HomeMy WebLinkAbout23-103 Health Insurance Rates 2024
CITY OF LAKEVILLE
RESOLUTION NO. 23-103
Resolution Approving Employee Health and Dental Insurance Rates for 2024
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 Minnesota Healthcare Consortium
(MHC) health insurance plans (A) and Health Partners dental insurance plan (B) effective
January 1, 2024:
A. Minnesota Healthcare Consortium (MHC) Health Insurance Plans
Park Nicollet First ACO MONTHLY PREMIUM COSTS
Employee Employer Total Premium VEBA/HSA Funds
High Deductible/VEBA
Employee 37.66 724.82 762.48 176.67
EE + Child(ren) 509.23 1,012.78 1,522.01 218.33
EE + Spouse 549.49 1,092.87 1,642.36 218.33
Family 671.17 1,334.89 2,006.06 238.33
High Deductible/HSA
Employee 0.00 724.82 724.82 176.67
EE + Child(ren) 434.05 1,012.78 1,446.83 218.33
EE + Spouse 468.37 1,092.87 1,561.24 218.33
Family 572.09 1,334.89 1,906.98 238.33
VantagePlus ACO MONTHLY PREMIUM COSTS
Employee Employer Total Premium VEBA/HSA Funds
High Deductible/VEBA
Employee 54.99 724.82 779.81 176.67
EE + Child(ren) 543.83 1,012.78 1,556.61 218.33
EE + Spouse 586.81 1,092.87 1,679.68 218.33
Family 716.76 1,334.89 2,051.65 238.33
High Deductible/HSA
Employee 16.48 724.82 741.30 176.67
EE + Child(ren) 466.94 1,012.78 1,479.72 218.33
EE + Spouse 503.85 1,092.87 1,596.72 218.33
Family 615.43 1,334.89 1,950.32 238.33
Medica Elect MONTHLY PREMIUM COSTS
Employee Employer Total Premium VEBA/HSA Funds
High Deductible/VEBA
Employee 80.98 724.82 805.80 176.67
EE + Child(ren) 595.73 1,012.78 1,608.51 218.33
EE + Spouse 642.82 1,092.87 1,735.69 218.33
Family 785.16 1,334.89 2,120.05 238.33
High Deductible/HSA
Employee 41.18 724.82 766.00 176.67
EE + Child(ren) 516.26 1,012.78 1,529.04 218.33
EE + Spouse 557.07 1,092.87 1,649.94 218.33
Family 680.45 1,334.89 2,015.34 238.33
Medica Choice Passport MONTHLY PREMIUM COSTS
Employee Employer Total Premium VEBA/HSA Funds
High Deductible/VEBA
Employee 141.63 724.82 866.45 176.67
EE + Child(ren) 716.78 1,012.78 1,729.56 218.33
EE + Spouse 773.45 1,092.87 1,866.32 218.33
Family 944.73 1,334.89 2,279.62 238.33
High Deductible/HSA
Employee 98.84 724.82 823.66 176.67
EE + Child(ren) 631.35 1,012.78 1,644.13 218.33
EE + Spouse 681.27 1,092.87 1,774.14 218.33
Family 832.13 1,334.89 2,167.02 238.33
The 2024 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.
Employer 6-month contribution January and July
Employee $1,060.00
Employee + child(ren) $1,310.00
Employee + spouse $1,310.00
Family $1,430.00
B. HealthPartners Dental Insurance
MONTHLY PREMIUM COSTS
Employee Employer Total Premium
Employee 0.00 55.69 55.69
EE + 1 44.83 55.69 100.52
Family 109.42 55.69 165.11
ADOPTED by the Lakeville City Council this 25th day of September 2023.
______________________________
Luke M. Hellier, Mayor
_________________________________
Ann Orlofsky, City Clerk