Orange County NC Website
The NCACC Trust atlvises the ~ 85 percent rate increase results from the increasing trend in <br />health insurance costs generally antl the County's own claims experience. This wmpares to <br />increases in past years as follows: <br /> 3001 - 3000 1999 1988 1987 1996 <br />NCACCTrust 15.6% 4.5% 10%(PCPI p.3% <br />24%(PPO) 8.8%'-15.5% <br />CIGNA 105% 5%-14s%• 13% 2~<-3%' E.0% 24% <br />Cepenaing on w Braga ry0a. <br />County Contribution for Employee Health Inaurence <br />Attached are tM1e draft monthly health insurance rates for 2002. This shows the Total Coaq <br />County Cos[ and Employee Cost for each coverage type. In the past the County has <br />established its wntribution for employee health insurance as the'. <br />• F011 wstfor the individual employee only coverage <br />40 percent of the cost of tlepentlent coverage basetl on the Blue Croae Personal Care plan <br />rate. The County then has applied the dollar amount of the tlepentlent contribution <br />calculated on the Blue Cross Personal Care Plan rate to the Blue Croae Preferretl Provider <br />antl CIGNA plan rates. <br />The aHached rates have been calculated in this same manner. <br />FINANCIAL IMPACT: The cost oRhe proposetl County contribution for intlivitlual coverage <br />and tlepentlent wverage is well whhin the amount butlgetetl for health insurance for 2001-02. <br />The County butlget for fiscal year 2001-02 prOVitles funding for up tc a 15 pement health <br />insurence increase effecOVe January 1, 2002. In dollars, this is about a $230,000 increase for <br />the Oscal year: The estimatetl atlditional general fund wst of the actual renewal rates for the <br />Osral year over the currant rates ie about $106,000. This is about $120,000 less than the <br />amount budgeted forfiacal year 3001-02. <br />RECDMMENDATION(St: The Manager recommends that [he BOaM <br />• Approve renewal of the County health insurence plans and authorize the Chair to sign the <br />implementing InterlOCal Agreement with the NCACC Health Insurance Trust, sublect to the <br />review of stag antl the County Attorney. <br />Approve the attachetl health insurance rates effective January i, 2002. <br />