The human resource manager presented renewals for the city's medical, dental, and vision insurance plans. The renewals came in below projected budget increases of 20% for medical, 10% for dental, and 5% for vision. BlueCross BlueShield proposed a 9.96% increase for medical coverage, while dental from MetLife would remain the same or increase by 2.55% depending on the plan. The recommendations and renewals would save the city approximately $53,972 compared to budget while still providing quality affordable coverage for employees.

1. ADMINISTRATION
Presented by:
Lori Harris
Human Resource Manager
HEALTH INSURANCE RENEWAL
ITEM # 8
NOVEMBER 9, 2020

2. SUMMARY
 Catto & Catto obtained renewals for Medical,
Dental and Vision Insurance
 Renewals obtained were below the projected
budgeted increase of 20% for medical, 10%
for dental and 5% for vision

3. RECOMMENDATIONS FOR EMPLOYER PAID
COVERAGE
 Medical:
 BlueCross Blue Shield is proposing a 9.96% increase for the HSA
base plan.
 Dental:
 MetLife is proposing a 0% increase for the DHMO plan and a
2.55% 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 budgeted savings is approximately
$52,151
 Dental coverage budgeted savings is approximately
$1,532
 Vision coverage budgeted savings is approximately $289
 Total budgeted savings is approximately $53,972