HomeMy WebLinkAboutBPW-10-17-07-01 Health Ins Rates/2008
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RESOLUTION BPW IQ-17-07-01
A RESOLUTION SETTING 2008 EMPLOYER AND EMPLOYEE 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
WHEREAS, the Board of Public Wgrks and Safety, as Plan Administrator, is
responsible for ensuring adequate CUITent and reserveJunding for the Plan; and
WHI::REAS, the primary source of revenue for the Plan consists of bi-weekly
employer and employee contributions; and
WHEREAS, it is imperative for Plan revenues to correspond with 'anticipated
expenses.
NOW, THEREFORE, BE IT RESOLVED by the Carmel Board of Public Works
and Safety as follows:
Effective January 1, 2008, health insurance contribtition 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
jO-/7-0T
Date
!tJ-17 -07
Date
(0 I '-'/07
Date
((jIlt IU;
Date
'.
Attachment A
2008 BI-WEEKL Y HEALTH INSURANCE RATES
TOBACCO USERS WILL,PAY A $10 BI-WEEKL Y SURCHARGE, IN ADDITION TO THE RATES BELOW
Plan A
Total Premium City Portion City % Employee Portion Employee %
Employee Only $261,73 $196,30 75% $65A3 25%
Employee/Spouse $606A5 $454,84 75% $151,61 25%
Employee/Child(ren) $557.30 $417.98 75% $139.32 25%
Employee/Family $910.24 $682.68 75% $227.56 25%
Plan B
Total Premium City Portion City % Employee Portion Employee %
Employee Only $221.92 $190A6 86% $31A6 14%
Employee/Spouse $514.12 $441.24 86% $72.88 14%
Employee/Child(ren) $472.56 $405.57 86% $66.99 14%
Employee/Family $771.68 $66228 86% $109AO 14%
Plan C
TotaiPremium City Portion City % Employee Portion Employee %
Employee Only $206.14 $190A6 92% $15.68 8%
Employee/Spouse ,$477:69 $441.24 92% $36.45 8%
Employee/Child(ren) $438.96 $405,57 92% $33.39 8%
Employee/Family $716.99 $662.28 92% $54.71 8%
Dental
Total Premium City Portion City % Employee Portion Employee %
Employee Only $14,82 $11.12 75% $3,70 25%
Employee/Spouse $28.68 $21.51 75% $7,17 25%
Employee/Child(ren) $27.01 $2026 75% $6.75 25%
Employee/Family $40.85 $30.64 75% $10.21 25%