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HomeMy WebLinkAboutAgenda - 10-06-1998 - 8cOrange County Board of Commissioners Action Agenda Item Abstract Meeting Date: October 6, 1998 Subject: Employee Health Insurance Rates for 1999 Department: Personnel Attachment(s): Draft Monthly Health Insurance Rates, Including Total, County and Employee Premiums Action Agenda Item No. S— C. Public Hearing: Yes No X Budget Amendment Needed: Yes No X Information Contact: Elaine Holmes, Personnel Director Extension 2550 Telephone Number: Hillsborough 732 -8181 Chapel Hill 968 -4501 Durham 688 -7331 Mebane 227 -2031 Purpose: To consider approval of the 1999 employee health insurance rates. Background: In the September 1, 1998 meeting, the Board: ❑ Approved renewal of the current employee health insurance plans with the North Carolina Association of County Commissioners ( NCACC) Health Insurance Trust and Healthsource effective January 1, 1999 and ❑ Directed staff to return with specific rates (County contribution and employee cost) for the Board's consideration. Attached are the draft monthly health insurance rates for 1999. This shows the Total Premiums, County Contribution and Employee Premium. 1999 Rates Changes As reported in September, the NCACC Health Insurance Trust and Healthsource renewal rate quotations effective January 1, 1999 reflect the following rate increases: Plan Rate Increase Employees Enrolled Blue Cross Preferred Provider 24.0% 61 Blue Cross Personal Care 10.7% 343 Healthsource 13.0% 166 i t_ 2 Budget for Fiscal Year 1998 -99 Also as reported in September, the County budget for fiscal year 1998 -99 provides funding for up to a 20 percent health insurance increase effective January 1, 1999. In dollars, this is about $210,000 for the projected increase. Based on the quoted renewal rates for 1999, the cost of the County contribution for individual coverage and dependent coverage are within the amount budgeted for health insurance for 1998 -99. The budget savings yielded by the actual renewal rates quoted over the amount budgeted is about $100,000 in 1998 -99. Two Blue Cross Rates Versus Single Rate In the past, the NCACC Trust has quoted a single or so called fully blended rate for the Blue Cross plans. This means the premiums for the Blue Cross Preferred Provider Plan and the Blue Cross Personal Care Plan have been the same. For 1999, the Trust has not quoted a fully blended rate because of the County's significantly higher claims experience for the Preferred Provider Plan. Instead of the single Blue Cross rate, the Trust has quoted two partially blended rates for the plans. This means that each of the two plans has a different rate. County Contribution and Employee Cost In the past the County has established its contribution for employee health insurance as the full cost for individual employee coverage and 40 percent of the cost of dependent coverage based on the Blue Cross rate. The County then has applied the same dollar amount of the dependent contribution as calculated based on the Blue Cross rate to the Healthsource plan. In calculating the County's contribution and employee cost for the 1999 renewal, the same procedure has been followed. However, since two Blue Cross rates have been quoted, the County has based its calculation of the dependent subsidy on the rate for the Blue Cross Personal Care Plan. Recommendation: The Manager recommends the Board approve the attached employee health insurance rates for 1999. (KAHea1th\Agen9899. Doc) i ATTACHMENT 1999 Monthly Health Insurance Rates Blue Cross Personal Care Plan Employee Only y Paid by the Paid by the 8}: Total Cost $ - Types of Coverage County Employee New F ld ' New ON New 151.35 =237 Ofl 369.277 , 262.51 ! 106.76 Blue Cross Personal Care Plan Employee Only y $214.44 191.3372 8}: $ 191.33 $ - Employee /Child(ren) 413.86 7,1) Employee /Child(ren) 151.35 =237 Ofl 369.277 fl 262.51 ! 106.76 Employee /Spouse �T 452.454 5 276.28 176.17 409.00 Employee /Spouse M 'e 132.72 403.71 249 52v 276.28 �,K 127.43 {} 344.39 298.91 582.0011(= -1 344.39 237.61 Employee/Family 573.99 :311.04:: 344.39 229.60 Blue Cross Preferred Provider Plan Employee Only $214.44 $;72'y:° $ 214.44 $ - Employee /Child(ren) 413.86 7,1) 262.51 151.35 =237 Ofl 262.51 121.49 Employee /Spouse �T 452.454 5 276.28 176.17 409.00 t - ;:249.52: M 'e 132.72 Employee/Family 643.3011 {} 344.39 298.91 Healthsource Plan Employee Only $182.00 $.161:00 ; $ 182.00 Employee /Child(ren) 384.00 =237 Ofl 262.51 121.49 �T rt Employee /Spouse 409.00 t - ;:249.52: 276.28 'e 132.72 Employee/Family 582.0011(= 344.39 237.61 (K:\HealtMB en -rate. xls) 3