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HomeMy WebLinkAbout19-105CITY OF LAKEVILLE RESOLUTION NO. 19-105 RESOLUTION APPROVING EMPLOYEE HEALTH AND DENTAL INSURANCE RATES FOR 2020 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 our employees and their families; and BE IT FURTHER RESOLVED 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, 2020: A. Health Ins. MONTHLY PREMIUM COSTS Employee Employer Total Premium VEBA/HSA Funds High Deductible/VEBA Employee 49.25 557.19 606.44 160.00 EE + Child(ren) 473.59 736.95 1210.54 185.00 EE + Spouse 506.23 800.03 1306.26 185.00 Family 593.11 1002.43 1595.54 205.00 High Deductible/HSA Employee 0.00 557.19 557.19 160.00 EE + Child(ren) 375.28 736.95 1112.23 185.00 EE + Spouse 400.15 800.03 1200.18 185.00 Family 463.54 1002.43 1465.97 205.00 The 2020 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 49.75 49.75 EE + 1 40.04 49.75 89.79 Family 97.74 49.75 147.49 ADOPTED by the Lakeville City Council this 16`h day of September 2019 Douglas P. Anderson, Mayor Charlene Friedges, City