Insurance Renewals

1. ADMINISTRATION
Presented by:
Lori Harris
Human Resource Manager
HEALTH INSURANCE RENEWAL
ITEM # 7
NOVEMBER 12, 2019

2. SUMMARY
 Catto & Catto obtained renewals for Medical,
Dental and Vision Insurance
 Renewals obtained were below the projected
budgeted increase of 15% for medical, 10%
for dental and 5% for vision

3. RECOMMENDATIONS FOR EMPLOYER PAID
COVERAGE
 Medical:
 BlueCross Blue Shield is proposing a 6.96% increase for the HSA
base plan and an increase of 3.42% for the PPO plan
 Staff is recommending to discontinue offering the PPO plan
 Dental:
 MetLife is proposing a 3.63% increase for the DHMO plan and a
3.62% increase for the PPO Plan
 No increase for Vision, Basic Life with AD&D or LTD coverage

4. POLICY ANALYSIS
 Consistent with the City’s efforts to provide
quality but affordable insurance benefits to its
employees and relieve the impact of the increased
dependent coverage costs to the employees

5. FISCAL IMPACT
 Medical coverage savings is approximately $39,040
 Dental coverage savings is approximately $1,949
 Vision coverage savings is approximately $289
 Total savings is approximately $41,278