HomeMy WebLinkAbout1994 Resolution No. 089•
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RESOLUTION NO. a
SERIES OF 1994
A RESOLUTION APPROVING HF.Al.TH AND DENTAL INSURANCE COSTS FOR
POLICE, FIRE, GENERAL SERVICES, CONFIDENTIAL, A.VO PART-TIME
BENEFITS-ELIGIBLE EMPLOYEES OF THE CITY OF ENGLEWOOD FOR THE YEAR
1995.
WHEREAS, under the Compensation and Benefits Plan for these employees, the
Englewood City Council desires t,, establish the insurance rates for the year 1995 ;
NOW, THEREFORE, BE IT RESOLVZD BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, THAT :
&dism..l. For all full -ti me employees of the City of Englewood the Ci ty will pay 85% per
month of the premium cost for dependent and single coverage . Employees will pay 15% of
the monthly premium cost for single and dependent coverage. The costs t,, be paid by said
employees for health and dental insurance cov erage shall be as follow s :
City Self-Funded -Medical ·
$28 .39/month for sinsle co ve rage.
$84 .07/month for family cove rage.
Comnrec:ore ·
$> 8.41/I!l onth for single coverage .
$". 9.41/month for fanily coverage.
Qjty Self-t)rnded -Dental ·
$3 .90/month for single coverage.
$12.07/month for family coverage.
~-For all part-time benefits-eligible employees of the City of Englewood the t,,tal
premium costs t,, be paid by said employees for health and dental insurance shall be as
follows :
City Self-Funded · Medical·
$108 .84/month for singie coverage .
$322 .26/mr.ilth for family coverage .
Comorecare ·
$108.69/month for single coverage .
$304 .41/month for family coverage.
City Self-Funded · ~
$14 .94/month for single cove rag e.
$46.29/month for family cove rage.
ADOPTED AND APPROVED this 5th day ofDecember, 1994 .
5~(1~ ~~ ThomasJ. Bum.itaJOr
Loucrishia A. Ellis, City Cle rk
I, Loucrishia A. Elli s, City Clerk fo!Jlie City of Englewood, Colorado , hereby certify th e .,,.., ;,. ~• ~, °'"'"'"~ No>;C s.;,, O '"'· ~~ !t' ~. •
Loucri ab.ia A. Ellis
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COUNCIL COMMlJNICA TION
Dat e Age nd a It em Subjed
Dece mber 19. 1994 1 58.cf 1995 In surance Premiums fo r
City Emp loyees
Initiated By Staff Source
Depanment of Admin istrative Service s Tom Kcr shisnik , Manager of Ad min istrative
Operations
COUNC IL GOAL A 'D PREVIO S COUNC IL ACT IO N
The previous re so luti ons for the em ployee groups desc ribed be low were approved in 1993 and were
effective fo r the time perio d from Jan uary I. 1994 through December 31, 1994 .
RECOMMENDED ACTION
tatT se eks Council suppon fo r a re so lution approvi ng 1995 premium rate s fo r health and dental
insurance pro gram s offe red to all full-time and pan-tim e benefits-eligible emplo ees of the Cit y of
Englewood .
BAC KGRO UN D, ANALYS IS, A D AL TERNATfVES IDE NTIF IED
The City of Engle wo od has estab li shed med ical and dental insurance premiums for 1995 . Premiums for
the self-fun ded med ical and Co mprecare proiram seach reflec t an increase of 15% ove r the 1994 rates .
Premium s for the se lf-funded dental program reflect an increase of I 0% o ,or th e 1994 rate s. The se
incr~ases are bei ng im ple mented in order to ensu re full funding of the level of health and dental care
b,,ne fit s provided to the Ci ty's empl oyees.
The cos t of medical and dental care provided through the self-insured prog ran1 s has increased at ave rage
armual rate s of approximatel y 15% and 10% per empl oyee, re spec tively . Co mprecare premium s,
inclu din g costs associate d with admini stering the program . have foi lowed similar trends ove r tim e. This
ove rall experience is be low th e industry norms as a res ult of effons to control costs through emphasi s on
programs such as empl oyee welln ess , which included the implementation of an emplo yee assistance
program as of No vember I , 1994 . In addition , program s directed toward mi "i1,1izing admi nistrative-
type co sts, produced sav in gs of approx im atel y $75 ,000 in 1994 .
In spite of con tinued inflationo.rv cost pressures and cost impacts resulting from the demographic
characteristics of our workfare . the !eve of health and dental care benefits provided to City employees bas been mainrainc.:I . •
FINANCIAL IMPACT
Fu.nds for these rates were appropriated bye.sch department in the 1995 budget. The rates are necessary
in order to achieve the established City/employee cost sharin g relationship for these benefit programs .
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