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HomeMy WebLinkAboutBPW-10-03-12-04 Wellness Funding RESOLUTION BP W-10-03-12-04 A RESOLUTION AUTHORIZING WELLNESS EXPENSES TO BE PAID FROM THE MEDICAL ESCROW FUND WHEREAS, Ordinance D-1048, passed by the Common Council of the City of Carmel, Indiana, on February 21, 1994, established the City of Carmel Medical Escrow Fund, to be used to accumulate employee and employer insurance premium payments for qualified City employees and Parks Department employees, and to pay benefits and administrative costs related to the City of Carmel Employee Health Benefit Plan; and WHEREAS, D-1048 authorizes excess funds in the Medical Escrow Fund to be utilized to provide additional benefits for full-time City employees, by resolution of the Board of Public Works and Safety; and WHEREAS, the success of the City's Wellness Program is closely associated with the viability of the medical insurance plan, and is expected to have a significant positive impact on employee quality of life and on the Medical Escrow Fund; and WHEREAS, the costs of the Wellness Program can be paid from the Medical Escrow Fund without affecting employer or employee insurance rates. NOW, THEREFORE, BE IT RESOLVED that the Clerk-Treasurer is authorized and directed to pay all properly documented wellness expenses submitted to the Medical Escrow Fund, up to a maximum of$45,000.00 in 2013 and in each year thereafter, unless and until that limit is amended by the Board of Public Works and Safety. CITY OF CARMEL, INDIANA By a i through its Board of Public . and Safety e /0 :3- / Al , e■-_____Ja'q- : .ainard, Presiding Officer Date / o - -/ Ma A Burke, Board Member Date Abl� (0/,3it Lori \Ja :on, Board Member Date ATTE ,T: OP�� /1/ /0 .3 Diana Cordray, A► 'C, Clerk-Treasurer Date