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Res No 179-16-14734RESOLUTION NO.179_16-14734 AResolution authorizing the City Manager topurchasegrouphealthinsurancebenefits from Blue Cross BlueShieldfor the City of South Miamifull time employees and participating retirees. WHEREAS,the Benefits Consultant,Brown&Brown of Florida securedmorefourthancompetitive quotes forthe City's Group Health Insurance and staff recommends to continue with Blue Cross Blue Shield as the selected healthbenefits provider:and. WHEREAS,City staff compared the insurance rates,benefits plan,provider networkas well asthe City'spreviousclaimsratio;and WHEREAS,theCity Commission wishes toapprovethe selection of Blue Cross Blue Shield forthe provisionofgrouphealthinsurancebenefitsfor all full timeemployeesandparticipating retirees. WHEREAS,thepremiums shall bechargedtodepartmentallineitemsintheirrespectiveaccount numbers. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA THAT: Section I.TheCityCommissionhereby authorizes theCityManager to execute the healthinsurance renewalpolicywithBlue Cross BlueShieldfor full timeemployeesand retirees for the 2016-2017 Fiscal Year. Section 2.This resolution shall take effectimmediatelyupon adoption. PASSED AND ADOPTED this 20tfrday of Sept.2016. ATTEST: q±]CU± CITY CLERK READ AND APPROVED AS TO FORM, LANGUAGE,LEGAWTY AND, EXECUTJ0N TbffiKEOF: APPROVED: COMMISSION VOTE: Mayor Stoddard: ViceMayor Welsh: Commissioner Edmond: Commissioner Harris: Commissioner Liebman: 5-0 Yea Yea Yea Yea Yea Soutlf Miami THE CITY OF PLEASANT LIVING CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM To:The Honorable Mayor &Members of the City Commission From:Steven Alexander,City Manager Date:September 20,2016 AgendaItemNo. Subject:A Resolution authorizing the City Manager to purchase Group Insurance benefits from BlueCrossBlue Shield for the City of South Miami full time employees and participating retirees. Background:Typically,healthcare costsare expected torise10-15%each year andbased on that industry forecast the City budgeted foran increase of15%toallow for proper assumptions inthis regard.TheCity's benefits consultant, Brown&BrownofFlorida,Inc.per Resolution 137-16-14692,solicited quotes for the employee group insurance coverage for South Miamifull time employees for the PlanYear 2016-2017.BlueCrossBlueShield,the City's current health insurance carrier,first proposed renewal rate represented a10%plus increase.Despite the City's high medical loss ratio for the current benefit year,and after intense negotiations,the final renewal rate is nearly 5%less than last year's premium amount.The renewal is appropriately funded in the proposed Budget for FiscalYear 2016-2017. recommended action:Based upon the proposals received,staff recommends the City renew the current health insurance plans with Blue Cross Blue Shield. The proposed rates are based on the current number of enrollees and as follows: Low HMO HighHMO POS Employee $579.46 $620.40 $733.68 Employee +Spouse $1,379.13 $1,476.54 $1,816.01 Employee +Children $1,066.22 $1,141.53 $1,403.97 Employee +Family $1,807.93 $1,935.64 $2,289.08 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 RESOLUTION NO. A Resolution authorizing the City Manager to purchasegroup health insurance benefits fromBlueCrossBlueShieldfor the City of South Miamifull time employees and participating retirees. WHEREAS,the Benefits Consultant,Brown &Brown of Florida securedmorefourthan competitive quotes for the City's Group HealthInsuranceandstaff recommends to continue withBlue Cross BlueShieldas theselectedhealthbenefitsprovider:and. WHEREAS,Citystaff compared the insurance rates,benefits plan,provider networkas well asthe City's previous claimsratio;and WHEREAS,theCity Commission wishestoapprovethe selection of Blue Cross Blue Shield forthe provision ofgroup health insurance benefits for all full time employees and participating retirees. WHEREAS,the premiums shall be charged to departmental line items intheir respective account numbers. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA THAT: Section I.The City Commission hereby authorizes the City Manager to execute the health insurance renewalpolicywith Blue CrossBlue Shield for full timeemployeesandretireesforthe 2016-2017 Fiscal Year. Section 2.Thisresolution shall takeeffect immediately upon adoption. PASSED ANDADOPTEDthisdayof ,2016. ATTEST: CITY CLERK READ AND APPROVED AS TO FORM, LANGUAGE,LEGALITY AND EXECUTION THEREOF: CITY ATTORNEY APPROVED: MAYOR COMMISSION VOTE: Mayor Stoddard: ViceMayorWelsh: Commissioner Edmond: Commissioner Harris: Commissioner Liebman: October 2016 Medical Plan Comparison forCityof South Miami Carrier Name Plan Type Product name Calendar Year Deductible (CYD) Individual/Family Provider Services Primary Care OfficeVisit Specialist OfficeVisit Adult Wellness (Includes Preventive Lab) Hospital Services InpatientHospital Hospital Physician Services Outpatient Hospital Emergency Room Outpatient Facility/Diagnostic (Non-Preventive) Ambulatory SurgeryCenter Lab/X-Ray Major Diagnostic (MRI.CAT.CT.PET) Urgent Care Annual Out-of-Pocket Maximum Includes Deductible (yes/No) Individual /Family Lifetime Maximum Prescription Drugs Tier 1/Tter 2/Tier 3/T?er 4fTTer 5 %Change in Annual Premium FloridaBlue FloridaBlue FloridaBlue BlueCare BlueCare BlueOptions 60 56 03768 $325/day upto5 days $0 OpenAccess $200/day upto5 days N/A $2,500/$7,500 OpenAccess FloridaBlue BlueCare OpenAccess $325/day up lo 5 days FloridaBlue BlueCare 56 $200/day uptoSdays $0 N/A $2.500/$7.500 FloridaBlue BlueOptions 03768 $45 $579.46 16 1 4 0 $620.40 1 0 1 0 $733.68 $1,379.13 $1,47654 $1,816.01 $1,066.22 $1,141.53 $1,403.97 $1,807.93 $1,935.64 $2,289.08 $49,995.92 $15,969.06 $2,137.65 $68,102.63 $817,231.56 Rates shown are based on census data provided.FinalratesaresubjecttounderwritingandactualenrollmentThis comparison isfor illustrative purposes only.Thefullpolicyand certificate of coverage wBlsupersede anyandallmaterialsprovidedherein.Page 4of4