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Ib,~ <br />LEE COUNTY <br />® Committed Today for a Better Tomorrow <br />To Bob Brown, Chairman, Board of Commissioners f~ c r~ f 2v~ <br />From: Joyce McGehee, SPHR Human Resources Director <br />Date April 10, 2007 <br />Subject: Medical Insurance Renewal <br />I respectfully request to change insurance carriers for the County's health insurance benefits to BCBS for <br />2007/2008 plan year beginning August 1, 2007. The savings would be approximately $196,517. <br />Mark III notified the County that our current health insurance carrier, CIGNA, has submitted a renewal of <br />23%. The current plan has had a lot of experience in the last few months with several significant claims <br />such as two premature infants and a major cardiac incident. The plan is running at 27% higher than the <br />previous year. Also, the prescription drug portion is running extremely high this plan year. <br />® The Broker was instructed to obtain quotes from BCBS of North Carolina. The quote was a 12% increase <br />over the current year. The plan would be PPO plan with an out of network option. The network has <br />been reviewed and it offers an excellent selection of physicians and hospitals. The change in co-pays <br />would be minimal with the most significant being a 75% co-pay on certain drugs not to exceed $100. The <br />plan offers free generic drugs for the first six months of the plan year. <br />Please find attached correspondence from Mark III Brokerage <br />attachments: Correspondence from Mark III <br />cc: Kenny Cole, Assistant County Manager <br />Office of Human Resources <br />P.O. Box 1968 <br />® Sanford, NC 27331-1968 <br />919-718-4615 <br />