Orange County NC Website
Attachment 3 <br /> Orange County Health Insurance Waiver Option <br /> A. Waiver Amount <br /> The health insurance waiver amount has remained the same($67.50 each month) since <br /> the option began in 1987. In 1987 $67.50 was the monthly amount the County paid <br /> toward employee only health insurance coverage. <br /> B. Employees Participating in the Waiver Option <br /> Year Number Participating <br /> 1995 46 <br /> 1994 43 <br /> 1993 53 <br /> 1992 49 <br /> 1991 47 <br /> 1990 35 <br /> 1989 24 <br /> 1988 13 <br /> 1987 12 (estimated) <br /> C. Cost of Waiver Option <br /> Current Annual Cost at$67.50 with 46 Employees Participating: $37,260 <br /> Estimated Annual Cost of Waiver Option if Amount Changed To: <br /> Monthly Amount Waiver Annual Cost Based On 46 Employees <br /> $60 $33,120 <br /> $50 $27,600 <br /> $40 $22,080 <br /> $30 $16,560 <br /> $20 $11,040 <br /> D. Cost if Employees In Waiver Enroll In Health Insurance Coverage <br /> Coverage Type Annual Cost Based on 46 Employees <br /> Employee Only at $52,633 <br /> $162.85 per month <br /> fpers\comp\dep7.wpd <br /> October 8, 1995 <br />