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Agenda - 11-02-2005-5c
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Agenda - 11-02-2005-5c
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Last modified
9/2/2008 1:36:24 AM
Creation date
8/29/2008 10:39:49 AM
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Template:
BOCC
Date
11/2/2005
Document Type
Agenda
Agenda Item
5c
Document Relationships
Minutes - 20051102
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2005
ORD-2005-196 - Budget Ordinance Amendment #4
(Linked From)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2000-2009\2005
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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 />
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