Orange County NC Website
2 <br /> Non-Departmental — Employee Health Insurance <br /> 3. At its October 3, 2005 meeting, the Board of County Commissioners approved the renewal <br /> of employee health insurance plans through the North Carolina Association of County <br /> Commissioners (NCACC) Health Insurance Trust effective January 1, 2006. The approval <br /> included a change as recommended by the Manager for the implementation of a $250 per <br /> member/$750 per family annual deductible for inpatient hospital services and outpatient <br /> hospital services for the Blue Cross Blue Care plan. With the addition of the deductible, the <br /> overall renewal increase is 16.5 percent rather than the previously quoted 22.3 percent if <br /> current deductible levels remained the same. The approved budget for FY 2005-06 <br /> provided funding for up to a 15.9 percent increase or about $361,024. With the approved <br /> 16.5 percent increase, additional funds of $19,212 would be needed to cover the cost of the <br /> increase. This budget amendment provides for the appropriation of fund balance from the <br /> General Fund in the amount of $19,212 to cover the additional health insurance costs <br /> needed for FY 2005-06. (See Attachment 1, column #3) <br /> FINANCIAL IMPACT: Financial impacts are included in the background information above. <br /> RECOMMENDATION (S): The Manager recommends that the Board of County Commissioners <br /> approve the attached budget ordinance amendments. <br />