HomeMy WebLinkAboutO-2006-2781-B (original in 2004)
20
REQUEST FOR CITY COUNCIL AGENDA ITEM
Agenda Date Requested:
9-5-06
Appropriation
Requested By:
Rohert Swanagan
Source of Funds:
Medical Fund
Department: HumaJl Reiourc:ei
Account Number: 014-6144-515-6061
Report:
Resolution:
Ordinance:
x
Amount Budgeted:
Ordinance 2004-2781
Amount Requested:
Exhibits:
Exhibits: Chapter 172 ERIBB Recommendations
Budgeted Item: YES NO
Exhibits: Memo Dehra B. FeazelJe
SUMMARY & RECOMMENDATION
'I..
This amendment to Ordinance 2004-2781 would update the language to Exhibit A-5 Premiums to read:
The Total Premium Cost is the Total annual dollar allocated each year by budget as approved by City
Council for the City of La Porte for Health Insurance for each employee, including employee and employer
contributions
Action Required bv Council:
Amend Ordinance 2004-2781 authorizing change in language which defines Premium cost allocated by the
City of La Porte each year. . Also, City Council action requires action on Chapter 172 ERIBB
recommendations from 8-10-06 Meeting.
/()d~
~
q- 5-00
Date
ORDINANCE NO. 2004-2781-B
AN ORDINANCE ADOPTING AN AMENDMENT TO THE CITY OF LA PORTE EMPLOYEE
POLICIES HANDBOOK BY AMENDING SECTION 9A, DRETIREE MEDICAL
COVERAGED, PROVIDING FOR THE TERMS AND CONDITIONS OF RETIREE
MEDICAL COVERAGE, PROVIDING AN EFFECTIVE DATE OF SAID AMENDMENT,
PROVIDING A SEVERABILITY CLAUSE, FINDING COMPLIANCE WITH THE OPEN
MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
Section 1. The city of La Porte Employee Policies Handbook is
hereby amended, by amending Section 9A, "Retiree Medical Coverage"
in form attached hereto as Exhibit "A", incorporated by reference
herein, and made a part hereof for all purposes.
Section 2. If any section, sentence, phrase, clause, or any
part of any section, sentence, phrase, or clause, of this ordinance
or amendment of the City of La Porte Employee Policies Handbook
hereby adopted, shall, for any reason, be held invalid, such
invalidity shall not affect the remaining portions of this
ordinance, or said Employee Policies Handbook, and it is hereby
declared to be the intention of this city Council to have passed
each section, sentence, phrase, or clause, or part thereof,
irrespective of the fact that any other section, sentence, phrase,
or clause, or part thereof, may be declared invalid.
Section 3.
The City Council officially finds, determines,
recites, and declares that a sufficient written notice of the date,
hour, place and subject of this meeting of the City Council was
posted at a place convenient to the public at the City Hall of the
City for the time required by law preceding this meeting, as
required by the Open Meetings Law, Chapter 551, Texas Government
Code; and that this meeting has been open to the public as required
by law at all times during which this ordinance and the subject
matter thereof has been discussed, considered and formally acted
upon.
The City Council further ratifies, approves and confirms
such written notice and the contents and posting thereof.
Section 4. This Ordinance shall be effective as of October 1,
2006, and it is to ordered.
PASSED AND APPROVED, this 11th day of September, 2006.
By:
~y OF LA;l:)'E
~L~\~
Alton E. Porter
Mayor
ATTEST:
llMt!. 11 (7/-d(/
Ma ha A. Gillett
City Secretary
A~'
. ~ 'l/-~
Clar . Askins
Assistant City Attorney
2
Exhibit A
9 A Retiree Medical Coverage
1. The following persons are eligible for retiree medical coverage:
A. Present retirees of the City of La Porte receiving retirement annuities
as a qualified annuitant under the Texas Municipal Retirement System,
who have retired in accordance with the City of La Porte Employee
Policies Handbook; and were employed by the City of La Porte at the
time of their retirement. Retirees re-employed after retirement from
the City of La Porte that have employer sponsored health care
coverage available through the new employer.may not continue health
coverage with the City of La Porte unless re-employed with the City of
La Porte. Retirees who are self-employed are eligible for medical
coverage, but occupational illnesses or injuries shall not be covered.
