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MEMORANDUM <br /> TO: MAYOR AND COUNCIL <br /> FROM: SANDY PEINE <br /> DATE: NOVEMBER 9, 2004 <br /> SUBJECT: HEALTH INSURANCE <br /> The City has recently joined the North Central Service Cooperative. This <br /> cooperative provides group employee health benefits for governmental <br /> employees. The Service Coop provides the same level of health insurance to <br /> employees but at a lower premium than we were currently paying. The <br /> health insurance plan is not age based. The premium is based on a single rate <br /> or a family rate. The rates are $426 per month for single coverage and <br /> $599.50 per month for family coverage. <br /> The proposed 2005 budget includes a figure of$600 per month for family <br /> coverage. Attached is a sheet showing different health insurance proposal <br /> scenarios. The Council should decide what level of benefit the City should <br /> provide to employees. <br /> CAMy Documents\City Clerk\Council Meetings\110904\Health Insurance.doc <br />