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HomeMy WebLinkAboutAgenda - 10-03-2000-8gORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 3, 2000 Action Agenda Item No. J SUBJECT: _Employee Health Insurance for 2001 --T __ DEPARTMENT: Personnel PUBLIC HEARING: (Y/N) No ATTACHMENT(S); Draft 2001 Monthly Health Insurance Rates INFORMATION CONTACT: Elaine Holmes, Personnel Director, Extension 2550 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To consider renewal of employee health insurance plans through the North Carolina Association of County Commissioners (NCACC) Health Insurance Trust and CIGNA (formerly Healthsource) effective January 1, 2001. BACKGROUND: In summary, the County has received renewal rate quotations for employee health insurance effective January 1, 2001. The renewal rates quoted are within the amounts budgeted for health insurance for 2001. Additional information is provided below: Current Health Plans Currently Orange County offers three health insurance plans: Blue Cross Preferred Provider Plan, Blue Cross Personal Care Plan and CIGNA (formerly Healthsource). Both Blue Cross plans are offered through the North Carolina Association of County Commissioners' (NCACC) Health Insurance Trust; The County entered into the Interlocal Agreement with the NCACC Trust effective January 1, 1996. The Blue Cross Preferred Provider Plan is a type of traditional health insurance plan. The Blue Cross Personal Care Plan and CIGNA are health maintenance organizations (HMOs). 2001 Health Insurance Rates The NCACC Health Insurance Trust and CIGNA renewal rate quotations effective January 1, 2001 for the current health plans as follows: Health Plan Rate Increase Employees Enrolled Blue Cross Personal Care Plan 15.8% 414 Blue Cross Preferred Provider Plan 15.$% 52 CIGNA 10.5% 160 The NCACC Trust advises the 15.8 percent rate increase results from the increasing trend in health insurance costs generally and the County's awn claims experience. This compares to increases in past years as follows: Year NCACC Trust CIGNA 2000 4.5% 5%-14.8%* 1999 10% (PCP) 24% (PPO) 13% 1998 0.3% 2%-3%* 1997 5.8% -6.0% 1996 -15.5% 2.4% *Depending on coverage type. County Contribution for Employee Health Insurance Attached are the draft monthly health insurance rates for 2001. This shows the Total Cost, County Cost and Employee Cost for each coverage type. In the past the County has established its contribution for employee health insurance as the: • Full cost for the individual employee coverage • 40 percent of the cost of dependent coverage based on the Blue Cross Personal Care plan rate. The County then has applied the dollar amount of the dependent contribution calculated on the Blue Cross person Care Plan rate to the Blue Cross Preferred Provider and CIGNA plan rates. The attached rates have been calculated in this same manner. Budget for Health Insurance The cost of the proposed County contribution far individual coverage and dependent coverage is within the amount budgeted for health insurance for 2000-01. The Gounty budget for fiscal year 2000-01 provides funding for up to a 20 percent health insurance increase effective January 1, 2001. In dollars, this is about $2fi0,000 for the fiscal year. The estimated cost of the actual renewal rates fog the fiscal year is about $190,000 or about $70,000 less than projected. Sole Provider Option The County also requested that the NCACC Trust provide a "sole provide' quote for the Blue Cross plans through the Trust. If the County enters into a sole provider contract, this would mean discontinuing the current CIGNA plan effective January 1, 2001 and offering only the Blue Crass plans. Far the sole provider option, the NCACC Trust quoted rates that represent about a 12.3 percent increase over the current rates as compared to the 15.8 percent increase if the County retains the CIGNA plan as well as the Trust. It is estimated this would yield a savings of about $40,000 in fiscal year 2000-01 over the renewal rate quoted and about $70,000 on an annual basis. Over the past years employee participation in the CIGNA plan had declined. As of last year CIGNA participation was at 22 percent of health plan participants. However, in the past year many of the Solid Waste employees transferring from the Town of Chapel Hill selected CIGNA and many new hires also have selected CIGNA. As a result, CIGNA participation has increased to 25 percent of health plan participants. Based on this, it is recommended that the County continue to offer the CIGNA plan. Further, it would appear based on this year's health insurance renewal discussions that the element of competition created by the offering two health plans has been to the County's advantage. FINANCIAL IMPACT: As explained in the budget section above, funds for the health insurance renewal are available in the approved budget for 2000-01. RECOMMENDATION(S): The Manager recommends that the Board: • Approve renewal of the County health insurance plans and authorize the Chair to sign the implementing Interlocal Agreement with the NCACC Health Insurance Trust, subject to the review of staff and the County Attorney. ^ Approve the attached health insurance rates effective January 1, 2001. 4 Attachment 2001 Monthly Health Insurance Rates Blue Cross Personal Care Plan (HMO) Total Cost Paid by the Coun Paid by the Em to ee Old New .Old New Old New Employee Only $199.94 $231.53 $199.94 $231.53 $0.00 $0.00 Employee/Child(ren) 385.90 446.86 274.32 317.66 $111.58 $129.20 Employee/Spouse 421.$8 488.31 288.72 334.24 $133.16 $154.07 Employee/Family 599.82 694.59 359.88 416.75 $239.94 $277.84 Blue Cross Preferred Provider Plan Total Cost Paid by the Coun Paid •by the Em to ee Old New Old New Old New Employee Only $224.10 $259.50 $224.10 $259.50 $0.00 $0.00 Employee/Child(ren) 432.48 500.81 274.32 317.66 $158.16 $183.1 S Employee/Spouse 472.80 547.51 288.72 334.24 $184.08 $213.27 Employee/Family 672.26 778.47 359.88 416.75 $312.38 $361.72 CIGNA Healthcare (HMO} ~: Total Cost Paid by the Coun Paid by the Em to ee Old New Old New Old New Employee Only $209.00 $231.00 $209.00 $231.00 $0.00 $0.00 Employee/Child(ren) 403.00 446.00 274.32 317.66 $128.68 $128.34 Employee/Spouse 441.00 487.00 288.72 334.24 $152.28 $152.76 Employee/Family 627.00 683.00 359.88 416.75 $267.12 $266.25 iv.ue..~.w~~nni o..«e~.. n,.e.,,a., ..i~~