HomeMy WebLinkAboutReso 2023-3462RESOLUTION NO. 2023 -"`
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH,
FLORIDA, APPROVING AN INCREASE IN SPENDING AUTHORITY WITH CIGNA
HEALTHCARE, CIGNA DENTAL, EYEMED, AND MUTUAL OF OMAHA FOR
HEALTHCARE INSURANCES, IN AN AMOUNT NOT TO EXCEED ONE HUNDRED
EIGHTY-TWO THOUSAND EIGHT HUNDRED NINETY-EIGHT DOLLARS AND FOUR
CENTS ($182,898.04); AUTHORIZING THE CITY MANAGER TO DO ALL THINGS
NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, on February 17, 2022, via Resolution No. 2022-3294, the City Commission of
the City Sunny Isles Beach ("City") approved the renewal of insurance coverages with Cigna
Healthcare, EyeMed, and Mutual of Omaha (collectively "Providers"); and
WHEREAS, due an increase in enrollment numbers as a result of vacant positions being
filled, the addition of dependents, and IRS allowed plan changes, City staff has determined that
an increase in spending authority with the Providers is needed to process payment of the final
invoices for the 2022-2023 plan year; and
WHEREAS, the City Commission wishes to approve the increase in spending authority
with the Providers, in an amount not to exceed One Hundred Eighty -Two Thousand Eight
Hundred Ninety -Eight Dollars and Four Cents ($182,898.04), to cover the increase in insurance
rates.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY
ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Approval of Increase in Spending Authority. The City Commission hereby
approves the increase in spending authority with Cigna Healthcare, EyeMed, and Mutual of
Omaha, in an amount not to exceed One Hundred Eighty -Two Thousand Eight Hundred Ninety -
Eight Dollars and Four Cents ($182,898.04), to cover the increase in insurance rates.
Section 2. Authorization of the City Manager. The City Manager is hereby authorized to do
all things necessary to effectuate this Resolution.
Section 3. Effective Date. This Resolution shall become effective upon adoption.
PASSED AND ADOPTED on this 16th a, of February 2023.
Larisa Svechin, Mayor
R2023 Increase Spend Auth W Health Dental And Vision Insurance Providers Page 1 of 2
ATTEST:
Maufiricio Betancur, CMC, City Clerk
APPROVED AS TO FORM
AND LEGAL fiI�IENCY:
Q ,> �1
Valerie Vicente, City Attorney
Moved by / , 361�gconded by:ii�i°'�/(?/�
Vote:
Mayor Svechin
Vice Mayor Joseph
Commissioner Lama
Commissioner Stuyvesant
Commissioner Viscarra
/(Yes)
(Yes)
(Yes)
X((Yes)
Yes)
(No)
(No)
(No)
(No)
(No)
@BCL@ECOB3B84.Doc Page 2 of 2
and IRS allowed plan changes during the plan year.
ADDITIONAL INFORMATION:
At this time we are requesting to increase the spending authority to cover the final invoices for the
plan year 3/1/2022 - 2/28/2023 as follows:
Plan
Original Total
Shortage for Plan
Ratified Total
Comments
Approved
Year
(Requested)
Cigna Medical
$2,415,055.08
$167,131.97
$2,582,187.05
Final Bill Received
Cigna Dental
$149,152.92
$4,087.72
$153,240.64
Final Bill Received
Eyemed Vision
$18,543.72
$871.22
$19,414.94
Final Bill Received
Mutual of Omaha Life, LT, ADD
$63,750.53
$10,807.13
$74,557.66
Final Bill Received
& Vol
$2,646,502.25
$182,898.04
$2,829,400.29
FUNDING SOURCE:
Funding is available in the 42300 (Benefits - Health and Dental) & 423001 (Benefits - Life, ADD & LTC
Personnel Services Accounts in each department and/or division
ATTACHMENTS:
Resolution
Item Number: 10.A
$ + f L O � �w
Cfrx OF SVLA h�'P
City of Sunny Isles Beach
18070 Collins Avenue
Sunny Isles Beach, Florida 33160
(305) 947-0606 City Hall
(305) 949-3113 Fax
MEMORANDUM
TO: Honorable Mayor and City Commissioners
VIA: Stan Morris, City Manager
FROM: Yael Y. LondoA±o, Human Resources and Risk Management Director
DATE: February 16, 2023
RE: Approving an Increase in Spending Authority with Cigna, Eyemed, anc
Mutual of Omaha
RECOMMENDATION:
Staff recommends approval of this Resolution.
REASONS:
On February 17, 2022 via Resolution no. 2022-3294 the City Commission approved the renewal of
insurance coverage with Cigna, Eyemed and Mutual of Omaha in an amount not to exceed the total
combined amount of $2,646,502.25 for the period of 3/1/2022 - 2/28/2023.
At that time, the amount presented was based on the following enrollment numbers for active
employees, COBRA Participants and Retirees (as of 2/1/2022):
Medical: 186 participants
Dental: 219 participants
Vision: 219 participants
Since that approval, the enrollment numbers have increased as follows:
Medical: 212 participants
Dental: 238 participants
Vision: 241 participants
The increase in enrollment numbers are due to vacant positions being filled, addition of dependents
Item Number: 10.A