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HomeMy WebLinkAbout20-108CITY OF LAKEVILLE RESOLUTION NO. 20-108 RESOLUTION APPROVING EMPLOYEE HEALTH AND DENTAL INSURANCE RATES FOR 2021 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 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, 2021: A. Health Ins. MONTHLY PREMIUM COSTS Employee Employer Total Premium VEBA/HSA Funds High Deductible/VESA Employee 50.23 593.28 643.51 160.00 EE + Child(ren) 511.57 772.97 1284.54 185.00 EE + Spouse 547.22 838.90 1386.12 185.00 Family 643.18 1049.90 1693.08 205.00 High Deductible/HSA Employee 0.00 593.28 593.28 160.00 EE + Child(ren) 411.30 772.97 1184.27 185.00 EE + Spouse 439.01 838.90 1277.91 185.00 Family 511.01 1049.90 1560.91 205.00 The 2021 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 51.74 51.74 EE + 1 41.64 51.74 93.38 Family 101.65 51.74 153.39 ADOPTED by the Lakeville City Council this 21St day of September 2020 T' c Douglas P. Anderson, Mayor f Charlene Friedges, City Cle