Orange County NC Website
2 <br />Non-Departmental -Employee Health Insurance <br />3, At its October 3, 2005 meeting, the Board of County Commissioners approved the renewal <br />of employee health insurance plans through the North Carolina Association of County <br />Commissioners (NCACC) Health Insurance Trust effective January 1, 2006. The approval <br />included a change as recommended by the Manager for the implementation of a $250 per <br />member/$750 per family annual deductible for inpatient hospital services and outpatient <br />hospital services for the Blue Cross Blue Care plan, With the addition of the deductible, the <br />overall renewal increase is 16,5 percent rather than the previously quoted 22.3 percent if <br />current deductible levels remained the same. The approved budget for FY 2005-06 <br />provided funding for up to a 15,9 percent increase or about $361,024. With the approved <br />16.5 percent increase, additional funds of $19,212 would be needed to cover the cast of the <br />increase, This budget amendment provides for the appropriation of fund balance from the <br />General Fund in the amount of $19,212 to cover the additional health insurance costs <br />needed for FY 2005-06, (See Attachment 1, column #3) <br />FINANCIAL IMPACT: Financial impacts are included in the background information above. <br />RECOMMENDATION (S): The Manager recommends that the Board of County Commissioners <br />approve the attached budget ordinance amendments, <br />