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HomeMy WebLinkAboutResolution 080-2003 Resolution No. SO-03 Establishing Medical Insaraace MoQthly Contribation Rates For The City Of Brookings Health Insuranee Program WHEREAS, Resolution No. 109-9b established a self-funded program for the provision of health insurance for City emptoyees; and WHEREAS, establishing a corridor fund for sharing of savings and risk for a specified claimant allows savings to the Health Plan; and WHEREAS, the Brookings City Council intends to establish the levels of employe;e and employer contribution to fund the program; NOW,THEREFORE,BE IT RESOLVED,that the 2004 employee and employer contributions to the self- funded health insurance program be established as follows: City Generai Public Safety Re�esented Public Safety Management Employer's Employee's Employefs Employee's &Non-represenRed Shere(75%) Sha[e(ZS%) Shate(95%) Shalre(5%) Employec's Shaze(85"/0)Employee's Share(15%) Singie $251.08 583.69 5318.03 $16.74 5284.55 550.22 EmployeelMinor $430.98 $143.66 $545.91 $28.73 $488.45 $86.19 Dependents Employee/Spouse �536.86 �178.95 $fi80.02 $35.79 �608.44 5107.37 Family $666.32 $222.11 $844.01 544.42 $755.17 $133.26 Passed and approved this 16�'day of December 2003. OF BR04KINGS tt erman, Mayor zo 0••�q cJa�•�� G�• `V//����� N� � �� es, City Clerk