Agenda - 09-20-1994 - Laserfiche WebLink

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4114Q8/11142,4+ f) yam g11' .,eT 1 P u n 2 ac' Orange County Personnel Department 208 S. Cameron Street Tel: 919-732-8181 Post Office Box 8181 September 15, 1994 919-968-4501 Hillsborough, NC 27278 919-688-7331 919-227-2031 Fax: 919-644-3009 MEMORANDUM TO: Orange County Board of Commissioners John Link, County Manager FROM: Elaine Holmes, Personnel Director SUBJECT: 1995 Orange County Health and Dental Insurance Rates Attached are the planned health and dental insurance rates effective January 1, 1995. The health insurance rates reflect an approximate 13.6 percent increase in Blue Cross and Blue Shield (BC/BS) rates and a three percent increase in Healthsource (formerly Carolina Physicians' Health Plan) rates. The 1994-95 budget included funds for an approximate 15 percent increase in health insurance cost beginning January 1, 1995. The County costs shown on the attachment are within the budget. The County health insurance subsidy amounts for individual and dependent coverage shown on the attachment are calculated in the same way as in past years. In summary, both the County and the employee cost for the BC/BS plan are increased by approximately 13.6 percent. The same dollar amount of subsidy for dependent coverage has been applied to the Healthsource plan as that provided for BC/BS. Employees will see the rate increases in paychecks issued on December 2, 1994 for coverage effective January 1, 1995. The annual open enrollment period is scheduled for the week of October 17. The dental insurance rates are the current rates and no increase is recommended for 1995. If you have any question or would like additional information, please give me a call (extension 2552 ) . An Equal Opportunity/Affirmative Action Employer