Agenda - 10-05-2010 - 7d - Laserfiche WebLink

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6 • Conduct multiple wellness events, including flu shot clinics provided Orange County Health Department, at various locations. • Enter into any necessary agreements. Future Plans • Human Resources and Health Department staff are reviewing the feasibility of developing an employee health clinic that would provide services to employees during the work day. Components to be further researched include service model, cost, location, staffing and privacy concerns. FINANCIAL IMPACT: Health Insurance: The 6.5% health insurance increase is within the FY 2010-11 approved budget of 7%. Total Annual County Cost (Active Employee/Retiree Cost Employees & Cost for Dependents Retirees Current Premium $8,290,000 $6,830,000 $1,460,000 Renewal Full -Insured $8,830,000 $7,300,000 $1,550,000 Early Retiree Reimbursement Program: Funds received from this program are conservatively estimated at $150,000 over an 18-month period and may only be used for specific health care related expenses. Dental Insurance: There is no impact to the FY 2010-11 approved budget. Dependent premiums and county contributions will remain the same for 2011. Increases in claim payments are anticipated and are expected to reduce the balance in the dental account. Life/Accidental Death and Dismemberment Insurance; Flexible Compensation Plan/Flexible Spending Accounts; and Employee Assistance Program: There is no additional budget impact. All costs are based on the number of active employees or participants and will remain the same for 2011, fluctuating throughout the year due to the number of covered employees. Supplemental Benefits: There is no financial impact to the County because the cost of these benefits is borne by the employees who participate. Annual Leave: There is no financial impact because leave is already incorporated into annual salaries, and the same amount of leave will continue to be paid at separation from Orange County. RECOMMENDATION(S): The Manager recommends that the Board: • Authorize the Manager to sign the Early Retiree Reinsurance Program Plan Sponsor . Application and Plan Sponsor Agreement and authorize the Manager or designee to carry out the program; • Approve the renewal of the fully-insured health insurance plans with the NCACC at an increase of 6.5%;