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HomeMy WebLinkAbout15-138CITY OF LAKEVILLE RESOLUTION NO. 15-138 Resolution Approving Employee Health and Dental Insurance Rates for 2016 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 health and dental 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 approved for the HealthPartners health insurance plans (A) and Health Partners dental insurance plan (B) effective January 1, 2016: A. Health Ins. MONTHLY PREMIUM COSTS Employee Employer Total Premium VEBA/HSA Funds Co -pay Employee 368.70 371.51 740.21 EE + Child(ren) 946.21 532.80 1479.01 EE + Spouse 1030.75 563.66 1594.41 Family 1251.48 696.01 1947.49 High Deductible/VEBA Employee 60.99 499.30 560.29 160.00 EE + Child(ren) 439.87 679.65 1119.52 185.00 EE + Spouse 469.18 737.68 1206.86 185.00 Family 547.87 926.26 1474.13 205.00 High Deductible/HSA Employee 0.00 499.30 499.30 160.00 EE + Child(ren) 317.99 679.65 997.64 185.00 EE + Spouse 337.80 737.68 1075.48 185.00 Family 387.39 926.26 1313.65 205.00 Wellness Employee Only Employer match of wellness gift cards up to $135 annually. The 2016 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. B. Dental Ins. MONTHLY PREMIUM COSTS Employee Employer Total Premium Employee 0.00 48.60 48.60 EE + 1 39.12 48.60 87.72 Family 95.48 48.60 144.08 ADOPTED by the Lakeville City Council this 2nd day of November, 2015 Matt I rttle, Mayor Charlene Friedges, C' Clerk