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10.01 Health Insurance Plan Changes
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11-07-2017 City Council Meeting
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10.01 Health Insurance Plan Changes
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AGENDA ITEM #10.1 <br /> city of <br /> Pe uot <br /> q <br /> Lakes — - <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: November 7, 2017 <br /> Subiect: Health Insurance Plan Changes <br /> Report: The City currently has two health insurance plans for <br /> employees to choose from. The HealthPartners $1,500 Deductible <br /> Three for Free Plan and the HealthPartners HSA $2,600 Embedded <br /> Deductible Plan through the National Joint Powers Alliance <br /> (NJPA). In August, NJPA informed the City of a health insurance <br /> premium increase of 8.92% for 2018; however, they noted that if <br /> the City decreased its plan options from two to one, the premium <br /> increase would reduce to 6.87%. <br /> In September, I notified all employees of the two premium <br /> increase options and Staff overwhelming supported the <br /> cancellation of the HealthPartners $1,500 Deductible Three for <br /> Free Plan in an effort to save on premiums for employees and the <br /> City. <br /> Council Action Requested: Council motion cancelling the <br /> HealthPartners $1,500 Deductible Three for Free Plan effective <br /> 1-1-18. <br />
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