Reso 2008-1243 - Laserfiche WebLink

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in both health and dental (and for health that it be a national provider), a renewal increase that is under the given industry standard renewal increase, and'have minimal impact on employees, the review team fully concurs with the Brown & Brown recommendations. These recommendations are as follows: regarding health insurance, remain with United Health Care (UHC) with an 11 % rate increase (under industry standard) and retain the current HMO plan and the "pay-up" POS plan and, in addition, in order to provide a more affordable Family Plan option for employees who might otherwise not be able to afford the UHC Family Plan, offer the lower cost Neighborhood Health Plan (a non-national, local subsidiary of UHC) as a voluntary option; Regarding dental insurance, switch from Guardian to Sun Life (with an annual cost savings of about $9700 over the current plan) which provides the same level of benefits and a comparable provider network as Guardian and would place the City in an advantageous position next year with the ability to switch to Lincoln Financial Group which will offer the same level of benefits at lower rates and has a larger provider list and they will offer a two-year plan. Funds are currently budgeted in the line item account 5230 within each department and no transfers are required. ADDITIONAL INFORMATION: To ensure that the health and dental insurance recommendations provided by Brown & Brown Insurance, Inc. met the goals set forth to them which were to control cost increases for the City, provide the same level of benefits to employees and their families, and have minimal impact financially on employees and their families, a third party health and dental insurance consultant was retained to review the Brown & Brown renewal work and recommendations in detail. The Siver Insurance Consultants reviewed all the provider proposals that were submitted and prepared a detailed report. Based upon their review of the proposals and the goals that we set forth, they fully concur with the Brown & Brown recommendations.