TITLE
Consider a memorandum/resolution to recommend to the Employee Benefits Trust the execution of an agreement with Scott & White Health Plan for Medical Insurance and MetLife for Dental Insurance effective October 1, 2017.
SUMMARY
DATE: June 20, 2017
TO: Ronald L. Olson, City Manager
FROM: Eva Bark, Executive Director of Human Resources
SUBJECT: Scott and White Health Plan and MetLife Dental Plan
BACKGROUND AND FINDINGS:
The City of Killeen provides medical and dental insurance, Scott and White Health Plan and MetLife, respectively, so that each employee has access to health care. In FY '17, the City continued to pay 100% of the medical and dental care premiums, base plan only, for all eligible employees. Employees may purchase additional medical and dental care coverage for their family members, if they choose.
Medical insurance benefits are reviewed annually; the proposed renewal rate for the SWHP FY '18 and MetLife FY ’18 will not increase.
The city will continue to offer employees three healthcare plans: Base Plan - High Deductible Health Plan/Health Savings Account, Mid-Plan and the High-plan. The employee-only premium and cost to the City for each plan is as follows:
Base (HDHP/HSA*)
· Premium $378.78
· City cost: $378.78
· Employee cost: $0.00
· City contributes $30 for HSA
· Wellness screening: $0; no wellness screening: +$50
Mid-Plan
· Premium $420.86
· City cost: $410.86
· Employee cost: 10.00
· Wellness screening: $0; no wellness screening: +$50
Buy-up Plan
· Premium $580.74
· City cost: 410.86
· Employee cost: $169.88
· Wellness screening: $0; no wellness screening: +$50
*HDHP/HSA - High Deductible Healthcare Plan/Health Savings Account
Last year, our consultant negotiated a +3% rate for dental insurance benefits, effective for the next two years. Therefore, the employee-only premium will remain at $24.24 per month. Core benefi...
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