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HomeMy WebLinkAbout2019-109 (Health and Dental Insurance Premiums and City Contribution effective January 1, 2020) RESOLUTION 2019-109 APPROVING HEALTH AND DENTAL INSURANCE PREMIUMS AND CITY CONTRIBUTION EFFECTIVE JANUARY 1,2020 BE IT RESOLVED,by the City Council of the City of Stillwater, Minnesota,that the monthly premium rates for the City's group health and dental insurance,health savings accounts, and flexible spending accounts scheduled to become effective January 1, 2020, as listed below,is approved: HEALTH INSURANCE SINGLE FAMILY Traditional Aware Network Plan $ 1,003.00 $2,639.50 Gold Aware Network Plan $ 919.50 $2,417.50 Gold High Value Network Plan $ 726.50 $1,890.00 Silver High Value Network Plan $ 687.50 $1,782.50 High Deductible Health Plan with H.S.A. $ 627.00 $1,633.00 DENTAL INSURANCE SINGLE FAMILY Delta Dental Renewal $ 42.10 $ 124.50 BE IT FURTHER RESOLVED,the City shall contribute the following annual amount toward a Health Savings Account for employees that enroll in the High Deductible Health Plan with Health Savings Account(H.S.A.) administered by Further,St. Paul, Minnesota (prorated per month of hire): HEALTH SAVINGS ACCOUNT SINGLE FAMILY Health Savings Account City $ 750.00 $1,500.00 Contribution BE IT FURTHER RESOLVED,the City shall contribute the following toward the City's group health plan insurance premiums for all benefits-eligible employees: $1,231.86 per month BE IT FURTHER RESOLVED,the City shall contribute$42.10 per month toward the City's Delta Dental plan insurance premiums for all benefits-eligible employees; BE IT FURTHER RESOLVED,the City contributions shall be prorated in accordance with the appropriate collective bargaining agreements and employment agreements for those benefits- eligible employees that receive prorated benefits. BE IT FURTHER RESOLVED,effective January 1, 2020,the maximum election amounts for Flexible Spending administered by Further, St. Paul, Minnesota,will be the following,said amounts eligible for adjustment should 2020 Federal or IRS rates change: Medical Maximum Election $2,750.00 Dependent Care Maximum Election$5,000.00 Adopted by the City Council this 1 day of October, 2019. •ZedC2' - Ted Kozlowski, ayor ATT T: ''7 ,iGit Beth Wolf, City Clerk