Agenda - 05-30-2013 - 2 - Laserfiche WebLink

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Employee Health Care Background Permanent employees are currently eligible for health insurance with United Healthcare. Two plans are available: a traditional Point of Service (POS) plan with co -pays and co- insurance and a High Deductible Health Plan (HDHP) paired with a Health Savings Account which has no co -pays. Both plans allow out of network services. The County pays for employee coverage and pays 52.0% of the cost of dependent coverage based on the lower cost plan (currently the HDHP). To offset the difference in the higher priced POS and the HDHP, the County contributes the difference of $1,237.20 to a Health Savings Account for each employee enrolled in the HDHP. Employees with dependent coverage will see an increase in their portion of the premiums, particularly those in the POS. Health Plan 2013 County Cost (Individual Coverage) Employee Deductible /Maximum Co- Insurance Co -Pays $510.15 /month + None, all services are $1,237.20 /member, $1,500/$2,000 (offset subject to deductible, HDHP which equals $613.26 by $1,237.20= then covered at 80% county cost/month $262.80/$2,000) until maximum co- insurance is reached $20/$40 for $500/$1,000 (co -pays Primary/Specialist do not apply to the Office Visits; POS $631.18 /month deductible or maximum $4/$25/$45 co- insurance limit) prescriptions; $50 Urgent Care and $150 Emergency Room In 2013, the County continued the same contribution to the Health Savings Account for employees participating in the High Deductible Plan and pro -rated the contribution for newly hired employees. When new employees become eligible for health insurance, those electing the High Deductible Plan receive a lump sum of $103.10 for each month remaining in the Plan Year. With this approach, an employee hired in March who enrolled in the HDHP received $927.90 in their Health Savings Account on April 1. Since September 2010, the County has retained the services of benefits consultants Mark III to assist with the entire benefits package, including health insurance. The cost to the County for Mark III's services is $2.00 per employee per month until December 31, 2013. The renewal for 2014 will continue at the same rate. Based on early claims data, Mark III has projected up to an 8.0% increase in premiums for a renewal of the same benefits beginning January 1, 2014. Because the FY 2012 -13 health care budget was based on last year's projection, the projected budgetary increase for FY 2013 -14 is $226,444 (January through June). Changing the funding ��s1'1