Annual contributions by retirees to the health plan will be based on
current active employee/dependent rates.
B. City employees who retire from the City of La Porte employment on
or before December 31, 2005, as a qualified annuitant under the Texas
Municipal Retirement System; who retire in accordance with the City
of La Porte Employee Policies Handbook; who complete at least 10
years of service with the City of La Porte, and are currently employed
by the City of La Porte at the time of their retirement. Retirees re-
employed after retirement from the City of La Porte that have
employer sponsored health care coverage available through the new
employer may not continue health coverage with the City of La Porte,
unless re-employed with the City of La Porte. Retirees who are self-
employed are eligible for medical coverage, but occupational illnesses
or injuries shall not be covered. Annual contributions by retirees to
the health plan will be based on current active employee/dependent
rates.
C. City employees who retire from City of La Porte employment on or
after January 01,2006 and (1) who have a combination of years of
service with the City of La Porte, plus age, totaling 80; and (2) who
retire as a qualified annuitant under the Texas Municipal Retirement
System; who retire in accordance with the City of La Porte Employee
Policies Handbook; who complete at least 20 years of service with the
City of La Porte, and are currently employed by the City of La Porte at
the time of their retirement. Retirees re-employed after retirement
from the City of La Porte that have employer sponsored health care
coverage available through the new employer may not continue health
coverage with the City of La Porte, except for those with 30 years or
more tenure with the City of La Porte, or for retirees re-employed with
the City of La Porte. If an employee works 30 years or more with the
City of La Porte they may maintain the City of La Porte sponsored
* {~6ert
health plan as secondary, while working for a new employer offering a
health plan option. All applicable costs of the Plan will still apply.
For those retirees who are self-employed, occupational illnesses or
injuries shall not be covered. Annual contributions by retirees to the
health plan will be based on a cost schedule determined by years of
service, as established under Section 5, "Premiums", of this chapter.
D. City employees meeting the eligibility requirements for (1) disability
retirement under the Texas Municipal Retirement System Act and (2)
have been declared permanently disabled under the Social Security
Act, and have elected to receive Medicare, Parts A and B, shall be
eligible for medical benefits, which shall be secondary to Medicare
benefits, provided they have worked for the City of La Porte for ten
(10) continuous years at the time of disability determination. Costs
associated with retirement under this tier shall be 75% of the city cost.
2. The retiree and dependent coverage will be primary for those participants not
yet qualified for Medicare. The coverage will be secondary for those retirees
and retirees' dependents who are Medicare eligible. If a covered retiree dies,
dependents may continue coverage until the earlier of the date the surviving
spouse remarries, obtains group insurance, or becomes entitled to Medicare,
or until any unmarried children financially dependent upon the covered retiree
is 25 years of age. Surviving dependents shall pay the appropriate
contribution toward dependent coverage as established in this chapter.:.
3. Retirees who work for another employer offering health coverage shall not be
eligible for retiree health coverage from the City after their subsequent
employment ends, regardless of the length of service with the subsequent
employer.
4. Retirees who delay their retirement annuity shall not be eligible for retiree
health coverage from the City.
5. Premiums: The City of La Porte utilizes a self-funded medical plan so there
are no formal premiums paid for health coverage. Each year, during the
budget process, an amount is determined for each employee to cover claims
and administration of the medical fund.
~osts to the retiree, retiring on or after January 0 I, 2006, shall be based on a
cost schedule determined by years of service:
At least 20 years of service Retiree pays 60% of city cost
+ Dependent premiums
At least 21 years of service Retiree pays 55% of city cost
+ Dependent premiums
At least 22 years of service Retiree pays 50% of city cost
+ Dependent premiums
At least 23 years of service Retiree pays 45% of city cost
+ Dependent premiums
At least 24 years of service Retiree pays 40% of city cost
+ Dependent premiums
At least 25 years of service Retiree pays 35% of city cost
+ Dependent premiums
At least 26 years of service Retiree pays 30% of city cost
+ Dependent premiums
At least 27 years of service Retiree pays 25% of city cost
+ Dependent premiums
At least 28 years of service Retiree pays 20% of city cost
+ Dependent premiums
At least 29 years of service Retiree pays 15% of city cost
+ Dependent premiums
At least 30 years of service Retiree pays 10% of city cost
+ Dependent premiums
Eligible dependents include: Your lawful spouse who is legally married to and
living with you; natural children; stepchildren; children who, before reaching the
age of 18, are either adopted by you; or other children for whom you have care,
custody and control under court decree. A dependent child must be unmarried and
rely on you for primary support and maintenance. Dependent children remain
eligible until age 25.
