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File #: 16-1016    Version: 1 Name:
Type: Approval Status: Approved
File created: 9/19/2016 In control: Human Resources
On agenda: 10/18/2016 Final action: 10/18/2016
Title: Approval of Employee Health Plan Renewal Report Recommending the Employee Health Plan Funding/Premiums Remain at the Current Levels for the 2017 Health Plan (Calendar) Year
Sponsors: Human Resources
Attachments: 1. 10-18-16 2017 Health Plan Renewal

TO: Board of Supervisors
FROM: Human Resources
MEETING DATE: October 18, 2016


DEPARTMENT CONTACT:
Heidi Dunham
PHONE:
234-6600
DEPARTMENT CONTACT:
Jason Claunch
PHONE:
234-6600


ITEM TYPE: Consent Agenda

TIME ALLOCATED FOR ITEM: N/A


AGENDA TITLE:
title
Approval of Employee Health Plan Renewal Report Recommending the Employee Health Plan Funding/Premiums Remain at the Current Levels for the 2017 Health Plan (Calendar) Year
End

RECOMMENDED ACTION/MOTION:
recommendation
Approve Employee Health Plan Renewal Report recommending the Employee Health Plan funding/premiums remain at the current levels for the 2017 Health Plan (Calendar) Year.

End

PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
The Board of Supervisors reviews the health plan and sets premium levels annually. On September 27, 2011, the Board approved funding/premiums for the Employee Health Plan to remain at then current levels for plan year 2012. On November 12, 2013, the Board approved a rate stabilization increase of 3% to funding/premiums for the Employee Health Plan for plan year 2014. On October 21, 2014, the Board approved the Employee Health Plan funding/premiums to remain at their current levels for Plan Year 2015.

SUMMARY OF REQUEST:
Human Resources staff attended the annual health plan renewal meeting with the plan consultants, Keenan and Associates, to review of the 2017 health plan cost/premium projections. Staff recommends maintaining the current level of funding/premiums for a period of one year; January 1, 2017 through December 31, 2017. The actuarial study performed by Keenan and Associates supports staff's recommendation and is attached for the Board's review.

ALTERNATIVE ACTION/MOTION:
Do not approve recommendation and provide direction to staff.

SUPPLEMENTAL INFORMATION AVAILABLE ONLINE AT: N/A



FISCAL IMPACT:
SOURCE OF FUNDING: Health Plan Trust
BUDGETED IN CURRENT F/Y: Yes

CURRENT F/Y COST: $12,154,889 estimated
ANNUAL RECURRING COST: $12,648,0...

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