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City of <br /> Pequot <br /> Lakes — - <br /> MEMORANDUM <br /> TO: City Council <br /> FROM: Nancy Malecha, City Administrator <br /> SUBJECT: 2020 Health Insurance Premiums <br /> DATE: November 19, 2019 <br /> For 2020, the health insurance premiums for the HealthPartners Empower $2,800 HSA Plan will <br /> increase by 13.02% from 2019. The premium breakdown is as follows. <br /> HSA Plan <br /> Family Rate= $1,190.67 per employee per month <br /> Employer's Share is 85% _ $1,012.07 per month <br /> Employee's Share is 15% _ $178.60 per month <br /> Employer's HSA Contribution= $200-$225 per month <br /> Single Rate= $851.00 per employee per month <br /> Employer's Share is 85% _ $723.36 per month <br /> Employee's Share is 15%_ $127.64 per month <br /> Employer's HSA Contribution= $150 per month <br /> If you have any questions, let me know. <br />