6. Retirees may not add dependents once retired. There are no qualifying events to add
dependents. Dependents may be dropped by written request at any time.
7. Retirees shall pay all required contributions to the City by the 15th of the month of
coverage. One annual statement will be mailed to retirees for selection of payment
plan: annual, bi-annual, quarterly or monthly. Failure to pay the required contribution
will result in termination of the member's participation in the City of La Porte
sponsored health plan. Payment delayed beyond 60 days will initiate COBRA
notification for continuation of health coverage once the member is terminated from
the Plan.
CHAPTER 172 EMPLOYEE RETIREE INSURANCE AND BENEFITS BOARD
RECOMMENDATIONS TO CITY COUNCIL FROM THURSDAY, AUGUST 10,
2006 MEETING:
1. Recommends that Flexible Spending Accounts with the Debit Cards be added to
our plan.
2. We do not recommend the Individual Child Premium Load. We could make a 5th
tier in a 4 tier structure with specific language that says dependent children can
remain on the insurance to age 25 if they are a student and not married.
3. We do not recommend the 10% Cost Savings with Plan Design Changes
4. Recommends a one-time deferral at the discretion ofthe Retiree with a spousal
provision as outlined in COBRA. Which is: If a Retiree is carrying their spouse at
retirement then the spouse could re-enter when the retiree re-enters.
5. Recommends that Retiree Over/Under 65 Calculation not be used and
remain as it is.
6. Recommends both Incentive Plans as potential Recruitment Incentives with the
City Council determining which one it wants to adopt, or a combination of both.
7. Recommends the current method of making the Retiree Calculations continue
with clarification of language regarding City budgeted cost and that the coverage
% discount amount applies only for retirees, not dependents. Also, the proposed
Calculator that Neal is developing be implemented to allow any employee to be
able to get an estimate of their insurance cost and their dependents cost at the
current year budgeted City cost and for one additional year.
City of La Porte
Interoffice Memorandum
TO:
Mayor and Council
FROM:
Debra Brooks FeazeIIe, City Manager
DATE:
August 31, 2006
SUBJECT:
Insurance Information
Please find attached additional information regarding insurance. The information is
outlined as follows:
1. Employee Health Services Reconciliation - Spreadsheet and narrative reconciling
the City's budgeted amounts to the amounts presented by Neal Welch.
2. Employee Benefits Graph and Explanation - Comparative graph showing merit
increases in association to insurance contributions by departments and subsidies
from the General Fund.
3. Enhanced Employee Benefits Proposal- Excerpt from the Budget Workshop
presentation.
4. Statement of Revenues for the Insurance Fund - Projected 2006-07 revenues
reflect increase of 15% to both City side and employees and retirees, in which the
budget was built around.
5. Clarification of Insurance Costs Memo
6. Insurance Charts from Neal Welch regarding Premium and Contribution
Projections
a. Chart #1 - FY 2005
b. Chart #2 - FY 2006 Original - Increase only to City Contribution
c. Chart #3 - FY 2006 Revised with Subsidy Column from General Fund
d. Chart #4 - Proposed FY 2007 - Increase in both City Contribution and
Employee Contribution
Explanation of Reconciliation of the Employee Health Services Budget
The attached reconciliation shows how the City's budgeted revenues and expenditures
vary from Neal Welch's premium and contribution projections.
On the revenue side, the amount sent over for the City's contributions is based on
budgeted positions (425 employees and retirees); whereas, on Neal's schedule the amount
shown for the City contributions is only for participants in the insurance plans (374
employees and retirees participating). This variance is the non-participatory revenue and
amounts to approximately $234,959. The other variance regarding revenues is that Neal
does not include an amount for interest earnings. This brings the total variance in
revenues to approximately $257,459.
