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Home My WebLink AboutBPW-09-16-15-03 - Setting the Employee Health Benefit Rates for 2016RESOLUTION BPW-09-16-15-03 A RESOLUTION SETTING 2016 CITY AND PARTICIPANT CONTRIBUTION RATES FOR THE CITY OF CARMEL EMPLOYEE HEALTH BENEFIT PLAN WHEREAS, the City of Carmel operates the City of Carmel Employee Health Benefit Plan (the "Plan") to provide medical and dental benefits for its employees and retirees; and WHEREAS, the Board of Public Works and Safety, as Plan Administrator, is responsible for ensuring adequate current and reserve funding for the Plan; and WHEREAS, the primary source of revenue for the Plan consists of bi-weekly employer and participant contributions; and WHEREAS, it is imperative for Plan revenues to correspond with anticipated expenses; and WHEREAS, the City wishes to reward participation in sponsored activities that promote individual and group wellness and encourage employees to consider a consumer - driven health plan option. NOW, THEREFORE, BE IT RESOLVED by the Carmel Board of Public Works and Safety as follows: Effective January 1, 2016, health insurance contribution rates for the City and for its Active Employees will be as stated on Attachment A, for Common Council Members as stated on Attachment B, for Retirees as stated on Attachment C and for COBRA participants as stated on Attachment D, all incorporated herein by this reference. BE IT FURTHER RESOLVED that the rates stated on Attachment A and Attachment B shall be adjusted for participants of the City's wellness program, as outlined below: 1. The City has established a wellness program to complement its insurance plan. The program is open to all full-time Active Employees and Common Council Members. 2. Participation in the wellness program is voluntary; there is no penalty for opting out. 3. Effective January 1, 2016, any Active Employee or Common Council Member who participates in the 2016 wellness program shall be eligible for a $20 reduction to the standard 2016 bi-weekly rates, as listed on Attachment A or Attachment B, as applicable, as long as the participant continues to meet quarterly goals. 4. Active Employees and Common Council Members who do not participate in the wellness program, or who do not continue to meet quarterly goals, will not be eligible for a rate reduction. They will pay the standard rates listed on Attachment A or Attachment B, as applicable. BE IT FURTHER RESOLVED that participants who meet the stated requirements will be eligible for the incentive described below: 1. The City will make a hi -weekly contribution into the Health Savings Account (HSA) of an Active Employee or Common Council Member who elects to enroll in Plan A, in the following amounts: a. $23.08 for employee only coverage b. $30.77 for employee/spouse or employee child(ren) coverage c. $38.47 for family coverage A Retiree who elects to enroll in Plan A shall receive an equivalent amount by check, half in February and half in July. The HSA contribution amount will change if and when the participant's level of coverage changes, and contributions will cease if coverage is cancelled or, in the case of an Active Employee or a Common Council Member, if the employment relationship is terminated. CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety L-ne- /.e&nf James Brainard, Presiding Officer 9-/(p /s Date Mary Ann I�tfrke, Board ember Date Lori Waton. Bs;ted ember ATTEST: Date ana Cordray, IAMf f lerk-Treasurer Date Attachment A ACTIVE EMPLOYEES 2016 BI -WEEKLY HEALTH INSURANCE RATES SURCHARGES AND DISCOUNTS MAY BE