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HomeMy WebLinkAbout17-135CITY OF LAKEVILLE RESOLUTION NO. 17-135 Resolution Approving Multiyear Health Plan Agreement and Employee Health and Dental Insurance Rates for 2018 WHEREAS, HealthPartners, Inc. offered a guaranteed rate cap of 9% for 2019 health insurance to the City of Lakeville to provide stability and predictability to the costs of providing high quality health care benefits; and WHEREAS, the City Council will establish 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 the City Council of the City of Lakeville approves a multiyear agreement with HealthPartners to bring consistency and predictability to the costs of providing health insurance for city employees and their families. BE IT FURTHER RESOLVED by the City Council of the City of Lakeville that the following monthly cost responsibility is approved for the HealthPartners health insurance plans (A) and Health Partners dental insurance plan (B) effective January 1, 2018: A. Health Ins. MONTHLY PREMIUM COSTS Employee Employer Total Premium VEBA/HSA Funds High Deductible/VERA Employee 50.19 565.31 615.50 160.00 EE + Child(ren) 483.57 745.06 1228.63 185.00 EE + Spouse 517.00 808.78 1325.78 185.00 Family 606.27 1013.11 1619.38 205.00 High Deductible/HSA Employee 0.00 565.31 565.31 160.00 EE + Child(ren) 383.38 745.06 1128.44 185.00 EE + Spouse 408.89 808.78 1217.67 185.00 Family 474.22 1013.11 1487.33 205.00 The 2018 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 49.57 49.57 EE + 1 39.90 49.57 89.47 Family 97.39 49.57 146.96 ADOPTED by the Lakeville City Council this 2nd day of October 2017 Lvv At Charlene Friedges, City Cle