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HomeMy WebLinkAboutResolution No. 2018-26Sponsored by: Administration CITY OF KENAI RESOLUTION NO. 2018-26 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI , ALASKA, AUTHORIZING A CONTRACT WITH PREMERA BLUE CROSS BLUE SHIELD OF ALASKA TO PROVIDE EMPLOYEE HEALTH CARE TO CITY EMPLOYEES EFFECTIVE JULY 1, 2018 . 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 is 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 7 .88% including changes in employee census; 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, 2018 . Secti on 2. That this resolution takes effect immediately upon passage. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day of June, 2018. ~ -og;g_e ~ BRIAN GABRIEL SR., MAYOR 'Utt~ tt1/ti a Pa~~ e-c, tt1/ti a h.tu.r-~ II 21 0 Fidalgo Ave , Kena i , A laska 99611 -7794 Telephone : (907) 283-75351 Fax: (907) 283-30 14 www . kenai.city MEMORANDUM TO: THROUGH : FROM: DATE: SUBJECT: Mayor Brian Gabriel and Kenai City Council Paul Ostrander, City Manager Terry Eubank, Finance Director May 22, 2018 Resolution No. 2018-26 -Employee Health Insurance Renewal The purpose of the memo is to recommend passage of Resolution 2018-26 that will authorize renewal of the City's employee health care plan with PREM ERA 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 s ince July 2014. The City received a no bid renewal quote from PREMERA Blue Cross Blue Shield of Alaska to renew its insurance, PREMERA's Preferred Choice Plan, at a 9.28% increase over FY18 rates, dental rates will increase 3.0% and there is no rate change for vision coverage. 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 combined 8.8% 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 Dental Premium Vision City Self-Insured Deductible FSA/HRA Administration Employee Life Insurance Broker Fee Employee Wellness Program Total Cost of Health Care FY18 PRE M E RA $1,829,175 116,064 16,392 169,650 4,242 16,800 25,000 20.000 $2.197.323 FY19 PREM ERA $1 ,998 ,916 119,546 16,392 169,650 4 ,242 16,800 25,000 20 .000 $2 .370.546 Difference $169,741 3,482 $173.223 Page 2 of 2 Employee Health Insurance Renewal City Funded Portion Employee Funded Portion Total $1,973,679 89 .82% 223,644 10 .18% $2.197 .323 100,00% $2 ,129,142 89 .82% 155,463 241.404 10.18% 17,760 $2.370.546 100,00% $173.223 A comparison of employee monthly health care premiums is as follows : Employee Employee/Child(ren) Employee/Spouse Employee/Family Part time Employee FY18 PREM ERA $ 92.00 166.00 182.00 249.00 420.00 Monthly Premium FY19 PREMERA $102.00 185.00 203.00 278.00 475.00 Difference $ 10.00 19.00 21 .00 29.00 55.00 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.