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•The Board approved suspending the County contribution to 401(k) plans for non-law <br /> enforcement employees in FY 2009-10 <br /> •Law enforcement employees continue to receive a County contribution of 5% of annual <br /> salary to 401(k) plan <br /> ■All employees may make voluntary contributions to their 401(k) plan or 457 plan <br /> 2010 Benefit Recommendation Goals <br /> •Maintain Plan Designs <br /> •Minimize Rate Increases <br /> •Make Needed Enhancements <br /> •Implement Elements to Improve Future Benefit Plan Design and Costs <br /> •Maintain No Cost for Individual Only Coverage <br /> 2010 Benefit Recommendation Challenges <br /> •Escalating Cost of Employee/Retiree Health Care <br /> •Maintaining Strong Employee Benefits <br /> •Balancing Employee/Retiree needs with County Financial Crisis <br /> 2010 Health Care Options <br /> Health Care Option 1 <br /> ❑No Reductions in Plan Design <br /> ❑Rate Increase Below Budget (2.7% Increase) <br /> O 2 Major Enhancements <br /> Health Care Option 2 <br /> ❑No Reductions in Plan Design <br /> ❑Rate Increase Below Budget (2.7% Increase) <br /> O 2 Major Enhancements <br /> ❑Encourages Completion of Health Risk Appraisal <br /> ❑Adds Financial Responsibility for Employees and Retirees <br /> Current Plan compared to <br /> Option 1 & 2 <br /> Importance of HRA/Health Advisor® <br /> •The HRA provides a snapshot of health risks and the Health Advisor notifies the <br /> employee/retiree of online programs and/or arranges a health coach <br /> •Studies have shown 1 point improvement in HRA scores save $56 in health care costs <br /> annually <br /> •Health Advisor gives employees/retirees the support and tools needed to make healthy <br /> lifestyle changes <br /> ■Orange County is the first NC county to have Health Advisor, and establishes Orange County <br /> as a leader in wellness activities among NC counties <br /> Renewal (Opt 1 & 2) <br /> Health Insurance Premiums <br /> ■2010 Premiums reflect a 2.7% increase over 2009 <br />