On the expenditure side, the City's budget includes Y4 of the salary of the Human
Resources Manager, consulting costs, and the special programs (Short-Term and Long-
Term Disability). These expenditures total $110,098. Neal's spreadsheet includes only
the claims administration costs, claims paid and re-insurance premiums. In addition, we
have added another $100,000 to the projected insurance claims. Initially, these were
budgeted at the midpoint, but the $100,000 was added to reduce the City's potential
exposure. This brings the total variance between the City's budgeted expenditures and
Neal's numbers to approximately $210,098.
The non-participatory revenue is used to cover the costs of the expenditures that are not
included in Neal's schedules. Additionally, these revenues are used to contribute to the
fund balance. We are projecting that the Insurance Fund will have approximately 60
days of working capital at the end of FY 2007, which is 30 days below the minimum.
Lastly, the non-participatory revenues are helping to lower the cost to the employees.
Without the inclusion of these revenues, the proposed increases to employees would be
much higher.
\
Employee Health Services Reconciliation
Revenues
Revenue per City
Department Contributions per Employee
($6900/Budgeted Full-time Position)
Employee Contribution
Retiree Contribution
Interest
$ 2,935,800
581,908
57,500
22,500
$ 3,597,708
Reconciling Items:
Non-Participatory Revenue (Net of amount used for Employer Supplement)**
Interest Revenue
234,959
22,500
Revenues per Neal Welch
3,340,249
**Contributions City sends for positions where employees are not participating in City's Insurance Plan (425 FIT & Retirees less 51
non-participants = 374 employees participating in plan per Neal Welch)
Expenditures
Expenditures per City
Personal Services (1/4 ofHR Manager)
Consulting
Claims Administration
Claims Paid
Re-Insurance Premiums (Stop Loss)
Special Programs (SIT & LIT Disability, merit)
$ 19,356
20,000
135,000
3,093,600
213,000
70,742
3,551,698
Reconciling Items:
Personal Services (1/4 ofHR Manager)
Consulting
Special Programs (SIT & LIT Disability, merit)
Additional amount added by City for Claims
19,356
20,000
70,742
100,000
Expenditures per Neal Welch
3,341,600
Summary Explanation for Employee Benefits Graph
The graph is broken down into 3 categories: 1) the average budgeted merit increase
(includes benefits) per employee, 2) the additional insurance subsidies sent from the
General Fund to the Insurance Fund - converted to a per employee amount and 3) the
department contributions per employee that the City sends over per budgeted position.
In FY 2002 and FY 2003, the merit per employee was based on a funding pool of 5% -
employees were eligible to receive up to 7.5%. In FY 2004, the merit plan was
condensed and the funding pool was reduced to 3% - employees eligible for 0-5%. FY
2004 through FY 2007 is based on a 3% funding pool.
In FY 2002, FY 2003 and FY 2006, there were additional subsidies sent over from the
General Fund. The total subsidies were $1,500,000, $1,250,000 and $500,000
respectively. In FY 2002 this is equitable to approximately a 15% pay increase; 12% for
FY 2003 and 5% in FY 2006.
