To: Board of Supervisors
From: Human Resources
Meeting Date: October 18, 2016
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Department Contact: |
Heidi Dunham |
Phone: |
234-6600 |
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Department Contact: |
Jason Claunch |
Phone: |
234-6600 |
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Item Type: Consent Agenda |
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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:
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Source of Funding: Health Plan Trust |
Budgeted in Current F/Y: Yes |
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Current F/Y Cost: $12,154,889 estimated |
Annual Recurring Cost: $12, 648,079 estimated |
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Supervisorial District: All |
Vote Requirement: Majority |
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Agreement/Resolution/Ordinance Approved by County Counsel: N/A
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CEO Liaison: Janelle Rau, Deputy CEO |
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CEO Review: Yes |
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Comments: