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HomeMy WebLinkAboutAGENDA REPORT 1994 0518 CC REG ITEM 08QITEM g 6; 4 City of Moorpark Agenda Report TO: The Honorable City Council FROM: Richard Hare, Deputy City Man4ge'11 4 DATE: May 10, 1994 ( CC Mtg. 5,18/94- SUBJECT: Consider Health Insurance Coverage for Employees Background Over the last two months, staff has attempted to obtain quotes from the Southern California Joint Powers Insurance Authority, United, Blue Shield, Aetna and Blue Cross for health insurance coverage. Quotes have been received from every entity with the exception of PERS. Staff has met with an employee health insurance benefit review committee (Committee) to discuss the plans and quotes received thus far. In order to continue uninterrupted coverage and allow ample time to review alternative programs, staff and the Committee recommend renewal of the current policy with United Insurance. None of the plans match the benefits provided by United Insurance. United has offered a 7 percent reduction in premium which will reduce annual health insurance costs by over $10,000, based on the analyzed census. The Committee still plans to meet to discuss and compare the PERS plan to the United plan, but at this point, the Committee favors continuance with United Insurance. The City may cancel the policy with 30 days notice at any time during the policy year if further review by staff and the Committee indicates that another policy is preferred, and Council directs cancellation. Recommendation Authorize the City Manager to execute health insurance coverage with United Insurance to extend current policy with coverage changes effective June 1. 1994. ^K, Cry, " :o� Mee;:. 199 ::TION: V C: IWPWIN60 ',.CC.REP'•11EAI ;rHRI {.WPI)