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R97-120 RESOLUTION NO. R97-//~'~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING RENEWAL OF GROUP INSURANCE COVERAGES WITH BLUE CROSS/BLUE SHIELD OF FLORIDA-HEALTH OPTIONS FOR HEALTH INSURANCE, METLIFE FOR DENTAL INSURANCE AND CIGNA FOR GROUP LIFE AND GROUP LONG- TERM DISABILITY INSURANCES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Boynton Beach, Florida, upon recommendation of staff, has deemed it to be in the best interests of the citizens and residents of this City to authorize the renewal of group insurance coverages with Blue Cross/Blue Shield of Florida-Health Options for Health Insurance, Metlife for Dental Insurance and CIGNA for Group Life and Group Long-Term Disability Insurances; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida does hereby authorize the renewal of group insurance coverages with Blue Cross/Blue Shield of Florida-Health Options for Health Insurance, Metlife for Dental Insurance and CIGNA for Group Life and Group Long-Term Disability InSurances. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ,~' day of August, 1997. ATTEST: C-~(ty Clerk ,x~¢muu Commissioner ).Blue Cross ' ~F.Uo~eaShield June 20, 1997 HEALTH OPTIONS ~' Mr. Dale Sugerman Assistant City Manager CITY OF BOYNTON BEACH 100 E. Boynton Beach Boulevard Boynton Beach, FL 33425 Dear Mr. Sugerman: It has been a pleasure serving the City of Boynton Beach with the Employee Health insurance plan over the past several years. Recently, we had the opportunity to discuss, with your Consultants, Scott Harris and Steve Barden, the proposed October 1, 1997 renewal offer. Based on a re-evaluation of the experience, we have been able to adjust our original renewal offer as follows: Effective October 1, 1997, our renewal rates for the City of Boynton Beach will be: Employee $161.78 Employee & Spouse 335.83 Employee & Children 311.56 Family 389.86 We thank you for your continued business and look forward to another excellent year serving the City of Boynton Beach. Best Regards, Maribeth Grokhowsky, RHU Account Manager MG/km CC: Scott Harris Steve Barden Group Insurance Solutions, Inc. SOUTH FLORIDA REGION )0 N.W. 33 Street · Suite 100 Miami, FL 33122-1932 Telephone 305/591-9955 1-800-955-7635 40025 (Rev. 2/94) CI~Y 3303 W. Commercial Blvd. · Suite 110 ~t. Lauderdale, FL 33309-3444 Telephone 954/735-4673 I-I 2161 Palm Beach Lakes Blvd. · Suite 214 W. Palm Beach, FL 33409-6679 Telephone 1-800-955-7635 Independent Licensees of the Blue Cross and Blue ShieM Association. ® REGISTERED MARKS OF THE BLUE CROSS AND BLUE SHIELD ASSOCIATION. ®'REGISTERED MARK OF BLUE CROSS AND BLUE SHIELD OF FLORIDA, INC. M^NA.GEP,'S' 0FFIC£ I-I 900 E. Prima Vista Blvd. Port St. Lucie, FL 34952 Telephone 561/878-3157 CITY OF BOYNTON BEACH 1997-1998 INSURANCE RENEWAL CALCULATIONS TYPE FY '96-'97 FY '97-'98 DIFFERENCE City Medical $1,449,292 $1,350,721 City Dental 141,671 171,707 City LTD 88,368 98,008 City Life ($10,000) 36,791 38.502 City Totals $1,716,122 $1,658,938 $ 98,571 <30,036> < 9,640> < 1,711> $ 57,184 Employee Medical Employee Dental Employee LTD Employee Life (Supp.) Employee Totals $ 875,076 $ 812,683 96,241 127,794 N/A N/A 50.909 51.655 $1,022,226 $ 992,132 $ 62,393 <31,553> N/A < 746> $ 30,094 Grand Totals $ 2,738,348 $ 2,651,070 $ 87,278 MONTHLY CHANGES IN RATES HEALTH INSURANCE '96-'97 '97-'98 DIFFERENCE Employee $173.82 $161.98 $ -11.84 Employee/Spouse 186.99 174.05 -12.94 Employee/Child 161.00 149.78 -11.22 Family 245.04 228.08 - 16.96 DENTALINSURANCE '96-'97 '97-'98 DIFFERENCE Employee Family 15.88 28.54 $ 20.23 40.04 $ 4.35 11.50 LIFE INSURANCE '96-'97 '97-'98 DIFFERENCE Basic Basic AD&D .38/1000 .05/1000 .40/1000 .06/1000 .02/1000 .01/1000