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HomeMy WebLinkAboutResolution 078-2007 RESOLUTION NO. 78-07 ESTABLISHING 2008 MEDICAL INSURANCE MONTHLY CONTRIBUTION RATES FOR THE CITY OF BROOKINGS HEALTH INSURANCE PROGRAM WHEREAS,Resolution No. 109-96 established a self-funded program for the provision of health insurance for City employees;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 employee and employer contribution to fund the program; NOW,THEREFORE,BE IT RESOLVED,that the 2008 employee and employer contributions to the self-funded health insurance program be established as follows: City General Public Safety Employees Employer's Employee's &Non-Represented PS Employees Employer's Employee's Share(75%) Share(25%) TOTAL Share(85%) Share(15%) Single $380.18 $126.73 $506.91 $430.87 $76.04 Employee/Minor $652.60 $217.53 $870.13 $739.61 $130.52 Dependents Employee/Spouse $812.91 $270.97 $1,083.88 $921.30 $162.58 Family $1,008.94 $336.31 $1,345.25 $1,143.46 $201.79 Passed and approved this 27th day of November, 2007. CITY OF BROOKINGS Scott "sterman,Mayor `, °Rd' a4) .;:tt (7"A 0467 a/ hari hornes, City Clerk