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<br />2008 Employee Benefit Plan <br />Review and Recommendations <br />February 13,2008 <br /> <br />Decrease in Costs to Emolovees for Deoendent Coverage <br /> <br />Based upon the current contribution structure, the City will be able to save costs with the <br />proposed SunLife dental plan for the 2008/2009 year. In turn, the City will also pass <br />along that cost savings to the employees and their families which is significant for many <br />employees. The following summarizes the monthly and the "per paycheck" costs to <br />employees and the increase with Guardian versus the decrease with SunLife: <br /> <br />Guardian <br /> <br />Spouse Coverage <br />Children Coverage <br />Family Coverage <br /> <br />Monthly <br />$19.30 <br />$30.43 <br />$4S,62 <br /> <br />Per Paycheck <br />$ 8.91 <br />$14.04 <br />$21.06 <br /> <br />Increase Per Paycheck <br />$ O.SI <br />$ 0,79 <br />$ 1.20 <br /> <br />SunLife <br /> <br />Spouse Coverage <br />Children Coverage <br />Family Coverage <br /> <br />Monthly <br />$18.0S <br />$22.3S <br />$38.40 <br /> <br />Per Paycheck <br />$ 8.33 <br />$10,32 <br />$17,72 <br /> <br />Decrease Per Paycheck <br />$ 0.08 <br />$ 2.93 <br />$ 2.IS <br /> <br />Benefit Comoarison <br /> <br />The following summarizes the very similar benefit plans with the two dental insurers: <br /> <br /> Guardian SunLife <br />In-Network Deductible $0 $0 <br />Out-of-Network $SO/Individual ; $SO/Individual ; <br />Deductible $ISO/Family $ISO/Family <br />Annual Maximum $I,SOO $I,SOO <br /> In- Out-of- In- Out-of- <br /> Network Network Network Network <br />Preventative 100% 100% 100% 100% <br />Basic 100% 80% 100% 80% <br />Major 60% SO% 60% SO% <br />Orthodontic SO% SO% 60% SO% <br />($1,000 Lifetime Max) <br />Maximum Rollover Yes Yes <br />Benefit <br /> <br />Page 10 <br />