The last category on the graph shows the contribution sent over per budgeted position per
year. The City contribution has increased each year as follows:
Fiscal Year
2003
2004
2005
2006
2007
Increase over
Prior Year
29%
11%
3%
16.5%
15%
Dollar Increase
per Employee
$ 1000
500
150
850
900
Raise
Equivalent
3.6%
1.9%
0.5%
3.0%
2.2%
2
Employee Benefits Provided by City
(Insurance and Merit)
10,000
9,000
8,000
7,000 3,500 4,500
6,000
5,000
4,000
3,000
2,000
1,000
FY2002
FY2003
FY2004
FY2005
FY2006
FY2007
. Average Budgeted Merit per Employee
. Insurance Supplements from General Fund
o Dept Contribution per Employee
FY2002 FY2003 FY2004 FY2005 FY2006 FY2007
Personnel (Full-Time) 377 379 384 376 377 380
Budgeted Merit 498,863 523,806 301,969 311,028 320,359 470,012
Average Budgeted Merit per Employee 1,323 1,382 786 827 850 1,237
Insurance Supplements from General Fund
Total 1,500,000 1,250,000 500,000
Per Employee 3,979 3,298 1,326
Dept Contribution per Employee 3,500 4,500 5,000 5,150 6,000 6,900
Enhanced Employee Benefits Proposal
r--
. Fund Merit Plan - cost $470,012 citywide
. Increase to employees medical contribution - proposed 15%
. Increased city contribution to health fund by 15% - cost $ ($6900/yr/ee)
. Expanding Longevity - 25 years to 30 years - cost $2,320
. Sick Buy Back - cost $220,000
. Provide Short-term and Long-term Disability (Insurance Fund) - cost $70,000
. Five-Year Vesting - cost $6,168
. Expanding Safety Program
. Expanding Wellness Program
. Enhancing Service Awards Program
. Evaluation of all positions to market - compensation plan
-
8/31/2006 1 :09 PM
27
G~
City of La Porte
Insurance Fund (014)
Statement of Revenues
Actual Budget Revised Projected
Object Description 2004-05 2005-06 2005-06 2006-07
Employee Health Services
408.04-01 Charges to Departments 2,159,338 2,539,214 2,539,214 2,935,800
408.04-02 Employee Contributions 415,518 531,716 506,007 581,908
408.04-03 COBRA Contributions 88
408.04-04 Retiree Contributions 59,030 50,000 50,000 57,500
Employee Health Services Subtotal 2,633,974 3,120,930 3,095,221 3,575,208
Administrative Transfers:
480.01-01 Transfer from General Fund 788,591 677,438 1,177,438 681,549
480.01-02 Transfer from Utility Fund 90,137 77,530 77,530 78,001
480.01-08 Transfer from Sylvan Beach Fund 4,204 3,616 3,616 3,638
480.01-10 Transfer from Airport Fund 980 843 843 848
480.01-16 Transfer from LP A W A Fund 2,465 2,120 2,120 2,133
480.01-23 Transfer from Computer Fund 801 689 689 693
480.01-24 Transfer from Vehicle Maintenance Fund 25,005 21,508 21,508 21,638
480.01-28 Transfer from Golf Course Fund 33,451 28,773 28,773 28,947
Administrative Transfers Subtotal 945,634 812,517 1,312,517 817,447
Miscelleneous:
410.01-00 Miscellaneous Revenue 36,030 36,030
Miscellaneous Revenue Subtotal 36,030 36,030
Interest:
483.01-00 Interest Income 22,508 18,000 44,500 45,000
Interest Subtotal 22,508 18,000 44,500 45,000
Total Insurance Fund 3,602,116 3,987,477 4,488,268 4,437,655
i
City of La Porte
Interoffice Memorandum
TO:
Mayor and Council
FROM:
Debra Brooks Feazelle, City Manager
DATE:
August 31, 2006
SUBJECT:
Clarification of Insurance Cost
Depending on where you get your information, msurance costs can have different
definitions.
1. Ask the Budget Office (Shelley) the cost of insurance - She knows the cost to the
budget and she will tell you the "City's contribution" to the Insurance Fund. We
also graph this cost each year for City Council.
2. Ask the Insurance Fund Manager (Robert) the cost of insurance - He knows the
total cost (The "City's contribution" + the "employee's contribution"). This cost
is defined as how much money is needed to provide insurance to employees and
retirees.
3. The formula - Any confusion regarding the calculation from the schedules can be
resolved utilizing the following attached example.
r;
Retiree Summary Reports
"00'" 50"" t
Employee 4
DOB: 12/15/1946
Age: 59 Years
Date of Hire: 12/10/1979
Years of service: 29 Years
Previous service: 0 Years
City of LaPorte Total: 29 Years
Age of 59 + 29 years of service = 89 points
Test 1: 80 points met
Test 2: 20 + years of service met
If Employee retires after 08/31/06, he would qualify for the retiree
health premium discount.
The employee has 29 years service. Per the table, he would fall into
the 15% discount provision at City cost per each year as calculated by
budget + Dependent Coverage if any.
What would be the cost to this employee if he retired after 08/31 /06?
The total cost of his plan as an active employee is:
Employee:
Dependents:
$540.41
$ 191 .60
15% of Employee premium $81.06 + $191.60 = $272.66/Month
tHRH
.
hilb rogal & 1obbs"
Schedule B 25%
Coverage 1st - $1,500 Deductible
Employee Only
Employee & Spouse
Employee and Children
Employee and Family
Coverage 1st - $1,000 Deductible
Employee Only
Employee & Spouse
Employee and Children
Employee and Family
PPO - $500 Deductible
Employee Only
Employee & Spouse
Employee and Children
Employee and Family
PPO - $300 Deductible
Employee Only
Employee & Spouse
Employee and Children
Employee and Family
Total Monthly Funding
Total Annual Funding
Employee/Employer %
Subs
360
City of La Porte
Premium and Contribution Projection
Effective January 1, 2005
23
8
8
22
Proposed Premiums and Contributions
Current
Total Employer Employee Employee
Premium Contribution Contributions Contribution Change
$452.20 $429.17 $18.04 $0.00 $18.04
$581.64 $429.17 $132.47 $104.00 $28.47
$530.40 $429.17 $101.24 $86,67 $14.57
$632.86 $429.17 $190.69 $112.67 $78.02
$487.88 $429.17 $33.70 $0.00 $33.70
$627.51 $429.17 $174.34 $104.00 $70.34
$572.24 $429.17 $138.07 $86.67 $51 .40
$682.77 $429.17 $200.60 $112.67 $87.93
$508.39 $429.17 $54.23 $0.00 $54.23
$653.91 $429,17 $200.74 $104.00 $96.74
$596.31 $429.17 $162.15 $86.67 $75.48
$711.49 $429.17 $225.32 $112.67 $112.65
$554.31 $429.17 $100.14 $0.00 $100.14
$712.95 $429.17 $258.79 $104.00 $154.79
$650.16 $429.17 $215.99 $86.67 $129.32
$775.73 $429.17 $316.56 $112.67 $203.89
$219,551 $154,500 $55,444 $23,929 $31,515
$2,634,610 $1,854,001 $665,328 $287,151 $378,176
100% 70% 25% ,
54
6
6
16
22
23
24
58
33
13
13
31
Assumptions:
1. Humana Smart Suite plan design.
2. Rate differentials based on Humana book of business.
3. Enrollment assumptions based on Humana plan experience.
4. Employee and total premiums are based on previously stated projections of expected costs.
~
The Welch Company
Per Check
$8.33
$61.14
$46.72
$88.01
$15.55
$80.46
$63.72
$92.58
$25.03
$92.65
$74.84
$103.99
$46.22
$119.44
$99.69
$146.10
A
Exhibit 2
City of La Porte
Proposed Premium and Contribution Worksheet
Effective October 1, 2006
Expected Claims
Subs
Coverage 1st - $1,500 Deductible
Employee Only 24
Employee & Spouse 13
Employee and Children 17
Employee and Family 24
Coverage 1st - $1,000 Deductible
Employee Only 50
Employee & Spouse 23
Employee and Children 20
Employee and Family 35
PPo - $500 Deductible
Employee Only 26
Employee & Spouse 19
Employee and Children 10
Employee and Family 21
PPo - $300 Deductible
Employee Only 22
Employee & Spouse 14
Employee and Children 4
Employee and Family 52
374
Total Monthly Funding
Total Annual Funding
Employee/Employer %
* Employee contributions plus subsidy
Proposed Premium and
Contributions
Employer Employee
Contribution Contributions*
$500.00 $25.78
$500.00 $184.74
$500.00 $167.57
$500.00 $212.34
$500.00 $39.94
$500.00 $229.32
$500.00 $211.24
$500.00 $273.76
$500.00 $88.37
$500.00 $291.60
$500.00 $272.97
$500.00 $326.05
$500.00 $139.24
$500.00 $397.26
$500.00 $380.01
$500.00 $421.48
$187,000 $81,520
$2,244,000 $978,240
70% 30%
Total Premium wi
Contributions & Subsidy
$525.78
$684.74
$667.57
$712.34
$539.94
$729.32
$711.24
