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HomeMy WebLinkAbout13-096CITY OF LAKEVILLE RESOLUTION NO. 13 -96 RESOLUTION AUTHORIZING EMPLOYEE HEALTH INSURANCE RATES FOR 2014 WHEREAS, the City Council will establish from time to time the insurance plans that will be provided; and WHEREAS, the City Council will establish the costs the City will pay for employee and dependent coverage under City group hospital, medical and surgical insurance programs; and WHEREAS, the City Council chooses to promote employee wellness; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville that the following monthly cost responsibility be adopted for the Medica health insurance plans effective January 1, 2014: MONTHLY PREMIUM COSTS Employee Employer Total Premium VEBA /HSA Funds Co -pay - Passport network Employee 336.31 371.51 707.82 EE + Child(ren) 895.29 532.80 1428.09 EE + Spouse 948.03 563.66 1511.69 Family 1169.52 696.01 1865.53 Co -pay - Elect or Essential network Employee 12.74 624.30 637.04 EE + Child(ren) 505.48 779.80 1285.28 EE + Spouse 540.05 820.47 1360.52 Family 666.32 1012.66 1678.98 High Deductible /VEBA - Passport network Employee 51.59 464.30 515.89 160.00 EE + Child(ren) 446.05 594.80 1040.85 185.00 EE + Spouse 466.31 635.47 1101.78 185.00 Family 552.01 807.66 1359.67 205.00 MONTHLY PREMIUM COSTS High Deductible /HSA - Passport network Employee Employer Total Premium VEBA /HSA Funds High Deductible /VEBA - Elect or Essential network 410.25 455.83 Employee .00 464.30 464.30 160.00 EE + Child(ren) 341.97 594.80 936.77 185.00 EE + Spouse 356.13 635.47 991.60 185.00 Family 416.04 807.66 1223.70 205.00 High Deductible /HSA - Passport network Employee 45.58 410.25 455.83 160.00 EE + Child(ren) 324.89 594.80 919.69 185.00 EE + Spouse 338.05 635.47 973.52 185.00 Family 393.74 807.66 1201.40 205.00 High Deductible /HSA - Elect or Essential network Employee .00 410.25 410.25 160.00 EE + Child(ren) 232.92 594.80 827.72 185.00 EE + Spouse 240.70 635.47 876.17 185.00 Family 273.60 807.66 1081.26 205.00 Wellness Employee only Employer match of Medica wellness gift cards up to $135. The 2014 VEBA and HSA funding will be deposited in two installments. The first six months of funding will be deposited in January and the second six months of funding will be deposited in July. Deposits for new employees will be prorated. APPROVED this 4th day of November, 2013 CITY OF LAKEVILLE Mat ittle, Mayo ATTEST: Charlene Friedges, City lerk