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HomeMy WebLinkAbout2024-109CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO.2024-109 A RESOLUTIONAPPROVING HEALTHCARE PLANAND ESTABLISHING CITY CONTRIBUTION AMO UNTS TO EMPLOYEE HEALTH INSURANCE BENEFITS FOR 2025 WHEREAS, the Lake Elmo City Council has determined that it is in the best interest of the City to provide a health insurance plan to help maintain the health of its current employees and to enable the city to attract and retain a quality workforce; and WHEREAS, it is now necessary to determine the medical insurance plan and contributions to premium costs for the period from l/l/2025 to 12/31/2025; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF LAKE ELMO, WASHINGTON COUNTY, MINNESOTA, that it should and hereby does approve the PEIP Advantage Plan for the period of l/l/25 to 12/31/25; and FURTHER BE IT RESOLVED, that for calendar year 2025, the City of Lake Elmo's contribution towards the cost of providing health insurance benefits through PEIP shall be as follows: High Plan: 100% of premium for single coverage and 80% of premium for family coverage. HSA Plan: 100% of premium for single coverage and $125/month to HSA; 95% of premium for family coverage and $250/month to HSA. This resolution was adopted by the City Council of the City of Lake Elmo on this 15th day of October, 2024. d C arles Cadenhead, Mayor ATTEST: AqCAZ7� - J lie ohns , 4Cleric