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City of <br /> PEQUOT <br /> LAKES <br /> MEMORANDUM <br /> To: City Council <br /> From: Nancy Malecha, Deputy City Clerk <br /> Subject: Flexible Spending Account Plan <br /> Date: November 15, 2006 <br /> In 2004, the City of Pequot Lakes implemented a flexible spending account plan with <br /> BCBS and MII Life/SelectAccount. <br /> Due to the recent change in the City's health insurance carrier, I am asking permission to <br /> change our flexible spending account plan to HealthPartners Empower FSA Plan <br /> �. effective January 1, 2007. This change will save the City approximately$500 per year in <br /> annual fees. <br /> Thank you! <br />