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#03 - 2025 Medical Insurance Renewals
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#03 - 2025 Medical Insurance Renewals
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CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 2024-109 <br /> <br />A RESOLUTION APPROVING HEALTH CARE PLAN AND ESTABLISHING CITY <br />CONTRIBUTION AMOUNTS TO EMPLOYEE HEALTH INSURANCE BENEFITS FOR 2025 <br /> <br />WHEREAS, the Lake Elmo City Council has determined that it is in the best interest of <br />the City to provide a health insurance plan to help maintain the health of its current <br />employees and to enable the city to attract and retain a quality workforce; and <br /> <br />WHEREAS, it is now necessary to determine the medical insurance plan and <br />contributions to premium costs for the period from 1/1/2025 to 12/31/2025; <br /> <br />NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL <br />OF THE CITY OF LAKE ELMO, WASHINGTON COUNTY, MINNESOTA, that <br />it should and hereby does approve the PEIP Advantage Plan for the period of 1/1/25 to <br />12/31/25; and <br /> <br />FURTHER BE IT RESOLVED, that for calendar year 2025, the City of Lake Elmo’s <br />contribution towards the cost of providing health insurance benefits through PEIP shall <br />be as follows: <br /> <br />High Plan: 100% of premium for single coverage and 80% of premium for <br />family coverage. <br />HSA Plan: 100% of premium for single coverage and $125/month to HSA; <br />95% of premium for family coverage and $250/month to HSA. <br /> <br /> <br />This resolution was adopted by the City Council of the City of Lake Elmo on this 15th day of <br />October, 2024. <br /> <br /> <br /> <br /> _____________________________ <br /> Charles Cadenhead, Mayor <br /> <br />ATTEST: <br /> <br /> <br />___________________________ <br />Julie Johnson, City Clerk
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