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HomeMy WebLinkAboutAmnd Flex Spending Plan - Blue Shield HMO PlanCITY OF PALM DESERT OFFICE OF THE CITY MANAGER STAFF REPORT REQUEST: Amend the Flexible Spending Plan to cover employee health insurance premiums up to the Blue Shield HMO plan. SUBMITTED BY: Lori Carney, Human Resources Manager DATE: November 18, 2010 Recommendation: Authorize the City Manager to amend "Schedule B" of the City's IRS Section 125 Flexible Benefits Plan (Cafeteria Plan), providing premium conversion up to the Blue Shield HMO Rate for 2011 and excluding PersCare for 2011 and future years. Background In order to continue the practice of the City paying health care premiums for the HMO plans the City needs to adopt a new "Schedule B" to the Cafeteria Plan (attached). At its meeting of October 14, 2010, the Council directed the City Manager to proceed with amendment to the Cafeteria Plan to allow for the payment of HMO premiums. Blue Shield Premium Increase 2011 — Staff Report Date: November 18, 2010 Page 2 of 2 Fiscal Analysis If authorized, the total cost for this change is not to exceed $38,400, which has been offset by staff reductions. No change to the FY 2010/2011 budget is necessary. Submitted By: Lori Carney, Human Resources Manager Approval: Paul Gibson, Director of Finance John M. Wohlmuth, City Manager CITY COUNCIL ACTION APPROVED V' .I)ENIEI) RECEIVED OTHER MEETING DATE 1/-M-)L'/0 AYES: Px") fbCq Fe c6erd NOES: A(r) ABSENT: Al Oi1 ABSTAIN: Af tr)11 VERIFIED BY? Rb K /r Original on File with City ClerkOftice SCHEDULE B Flex Dollar Allowance Schedule With Health Insurance Coverage Employee Only Employee + 1 Employee + 2 or More Without Health Insurance Coverage Employee Only Employee + 1 Employee + 2 or More Premium Coverage Actual premium rate up to 2nd highest cost plan Actual premium rate up to 2nd highest cost plan Actual premium rate up to 2nd highest cost plan Cash in lieu of premium $150.00 $150.00 $150.00 Dental & Vision Flex Dollars Employee Only Actual Premium $50.00 Actual Premium Including Employee + 1 dependants $50.00 Actual Premium Including Employee + 2 or More dependants $50.00 -21 -