HomeMy WebLinkAbout20080902 - VI-13 - ~.. ;~
TO Mayor Hicks and Councilmembers
FROM: Melanie Mesko Lee
DATE: August 27, 2008
RE: 2009 Health Insurance Premium Rates Approval
Council Action Requested:
Approve the 2009 health insurance rates as listed below.
Background Information:
The City's 2009 health insurance premiums will decrease 2.0%. Union contracts state that
annual health insurance premium increases will be split 50%/50% between the City and
employees. Contract language does not address decreases in premiums; however, staff
recommends that the decrease be split 50%/50% as well. Therefore, the following breakdown is
recommended for 2009 health insurance premium splits.
2009 health insurance.premiums
premium DECREASE shared 50%/50%
TRIPLE G OLD
CITY EMP LOYEE TOTAL
SINGLE per per
Union month paycheck
2008 $496.00 $305.22 $190.78 $95.39
2009 $486.00
monthly
difference -$10.00
monthly
increase -$5:00 -$5.00 -$2.50 -$10.00
2009
premium
split $300.22 $185.78 $92.89 $486.00
CITY EMPLOYEE TOTAL
SINGLE
(Non- per per
Union) month paycheck
2008 $496.00 $496.00 $0.00 $0.00
2009 $486.00
monthly
difference -$10.00
monthly
increase -$10.00 $0.00 $0.00 -$10.00
2009
premium
split $486.00 $0.00 $0.00 $486.00
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TRIPLE GOLD
CITY EMPLOYEE TOTAL
per per
FAMILY month paycheck
2008 $1,379.50 $848.64 $530.86 $265.43
2009 $1,352.00
monthly
difference -$27.50
monthly
increase -$13.75 -$13.75 -$6.88 -$27.50
2009
premium
split $834.89 $517.11 $258.56 $1,352.00
OPTIONS BLUE
CITY EMPLOYEE TOTAL
SINGLE per
(Union) Premium HRA TOTAL per month paycheck
2008 $393.50 $238.76 $66.46 $305.22 $154.74 $77.37
2009 $385.50
monthly
difference -$8.00
monthly
increase -$4.00 -$2.00 -$4.00 -$2.00 -$10.00
2009
premium split $234.76 $64.46 $299.22 $150.74 $75.37 $449.96
CITY EMPLOYEE TOTAL
SINGLE Taxable
(Non- to per
Union Premium HRA employee Total per month paycheck
2008 $393.50 $393.50 $66.46 $36.04 $496.00 $0.00 $0.00
2009 $385.50
monthly
difference -$8.00
monthly
increase -$8.00 -$2.00 $0.00 $0.00 -$10.00
2009
premium split $385.50 $64.46 $36.04 $486.00 $0.00 $0.00 $486.00
CITY EMPLOYEE TOTAL
per per
FAMILY Premium HRA TOTAL month paycheck
2008 $1,094.00 $712.26 $136.38 $848.64 $381.74 $190.87
2009 $1,072.00
monthly
difference -$22.00
monthly
increase -$11.00 -$2.75 -$11.00 -$5.50 -$22.00
2009
premium split $701.26 $133.63 $834.89 $370.74 $185.37 $1,072.00
If you have any questions, please let me know.