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HomeMy WebLinkAboutResolution No. 2017-29CITY OF KENAI RESOLUTION NO. 2017 -29 Sponsored by: Administration A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH PREMERA BLUE CROSS BLUE SHIELD OF ALASKA TO PROVIDE EMPLOYEE HEALTH CARE TO CITY EMPLOYEES EFFECTIVE JULY 1, 2017 WHEREAS, Pursuant to KMC 23.40.120 the City provides major medical, dental, and vision insurance to its employees; and, WHEREAS, the City's current provider for this insurance, PREMERA Blue Cross Blue Shield of Alaska; and, WHEREAS, PREMERA Blue Cross Blue Shield of Alaska has provided a no -shop renewal quote for continuing coverage at a premium increase of 12.0 %; and, WHEREAS, providing quality health care is a component of a comprehensive compensation package which allows the City to recruit and retain quality employees to provide the services of the City for its residents. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. That the City Council authorizes the City manager to execute a contract with PREMERA Blue Cross Blue Shield of Alaska to provide group medical, dental and vision benefits to the employees of the City of Kenai effective July 1, 2017. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of June, 2017 �. ATTEST: I _� tie Heinz, Acting City <erk Approved by Finance Z- -(Contingent upon passage of Ordinance 2961 -2017) IM�ayC w;d a Past elit w;d a f t� 210 Fidalgo Ave, Kenai, Alaska 99611 -7794 Telephone: (907) 283 -7535 1 Fax: (907) 283 -3014 ttie city of www.kenai.city KENM,ALASKA \"/ MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council 1P C THROUGH: Paul Ostrander, City Manager FROM: Terry Eubank, Finance Director DATE: May 31, 2017 SUBJECT: Employee Health Insurance Renewal The purpose of the memo is to recommend passage of Resolution 2017 -29 that will authorize renewal of the City's employee health care plan with PREMERA Blue Cross Blue Shield of Alaska. KMC 23.40.120 requires the City to provide medical, dental and vision coverage to its employees. This coverage has been provided by PREMERA Blue Cross Blue Shield of Alaska since July 2014. The City received a no bid renewal quote from PREMERA Blue Cross Blue Shield of Alaska to renew its current insurance, PREMERA's Plus Envoy Plan, at a 15.0% increase over FY17 rates. Through negotiations the increase was reduced to a no bid offer of 12.0 %. Acceptance of a no bid quote or offer precludes the City from soliciting quotes from other providers. Quoted premiums were compared to the premiums of the State of Alaska Political Subdivision Health Insurance Plan, which the City participated in, to assure competiveness. PREMERA's quote, despite the 12.00)o increase, is still lower than the State's plan. The following is a financial comparison of the City's current plan and the proposed plan. Health Care Premium City Self- Insured Deductible FSA/HRA Administration Employee Life Insurance Broker Fee Employee Wellness Program Total Cost of Health Care City Funded Portion Employee Funded Portion Total FYI 7PREMERA $1,675,422 159,656 4,022 16,800 25,000 20.000 $1� $1,728,433 90.93% 172.467 9.07% FYI PREMERA Difference $1,912,468 $237,046 164,775 5,119 4,200 178 16,800 -0- 25,000 -0- 20.000 -0- $� $242 0 $1,916,947 89.44% 188,514 226.296 10.56% 53,829 $ 100.00% S242-343 Page 2 of 2 Employee Health Insurance Renewal A comparison of employee monthly health care premiums is as follows: I recommend renewal with PREMERA Blue Cross Blue Shield of Alaska and believe it is in the best interest of the City and its employees. FYI PREMERA FY18 PREMERA Differenc Employee $ 71.00 $ 92.00 $ 21.00 Employee /Child(ren) 128.00 166.00 38.00 Employee /Spouse 140.00 182.00 41.00 Employee /Family 191.00 249.00 58.00 Part time Employee 369.00 420.00 51.00 I recommend renewal with PREMERA Blue Cross Blue Shield of Alaska and believe it is in the best interest of the City and its employees.