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HomeMy WebLinkAboutRes 2014-80 - IRS Sec 125 Flexible Benefits PlnCaIPERS Health Insurance Enrollment - Septemember 2014 Plan Name Blue Shield Access+ Los Angeles Area 1441 1443 Blue Shield Access+ Other Southern California 1421 1422 1423 Blue Shield NetValue Other Southern California 1433 Kaiser Permanente California Other Southern California 3081 3082 3083 PERS Choice Los Angeles Area 3212 PERS Choice Other Southern California 3231 3232 3233 Grand Total Premium Changes result in an overall Decrease in premiums: Annualized: Plan Count 2014 Premium 3 1 2 24 3 3 18 1 1 24 3 5 16 1 1 60 10 16 34 113 $2,913.45 $469.91 $2,443.54 $30,311.19 $1,629.63 $3,259.26 $25,422.30 $1,188.64 $1,188.64 $32,912.27 $1,808.37 $6,027.90 $25,076.00 $1,198.38 $1,198.38 $79,837.40 $6,122.50 $19,592.00 $54,122.90 $148,361.33 2015 Premium $3,210.79 $517.87 $2,692.92 $33,405.30 $1,795.98 $3,591.96 $28,017.36 $1,262.07 $1,262.07 $31,657.08 $1,739.40 $5,798.00 $24,119.68 $1,170.36 $1,170.36 $77,509.76 $ 5, 944.00 $19,020.80 $52,544.96 $148,215.36 -$145.97 $ (1,751.64) SCHEDULE B Flex Dollar Allowance Schedule Full Time Employees With Health Insurance Coverage Employee Only Employee + 1 Employee + 2 or More Premium Coverage Actual premium rate for any CaIPERS health plan — except PersCare. Employee's selecting PersCare will receive a premium credit equivalent to the PersChoice rate for their family size. Without Health Insurance Coverage Cash in lieu of premium Employee Only Employee + 1 Employee + 2 or More Dental & Vision Employee Only Employee + 1 Employee + 2 or More $150.00 $150.00 $150.00 Actual Premium Actual Premium w/dependants Actual Premium w/ dependants Flex Dollars $ 50.00 $50.00 $50.00 Part Time Employees (Work between 20 and 40 hours per week) With Health Insurance Coverage Employee Only Employee + 1 Employee + 2 or more Without Health Insurance Coverage Employee Only Dental & Vision Employee Only Employee + 1 Employee + 2 or More Premium Coverage 50% of current premium paid for employees with regular full-time status Cash in lieu of premium $75.00 50% of actual Premium 50% of actual Premium 50% of actual Premium Flex Dollars $25.00 $25.00 $25.00 Council Members (effective January 1, 2013) With Health Insurance Coverage Premium Coverage Individual Only (No Dependents) Actual premium Rate up to 2nd highest cost plan Without Health Insurance Coverage Cash in Lieu of Premium Individual Only (No Dependents) Dental & Vision Employee Only Cash benefit equal to the amount of the individual premium for the 2nd highest cost plan, including dental & vision premiums. Actual Premium - individual only Flex Dollars $50.00 Amended on 9/25/2014 for an effective date of January 1, 2015 REQUEST: CITY OF PALM DESERT OFFICE OF THE CITY MANAGER STAFF REPORT Amend the Flexible Spending Plan, Schedule B, to be consistent with language in the 2014 Memorandum of Understanding with the Palm Desert Employees Organization. SUBMITTED BY: Lori Carney, Human Resources Manager DATE: September 25, 2014 CONTENTS: Revised Schedule B Schedule of current health plan enrollments Resolution No. 2014- 80 Recommendation: Authorize the City Manager to amend "Schedule B" of the City's IRS Section 125 Flexible Benefits Plan (Cafeteria Plan), to be consistent with language in the 2014 Memorandum of Understanding with the Palm Desert Employees Organization. Background The City of Palm Desert provides benefits through an IRS Section 125 Flexible Spending Plan. The longstanding policy of the City is to provide coverage for employees and their dependents, at the PersChoice level for PPO, or for a HMO offered through CaIPERS. In July 2014 the City entered into a new Memorandum of Understanding (MOU) with the Palm Desert Employees Organization which did not change this policy. In reviewing the 2015 CaIPERS plan offerings and related premiums it became apparent that the language in Schedule B of the Section 125 plan did not adequately describe the benefit nor was it consistent with the language in the MOU. In order to provide clarity and consistency staff recommends revising Schedule B with the attached language. CaIPERS continues to aggressively manage health care costs, lowering premiums for the PersChoice PPO plan for 2015. Although there are some increases to HMO plans, Resolution No. 2014-80 Flexible Spending Plan Revise Schedule B January 1, 2015 — Staff Report Date: September 25, 2015 Page 2 of 2 such as Blue Shield and Anthem, the overall impact to the City's costs are negligible because more than half of our employees choose a PPO. Some of the new HMO plans have higher premiums than those currently selected by employees; however it appears unlikely that any current staff will elect one of these more expensive HMO's as they provide the same benefits and doctor networks in the Coachella Valley. Staff anticipates that there will be a reduction in overall premium payments of approximately $1,800 for 2015. Of course this number fluctuates with changes in family sizes and plan choices; however based on historical changes the impact should be immaterial. Fiscal Analysis No direct fiscal impact is anticipated by this change. Overall changes in premium expenses are anticipated to be reduced for 2015 by $1,800, and funds are available in department budgets. Submitted By: CITY COUNCIL ACTION APPROVED Dedi+,..W RECEIVED OTHER /doh MEETING DA -;S" WA/ AYES:/'f,7�1k, /� .�,r, ia��i�er NOES m Lori Carney, Human Resources Manager ABSENT: Pi Approval: Paul Gibson, Director of Finance /117,4-,evw.ft,aarw John M. Wohlmuth, City Manager ABSTAIN: VERIFIED BY: _1 //C- Original on File with City ork's Office RESOLUTION NO. 2014- 80 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, RESTATING THE CITY OF PALM DESERT IRS SECTION 125 FLEXIBLE BENEFITS PLAN; WHEREAS, Section 125 of the Internal Revenue Code allows employees to choose among two or more appropriate levels of health benefits for themselves and their families; and WHEREAS, the City of Palm Desert first adopted its flexible benefits plan in 1999; and WHEREAS, the Flexible Benefits Plan is not considered discriminatory to collective bargaining units; and WHEREAS, over the years the plan has been amended to reflect changes in Federal law and the City's benefits structure; and WHEREAS, it is beneficial to amend Schedule B to be consistent with current bargaining unit agreements for ease of recordkeeping; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Palm Desert, California, adopt the attached City of Palm Desert IRS Section 125 Cafeteria Plan, Schedule B; and PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council, held on this 25th day of September, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: VAN TANNER, MAYOR ATTEST: RACHELLE KLASSEN, CITY CLERK City of Palm Desert, California