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Insurance Summary 2025 <br />Provider <br />Insurance Type <br />Summary <br />The recommendation is to remain with United Healthcare for <br />medical insurance. This is our first renewal with United <br />Healthcare. The current total loss ratio for claims through <br />August 2024 is 83.3%, with six claimants exceeding <br />$50,000. While the initial renewal formula accounted for a <br />United <br />12% medical and Rx trend and required an <br />Healthcare <br />Medical <br />overall 27% increase, Brown & Brown successfully negotiated <br />a 0% increase for the renewal. <br />Additionally, the renewal includes a $15,000 wellness fund for <br />the March 1, 2025, policy year. <br />Approximate annual amount* of $3,353.024 <br />United Healthcare Dental has extended their current rates at <br />United <br />no additional cost. <br />Healthcare <br />Dental <br />Dental <br />Approximate annual amount* of $159,568 <br />Eyemed has extended their current rates at no additional cost. <br />EyeMed <br />Vision <br />Approximate annual amount* of $20,456 <br />Life; Accidental <br />Mutual of Omaha has extended their current rates at no <br />Death & <br />additional cost. Approximate annual amount* of $101,455 <br />Mutual of <br />Dismemberment; <br />Omaha <br />Long -Term <br />Disability <br />Mutual of Omaha has extended their current rates at no <br />Voluntary Short <br />additional cost. Approximate annual amount* of $60,000.00 <br />Mutual of <br />Term Disability and <br />Omaha <br />Voluntary Life <br />Voluntary Short -Term Disability and Voluntary Life Insurance <br />Insurance <br />is at the sole cost of the employee. <br />*Please note that annual amount presented is an approximation based on current enrollment of active <br />employees, COBRA participants and retirees. Amounts may vary or fluctuate throughout the plan year <br />based on new enrollments, addition of dependents or IRS allowed plan changes. <br />363 <br />