Agenda - 4-7-14 Reg. Meeting - Laserfiche WebLink

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LEE COUNTY Committed Today for a Better Tomorrow LEE COUNTY BOARD OF COMMISSIONERS ITEM ABSTRACT ITEM NO. VI. E. _ Information Meeting Date: April 7, 2014 XX Action Item Consent Agenda SUBJECT Renewal of Lee County Health Insurance Plan DEPARTMENT Human Resources CONTACT PERSON Joyce McGehee, SPHR, IPMA -CP, Human Resources Director REQUEST: Approve proposed health insurance recommendations SUMMARY It is proposed that Lee County remain with BCBS of North Carolina for health insurance purposes for the 2014/2015 plan year. It is proposed that the current PPO health insurance benefit remain the same for FY 2014/2015. The PPO Plan is a basic co -pay plan of $20 for office visits and pharmacy co -pays of $4, $40 and $55. The monthly cost to the employee will be 58.06 per month for those employees who participate in the county's wellness program and screenings. Non - participants premiums will increase from $75.40 to $83.06 per month. It is proposed that the current HSA Plan remain the same with a $1,000 contribution by the county for those employees who participate in the county's wellness program and screenings. Non - participants will receive a $700 contribution to their HSA Account. The county's contribution is made to the HSA Plan to help defray costs because the HSA Plan does not have co -pays for office visits and pharmacy. Employees are responsible for 100% of charges up to $1,500 before BCBS pays anything. The employee monthly premium will remain at $0. It is proposed that retirees who are pre -sixty five (65) have the option of choosing between the PPO and the HSA (premiums for PPO will be $83.06 per month) (0 premiums for HSA and $700 in HSA Contribution). It is proposed that Post — 65 retirees remain on the MAPD Plan which is expected to increase in January 2015 by 9.5 %. BUDGET IMPACT Cost increase of 11.3% ($252,782.52) annually ATTACHMENTS (1) 2014/2015 Renewal Rates, and (2) Group Application PUBLIC HEARING No RECOMMENDATION Approve health insurance recommendations and authorize the Chairman to sign the application and contract of Blue Cross and Blue Shield for Health Insurance effective August 1, 2014 through July 31, 2015.