Title
A Resolution authorizing the City Manager to renew the medical insurance plan with Florida Blue with an overall cost decrease of 2% from the previous year for an additional one-year term, effective October 1, 2018; further authorizing the renewal of Florida Combined Life Dental Insurance (with no premium increase for the DHMO and PPO Plan) and the UNUM Life and AD&D Insurance Plans (with no premium increase guaranteed for 12 months), effective October 1, 2018.
Body
In 2014, the City issued an RFP for group health insurance, dental insurance and vision insurance. Florida Blue was selected to provide group health insurance, Florida Combined was selected for dental insurance, Humana was selected for vision, and UNUM was selected for life and AD &D insurances.
The Florida Blue group health renewal provides a decrease of 2% and will be providing the City with $50,000 in wellness monies. The Florida Combined Life dental renewal, which is composed of 2 dental plans, has a 0% increase for the DHMO and PPO. The UNUM life and AD & D insurances will renew with +5% premium increase. Therefore, the monthly insurance rates will be as follow:
HMO BLUECARE 57 FLORIDA BLUE CITY SUBSIDY EMPLOYEE
PREMIUM MONTHLY COST
Employee
$780.52
$780.52
$-
Employee + Spouse
$1,348.73
$780.52 + $284.33
$283.88
Employee + Child(ren)
$1,220.74
$780.52 + $202.28
$237.94
Employee + Family
$1,572.93
$780.52 + $404.23
$388.18
(Please note that there are 400 active employees in the HMO 57 plan and 28 retirees.]
HMO BLUECARE 56 FLORIDA BLUE CITY SUBSIDY EMPLOYEE
PREMIUM MONTHLY COST
Employee $920.60 $7...
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