APPLIED TO THE RATES BELOW Plan A (HDHP) Total Premium City Portion City % Employee Portion Employee % Employee Only $321.00 $274.00° 85 /o $47.00 15% Employee/Spouse $742.00 $634.00 85% $108.00 15% Employee/Child(ren) $681.00 $582.00 85% $99.00 15% Employee/Family $1,113.00 $951.00 85% $162.00 15% Plan B (PPOI Total Premium City Portion City % Employee Portion Employee % Employee Only 5378.00 $304.00 80% $74.00 20% Employee/Spouse $873.00 $702.00 80% $171.00 20% Employee/Child(ren) $802.00 $645.00 80% $157.00 20% Employee/Family $1,310.00 $1,054.00 80% $256.00 20% Dental Total Premium City Portion City % Employee Portion Employee % Employee Only $27.00 $20.25 75% $6.75 25% Employee/Spouse $50.00 $37.50 75% $12.50 25% Employee/Child(ren) $46.00 $34.50 75% $11.50 25% Employee/Family $69.00 $52.00 75% $17.00 25% Attachment B COMMON COUNCIL MEMBERS 2016 BI -WEEKLY HEALTH INSURANCE RATES SURCHARGES AND DISCOUNTS MAY BE APPLIED TO THE RATES BELOW Plan A (HDHP) Total Premium City Portion City % Employee Portion Employee % Employee Only $321.00 $242.00 75% $79.00 25% Employee/Spouse $742.00 $560.00 75% $182.00 25% Employee/Child(ren) $681.00 $514.00 75% $167.00 25% Employee/Family $1,113.00 $840.00 75% $273.00 25% Plan B (PPO) Total Premium City Portion City % Employee Portion Employee Employee Only $378.00 $285.00 75% $93.00 25% Employee/Spouse $873.00 $659.00 75% $214.00 25% Employee/Child(ren) 5802.00 $605.00 75% $197.00 25% Employee/Family 51,310.00 $989.00 75% $321.00 25% Dental Total Premium City Portion City % Employee Portion Employee % Employee Only $27.00 $20.25 75% $6.75 25% Employee/Spouse 550.00 $37.50 75% $12.50 25% Employee/Child(ren) 546.00 $34.50 75% $11.50 25% Employee/Family 569.00 $52.00 75% $17.00 25% Attachment C RETIREES 2016 MONTHLY HEALTH INSURANCE RATES SURCHARGES AND DISCOUNTS MAY BE APPLIED TO THE RATES BELOW Plan A (HDHP) Total Premium City Portion City % Retiree Portion Employee % Retiree Only $696.00 $0.00 0% 5696.00 100% Retiree/Spouse $1,608.00 $0.00 0% $1,608.00 100% Retiree/Child(ren) $1,476.00 $0.00 0% $1,476.00 100% Retiree/Family $2,412.00 $0.00 0% $2,412.00 100% Plan B (PPO) Total Premium City Portion City % Retiree Portion Employee % Retiree Only $819.00 $0.00 0% $819.00 100% Retiree/Spouse 51,892.00 $0.00 0% $1,892.00 100% Retiree/Child(ren) $1,738.00 $0.00 0% $1,738.00 100% Retiree/Family $2,838.00 $0.00 0% $2,838.00 100% Dental Total Premium City Portion City % Retiree Portion Employee % Retiree Only 559.00 $0.00 0% $59.00 100% Retiree/Spouse $108.00 $0.00 0% $108.00 100% Retiree/Child(ren) $100.00 $0.00 0% 5100.00 100% Retiree/Family $150.00 $0.00 0% $150.00 100% Attachment D COBRA 2016 MONTHLY HEALTH INSURANCE RATES SURCHARGES AND DISCOUNTS MAY BE APPLIED TO THE RATES BELOW Plan A (HDHP) Total Premium City Portion City % Participant Portion Employee % Participant Only $710.00 $0.00 0% 5710.00 100% Participant/Spouse $1,640.00 $0.00 0% 51,640.00 100% Participant/Child(ren) 51,506.00 50.00 0% 51,506.00 100% Participant/Family $2,460.00 $0.00 0% $2,460.00 100% Plan B (PPO( Total Premium City Portion City % Participant Portion Employee % Participant Only $835.00 $0.00 0% $835.00100% 0 Participant/Spouse 51,930.00 50.00 0% 51,930.00 100% Participant/Child(ren) $1,773.00 $0.00 0% $1,773.00 100% Participant/Family $2,895.00 $0.00 0% $2,895.00 100% Dental Total Premium City Portion City % Participant Portion Employee % Participant Only $60.00 $0.00 0% $60.00 100% Participant/Spouse 5110.00 50.00 0% 5110.00 100% Participant/Child(ren) 5102.00 50.00 0% $102.00100% 0 Participant/Family $153.00 $0.00 0% 5153.00 100%