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<br /> In FY2019/2020 and FY2020/2021, the Board of County Commissions approved the County's
<br /> continued participation in the North Carolina Health Insurance Pool with no increase to the Health
<br /> Insurance Fund. A total health insurance budget of$13.3 million (including health savings account
<br /> contributions) is based on current enrollments of employees and pre-65 retirees and the budget
<br /> and its respective premium equivalent rates for health insurance for employees and pre-65
<br /> retirees have been maintained.
<br /> The County has continued to maintain financial stability since the onset of NCHIP membership
<br /> and subsequently there has been no increase to employees or to the County's Health Insurance
<br /> budget. Further, the County has not increased insurance premium equivalents for employees
<br /> since 2015; the County incurred the total funding responsibility of any premium equivalent
<br /> increase.
<br /> Health Insurance
<br /> The following table summarizes the breakdown of the County and employee contribution
<br /> relationship for both health insurance plans based on current enrollment for employees and pre-
<br /> 65 retirees. Also, demonstrated on the table is the County contribution for $1,416 for health
<br /> savings accounts for employees and pre-65 retirees enrolled in the High Deductible Plan.
<br /> Attachment 1 shows more detail of this summary.
<br /> NCHIP RATES ORANGE COUNTY(SUMMARY)
<br /> July 1,2021-June 30,2022
<br /> Enrollment Enrollment Enrollment TOTAL COST EMPLOYEE EMPLOYER
<br /> PPO HDP Total CONTRIBUTION CONTRIBUTION
<br /> ACTIVE 721 197 918 $11,181,542 $1,206,319 $9,975,223
<br /> PRE-65 RETIREES 105 14 119 $1,400,467 $128,232 $1,272,235
<br /> TOTAL 1037 $12,582,009 $1,334,551 $11,247,458
<br /> Health Savings Account $1,416
<br /> ACTIVE $278,952 197 $278,952 $0 $278,952
<br /> PRE-65 RETIREES $19,824 14 $19,824 $0 $19,824
<br /> TOTAL $298,776 $0 $298,776
<br /> ACTIVE $11,460,494 $1,206,319 $10,254,175
<br /> PRE-65 RETIREES $1,420,291 $128,232 $1,292,059
<br /> TOTAL ENROLLMENT AND HEALTH SAVINGS ACCOUNT $12,880,785 $1,334,551 $11,546,234
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