$773.76
$588.37
$791.60
$772.97
$826.05
$639.24
$897.26
$880.01
$921.48
$268,520
$3,222,240
100%
13
Subs
Coverage 1st. $1,500 Deductible
Employee Only 27
Employee & Spouse 9
Employee and Children 16
Employee and Family 24
Coverage 1st. $1,000 Deductible
Employee Only 50
Employee & Spouse 23
Employee and Children 19
Employee and Fami~y 35
PPO . $500 Deductible
Employee Only 29
Employee & Spouse 16
Employee and Children 11
Employee and Family 16
PPo . $300 Deductible
Employee Only 25
Employee & Spouse 17
Employee and Children 6
Employee and Family 49
Total Monthly Funding
Total Annual Funding
Employee/Employer %
372
City of La Porte
Premium and Contribution Projection
Effective January 1, 2006
Proposed Premiums and Contributions
Total Employer Employee
Premium Contribution Contributions
:
$514.65 $500.00 $14.65
$605.00 $500.00 $105.00
$595.24 $500.00 $95.24
$620.69 $500.00 $120.69
$522.70 $500.00 $22.70
$630.34 $500.00 $130.34
$620.07 $500.00 $120.07
$655.60 $500.00 $155.60
$550.23 $500.00 $50.23
$665.74 $500.00 $165.74
$655.15 $500.00 $155.15
$685.32 $500.00 $185.32
$579.14 $500.00 $79.14
$725.79 $500.00 $225.79
$715.99 $500.00 $215.99
$739.56 $500.00 $239.56
$231,253 $186,000 $45,253
$3,200,000 $2,232,000 $543,032
100% 70% 17%
The Welch COmpany
l=und Subsidy
$11.43
$81.90
$74.29
$94.14
$17.71
$101.67
$93.65
$121.37
$39.18
$129.28
$121.02
$144.55
$61.73
$176.12
$168.47
$186.86
$35,298
$423,575
13%
Total EE
Contribution
....:.'"
$26.08
$186.90
$169.53
$214.83
$40.41
$232.01
$213.72
$276.97
$89.41
$295.02
$276.17
$329.87
$140.87
$401.91
$384.46
$426.42
$80,551
$966,607
30%
Total Premium wi
Contributions & SubsidY
$526.08
$686.90
$669.53
$714.83
$540.41
$732.01
$713.72
$776.97
$589.41
$795.02
$776.17
$829.87
$640.87
$901.91
$884.46
$926.42
$266 551
$3,198,607
c
City of La Porte
Premium and Contribution Worksheet
Effective January 1, 2007
Subs
Coverage 1st - $1,500 Deductible
Employee Only 24
Employee & Spouse 13
Employee and Children 17
Employee and Family 24
Coverage 1st - $1,000 Deductible
Employee Only 50
Employee & Spouse 23
Employee and Children 20
Employee and Family 35
PPO - $500 Deductible
Employee Only 26
Employee & Spouse 19
Employee and Children 10
Employee and Family 21
PPO - $300 Deductible
Employee Only 22
Employee & Spouse 14
Employee and Children 4
Employee and Family 52
Total Monthly Funding
Total Annual Funding
Employer/Employee %
374
-
. 15% increase from 2006 EE Contribution
.. Employer Supplement equates to:
- Non-participatory revenue
- Allocated expenses
- One-time revenues + expenses
- Fund balance contribution
2007
Employer
Contribution
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$575.00
$215,050
$2,580,600
77%
2007 Employe
Supplement"
$3.17
$22.71
$20.60
$26.10
$4.91
$28.19
$25.97
$33.65
$10.86
$35.84
$33.55
$40.08
$17.11
$48.83
$46.71
$51.81
$10,020
$120,240
4%
2007
Employee
Contribution'
$16.85
$120.75
$109.53
$138.79
$26.11
$149.89
$138.08
$178.94
$57.76
$190.60
$178.42
$213.12
$91.01
$259.66
$248.39
$275.49
$53,284
$639,408
19%
Exhibit II
Total 2007
Premium
$595.02
$718.46
$705.12
$739.89
$606.01
$753.08
$739.05
$787.59
$643.63
$801.44
$786.97
$828.19
$683.13
$883.49
$870.10
$902.30
$278,354
$3,340,249
100%
D