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HomeMy WebLinkAboutRES 091118-Q - Med & Dental PremiumsRESOLUTION NO. d I - Q, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, UPDATING EMPLOYEE MEDICAL AND DENTAL PREMIUMS FOR THE 2019 PLAN YEAR. WHEREAS, per Fiscal and Budgetary Policy, annual premiums were recommended to City Council through a collaborative process between the Employee Benefits Committee and external Health Benefits Consulting, using historical data and other analytical analysis. WHEREAS, the Employee Benefits Committee considered multiple options to achieve a 5% increase for employees for both the medical and dental plans. The City Council has determined that it is appropriate to accept the recommendations of the Employee Benefits Committee and the General Government and Finance Advisory Board consistent with City budget increasing employee medical and dental premiums effective January of 2019. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS: SECTION ONE. The facts and recitations contained in the preamble of this Resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. SECTION TWO. The following shall be the employee medical and dental premiums effective January, 2019: Medical Plan Tier Monthly Premium effective January 2019 HSA - Employee Only $13 HSA - Employee + Child $73 HSA - Employee + Spouse $290 HSA - Employee + Family $290 PPO - Employee Only $79 PPO - Employee + Child $144 PPO - Employee + Spouse $577 400010145/ v21 I HR I GENERAL IVA12o18) Dental PPO — Employee + Family $577 Plan Tier Monthly Premium effective Tanuary 2019 Employee Only $2 Employee + Child $20 Employee + Spouse $17 Employee + Family $41 SECTION THREE. This Resolution shall become effective on the 11 day of ,fir 2018. PASSED AND APPROVED on the ATTEST: Shelley Nowlin ity Secretary APPROVE TF3 FORM: Charlie McNabb, City Attorney �c Z' C), 11 l 8 - 0 - 1000101451 V2 -LI HR / GENERAL 1914120181 day of J tC 2018. CITY OF GEORGETOWN, S By: e4" Dale Ross, Mayor