HomeMy WebLinkAboutBPW-11-20-02-01 Emp Health Plan RESOLUTION BPW 11-20-02-01
A RESOLUTION ADJUSTING EMPLOYER AND EMPLOYEE PREMIUM RATES
FOR THE CITY OF CARMEL EMPLOYEE HEALTH BENEFIT PLAN
WHEREAS, the primary source of revenue for the City of Carmel Employee
Health Benefit Plan (the "Plan") consists of bi-weekly employer and employee premium
contributions; and
WHEREAS, health care costs are rising dramatically, a trend that is expected to
continue into the foreseeable future; and
WHEREAS, forecasted revenue for the Plan is currently insufficient to cover
anticipated Plan claims and expenses; and
WHEREAS, the Board of Public Works and Safety, as the Plan Administrator, is
responsible for maintaining adequate current and reserve funding for the Plan.
NOW, THEREFORE, BE IT RESOLVED by the Carmel Board of Public Works
and Safety as follows:
Effective January 1, 2003, health insurance premium rates for the City and its employees
participating in the Plan will be as stated on Attachment A, incorporated herein by this
reference.
CITY OF CARMEL, INDIANA
By and through its Board of Public Works and Safety
James Brainard, Presiding Officer
n/Board Member
ATTEST: /'~-x q~iL~ M. Johnson,
Date
Date
/ O-Z~ _
~)ate
Date
Attachment A
2003 Bi-Weekly Health Insurance Premiums
pLAN A
Total Premium City portion Employee Portion
Employee Only $185.98 $139.49 $46.49
Employee/Spouse $430.93 $323.20 $107.73
Employee/Child(ten) $396.00 $297.00 $99.00
Employee/Family $646.80 $485.10 $161.70
Plan B
Total Premium City portion Employee Portion
Employee Only $157.70 $129.75 $27.95
Employee/Spouse $365.32 $300.56 $64.76
Employee/Child(mn) $335.79 $276.27 $59.52
Employee/Family $548.34 $451.14 $97.20
Plan C
Total Premium City Portion Employee portion
Employee Only $146.48 $129.75 $16.73
Employee/Spouse $339.44 $300.56 $38.88
Emptoyee/Child(ren) $311.92 $276.27 $35.65
Employee/Family $509.48 $451,14 $58,34
Dental
Total Premium City Portion
Employee Only $10.53 $7.90
$20.38 $15.29
Employee/Spouse
Employee/Child(ten) $19.19 $14.39
Employee/Family $29.03 $21.77
Employee Portion
$2.63
$5.09
$4.80
$7.26