HomeMy WebLinkAboutMinutes_PBA_09/05/2012 Health Insurance Reopener Article
09-05-2012, 10:00 a.m.
Present: Lawrence Fagan, Charles Weinblatt, David Cooper, Michael Couzzo, Jr. and
Merlene Reid
Mr. Fagan advised that the PBA members met on 8/30/2012 and considered the
Village's proposal and that there was considerable discomfort among the members.
Mr. Couzzo highlighted the poor plan year that was experienced and the carrier's 105%
loss ratio. He also reviewed the Village's revenue and expenditures over the past 5
years.
After discussions, the PBA requested that the following requests be taken to Council for
consideration:
1. The Village funds the HSA savings accounts as follows:
o Individual - �1,000
o Family - $1,700
2. PBA members be allowed to sell vacation, sick and compensatory time to the
Village at 100%, to top up their savings accounts, thereby reducing their
deductible exposure.
Further discussions took place in respect of administrative matters and Mr. Fagan
asked the Village to document the deliberations and forward to him.
Mr. Couzzo indicated that he would get the wording to Mr. Fagan's office later that
evening and also agreed to take the requests to Council for their consideration.
The meeting adjourned at 11:45 a.m.