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<br />2008 Employee Benefit Plan <br />Review and Recommendations <br />February 13,2008 <br /> <br />Overall Cost & Cost to the Citv <br /> <br />Guardian Dental Plan <br />Assuming the current enrollment does not change, the overall annual cost of the current <br />plan versus the renewal is: <br /> <br />Guardian Current (2007/2008) <br /> <br />$110,973 <br /> <br />Guardian Renewal (2008/2009) <br /> <br />$117,633 <br /> <br />Increase of $6,660 annually <br /> <br />Assuming that the City continues to pay 100% of the employee premium and 50% of the <br />dependent premium, and that current enrollment does not change, the City's costs for the <br />current plan versus the renewal are: <br /> <br />Guardian Current (2007/2008) <br /> <br />$82,768 <br /> <br />Guardian Renewal (2008/2009) <br /> <br />$87,738 <br /> <br />Increase of $4,970 annually <br /> <br />SunLife Dental Plan <br />Assuming the current enrollment does not change, the overall annual cost of the current <br />plan versus the proposed SunLife plan is: <br /> <br />Guardian Current (2007/2008) <br /> <br />$110,973 <br /> <br />SunLife Proposal (2008/2009) <br /> <br />$101,355 <br /> <br />Decrease of$9,618 annually <br /> <br />Assuming that the City continues to pay 100% of the employee premium and 50% of the <br />dependent premium, and that current enrollment does not change, the City's costs for the <br />current plan versus the proposed SunLife plan are: <br /> <br />Guardian Current (2007/2008) <br /> <br />$82,768 <br /> <br />SunLife Proposal (2008/2009) <br /> <br />$76,346 <br /> <br />Decrease of $6,422 annually <br /> <br />Page 9 <br />