />offset by the savings we realize from this change. I would <br />recommend we offset the full amount for the month of March. <br />Page 66 <br />