HomeMy WebLinkAboutDocumentation_Regular_Tab 10_08/11/2016 . • •
Memo
To: Michael R Couzzo, Jr., Village Manager
;:
From: Meriene Reid, HR Director y� � w
/
Date: July 28, 2016
Re: Health and Dental Insurance 2016/17
Blue Cross Blue Shield released the renewal numbers in early July 2016 with proposed
increases of 9.6% to retain current benefits for the traditional plan and 4.5% for the High
Deductible plan. Subsequent negotiations returned an overall increase of 6.04%, or a total
annual cost increase of $66,897.60. These numbers also include 3 retirees and 2 Council
members who are responsible for paying their full premiums. The attached cost evaluation is
based on the number of employees at July 1, 2016 and their current choice of plans
(family/individual). The Village is also currently in negotiations with the PBA and the CWA for a
three-year agreement for each union, to take effect October 1, 2016, and it is possible that the
current cost-sharing arrangements may change for either or both unions.
In respect of dental, MetLife continues to cover our employees' dental needs and increased
their premiums by 3% to retain the current benefits.
At its second and final meeting on July 18, 2016, the Benefits committee recommended that
the final numbers be accepted, and HR is therefore requesting that the following
recommendations be approved:
1. The health insurance be renewed with BCBS, and
2. The dental insurance be renewed with MetLife.
Village of Tequesta GEHRINC� �GRnUP
Medical Insurance Renewal Cost Evaluation I N 5 II P R H C 6 e n o n c n s,� . c o�� s �., . p, s
Effective Date: October 1, 2016
CI.;3�?RLNY fdE�i;:Eb1'i14
�Ed��� Florida Blue Florida 81ue
iCWA Bur�aining Unit - Tradifiona!
Employee 20 $38.06 $535.36 $573.42 555.64 $552.94 $608.58
Employee+5pouse 2 5262.16 $1,102.58 51,364.74 5303.99 $1,144.41 $1,448.40
Employee+Child(ren) 5 $174.46 SSS0.62 $1,055.08 $206.81 $912.97 $1,119.78
Family 4 $382.32 $1,406.74 $1,789.06 $437.17 $1,461.59 $1,898.75
lAFF, PBA & General Ef's - T raditional
Employee 21 $0.00 $573.42 $573.42 $0.00 $608.58 $608.58
Employee+Spouse 2 $197.83 $1,166.91 $1,364.74 $Z09.96 $1,235.45 $1,448.40
Employee+Child(re�j 6 $120.42 $934.67 $1,a55.08 $127.80 $991.98 $1,119.78
Family 23 $303.91 $1,485.15 $1,789.06 $322.54 $1,576.21 $1,898.75
Retirees & COBRA - Traditional
Employee 3 $573.42 $0.00 S573.42 $608.58 $0.00 5608.58
Employee+Spouse 0 $1,364.74 $0.00 $1,364.74 51,448.40 $0.00 $1,448.40
Employee+Child(ren) 0 $1,055.08 $0.00 $1,055.08 $1,119.78 $0.00
$1,119.78
Fami�y 0 $1,789.06 $0.00 $1,789.06 $1,898.75 $0.00 $1,895.75
CWA 8orgaining Unii - HDHP
Employee 0 $53.84 $437.52 $491.36 $68.58 $452.26 $520.84
Employee+5pouse 0 $285.42 $872.01 51,157.43 $280.58 $867.17 $1,147.74
Ernployee+Child(ren) 0 5196.00 $699.43 5895.43 5191.96 5695.39 $887.34
Family 0 5407.96 $1,108.50 $1,516.46 $402.04 $1,102.58 $1,504.61
IAFF, P8A & Generol EE's - HONP
Employee 1 50.00 $491.3G $49136 SO.DO $520.84 $520.84
Employee+5pouse 1 $166.52 5990.91 51,157.43 $156.73 $991.02
$1,147.74
Employee+Child(ren) 0 $101.02 5794.41 5895.A3 $91.63 $795.72
588734
Family 0 $256.28 $1,260.19 $1,516.46 $245.94 51,258.67 51,504.61
Retirees & C08RA - HOHP
Employee 0 $49136 $0.00 $491.36 $520.84 $0.00 $520.84
Employee+Spouse 0 $1,157.43 $0.00 $1,157.43 $1,147.74 $O.OD $1,147.74
Employee+Child(ren) 0 $895.43 $0.00 $895.43 $887.34 $0.00
$887.34
Family 0 $1,516.46 $0.00 $1,516.46 $1,504.61 $0.00 $1,504,61
Monthly Premium 88 $13,681.96 $78,566.77 $92,248.73 $15,091.14 $82,73239 $97,823.53
Annual Premium $164,183.49 $942,801.27 $1,106,964.76 $181,093.71 $992,788.65 $1,173,882.36
$ Increase N/A N/A NJA $16,910.22 $49,987.38 $66,897.60
%Increase NJA N/A N/A 10.30% 5.3D% 6.04%
Village of Tequesta GEHRING , �1`�U�
DentallnsuranceRenewalEvaluation INSURRIdCE BROKEflS � [ONSULT0.NT5
Effective Date: October 1, 2016
CURRENT RENEINAL
� •
�- •• • �- •• •
Plan Basics !n Network Non Network In Network Non Nefwork
Calendar Year Maximum $1,500 $1,500
Deductibles
Single $25 $50 $25 $50
Family Maximum $75 $150 $75 $150
Deductible Waived for PreventativeSvcs Yes No Yes No
eene�ts
Preventative 100% 100% 100'�0 100%
Basic 100% 80°/a 100°� 809'0
M�jOr 60°/n 50% 60% 5�
Orthodontia 50% 5U% 50% 50°r6
Service Information
Out of Network Benefits Payabie Level 90th percentile 90th percentile
Benefits Waiting Period (Timely Entrants� None None
Orthodontia Lifetime Maximum $1,000 $1,000
Endodontics/Periodontics Payable Level Basic Basic
Rate Guarantee Expires 9J30/2016 12 Months
Premium per Month
Employee 51 $38.67 $39.83
Employee + Family 40 $10A.38 $107.51
Monthly Premium $6,147.37 $6,331.79
Annual Premium $73,768.44 $75,981.49
$ increase N/A $2,213.05
°� Increase IU/A 3.0%