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HomeMy WebLinkAboutR-2015-087 - Executed Agreement for Fully Insured Medicare Supplement Group Plan Health Insurance Coverage with Aetna RESOLUTION NO. 2015-087 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE AND ACCEPT AGREEMENT FOR FULLY INSURED MEDICARE SUPPLEMENT GROUP PLAN HEALTH INSURANCE COVERAGE PROCURED USING GEHRING GROUP AS BROKER OF RECORD FOR THE CITY OF DANIA BEACH WITH AETNA FOR MEDICARE SUPPLEMENT INSURANCE COVERAGE BEGINNING OCTOBER 1, 2015 THROUGH DECEMBER 31, 2016 FOR ALL ELIGIBLE RETIRED EMPLOYEES; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Dania Beach obtained the services of the Gehring Group as a Broker of Record to secure coverage for the City's group medical, dental, vision, life, accidental death and dismemberment, supplemental life and short term disability insurance for the 2015- 2016 plan year; and WHEREAS, the Gehring Group secures coverage for the City's group medical plan through the Florida League of Cities that will no longer offer a Medicare Supplement plan with United Healthcare for eligible retirees; and WHEREAS, the Gehring Group was able to acquire coverage with Aetna for Medicare Supplement plans to offer eligible retirees, a plan comparable to the one formerly offered by United Healthcare the previous two years to this Resolution; and WHEREAS, the City Administration has determined that based on the City's claims experience, which the Gehring Group reviewed, and analyzed, it is recommended that the City Administration enter an agreement with Aetna to offer eligible retirees a Medicare Supplement plan for 2015-2016 plan year; NOW,THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the above "Whereas" clauses are ratified and confirmed as being true and correct, and they are made a part of and incorporated into this Resolution by this reference. Section 2. That the proper City officials are authorized to execute appropriate documents to accept the proposal of Aetna on behalf of the City of Dania Beach to provide fully insured Medicare Supplemental coverage provided by Aetna to eligible retirees at the following not to exceed monthly rates: Current FY `15-16 Single Medicare-Florida Residents $ 408.00 $ 489.72 Family (both Medicare)Florida Residents $ 816.00 $ 979.44 Single-Out of State $ 408.00 $ 389.54 Family(both Medicare)Out of State $ 816.00 $ 779.08. Section 3. That funding for the cost of the City's health claims program administration for medical is planned and shall be charged to the City Health Insurance Sub- Fund, Professional Services Account, Acct. No. 501-1800-519-45-41 (retirees). Section 4. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 5. That this Resolution shall be in force and take effect on October 1, 2015. PASSED AND ADOPTED on August 25, 2015. ATTEST: 0�o�pR°Is LOUISE STILSON, CMC CO A. SALVINO, SR. CITY CLERK AYOR ATED APPROVED AS TO O ND CORRECTNESS: THOMAS J. A SBRO CITY ATTORNEY 2 RESOLUTION#2015-087