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City Council Minutes <br />October 5, 2010 <br />Page 5 of 12 <br />associated with the plan. The Clerk reviewed the recommendation from <br />the Committee. <br />• $1500/$3000 Deductible Three for Free Plan <br />• The City pays 85% of the plan premium and the employee pays <br />15% of the plan premium <br />• HSA $2500/$5000 Deductible Health Plan <br />• The City pays 85% of the plan premium and the employee pays <br />15% of the plan premium <br />• In January 2011, the City will make a HSA contribution of <br />$2,000 for each single contract and $3,400 for each family <br />contract (This one time up -front payment is an incentive for <br />employees to consider an HSA health plan). <br />• In 2012 and beyond, the City will make monthly HSA <br />contributions of $150 per month for each single contract and <br />$200 per month for each family contract <br />The Clerk noted that, if the Council moves forward with these two plans, <br />open enrollment will begin on November 1St, and run through November <br />30tH <br />COUNCIL MEMBER RYAN MOVED TO APPROVE THE TWO HEALTH <br />PLANS AS RECOMMENDED BY THE HEALTH INSURANCE <br />COMMITTEE AS FOLLOWS: <br />$1500/$3000 DEDUCTIBLE THREE FOR FREE PLAN <br />• THE CITY PAYS 85% OF THE PLAN PREMIUM AND THE <br />EMPLOYEE PAYS 15% OF THE PLAN PREMIUM <br />HSA $2500/$5000 DEDUCTIBLE HEALTH PLAN <br />• THE CITY PAYS 85% OF THE PLAN PREMIUM AND THE <br />EMPLOYEE PAYS 15% OF THE PLAN PREMIUM <br />• IN JANUARY 2011, THE CITY WILL MAKE A HSA CONTRIBUTION <br />OF $2,000 FOR EACH SINGLE CONTRACT AND $3,400 FOR EACH <br />FAMILY CONTRACT (THIS ONE TIME UP -FRONT PAYMENT IS AN <br />