HomeMy WebLinkAboutR-2023-065 Florida Municipal Insurance Trust Renewal of Health Insurance for FY23-24RESOLUTION NO.2023- W
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA
BEACH, FLORIDA, AUTHORIZING THE PROPER CITY OFFICIALS TO
EXECUTE AND ACCEPT THE AGREEMENT FOR RENEWAL OF THE
CITY'S FULLY INSURED MEDICAL PLAN BROKERED BY THE GEHRING
GROUP, AS BROKER OF RECORD FOR THE CITY OF DANIA BEACH,
WITH THE FLORIDA MUNICIPAL INSURANCE TRUST, FOR INSURANCE
COVERAGES BEGINNING OCTOBER 1, 2023 THROUGH SEPTEMBER 30,
2024, FOR ACTIVELY WORKING AND NON -MEDICARE 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 health, dental, and vision insurance for
the 2023-2024 plan year; and
WHEREAS, the City Administration, based on the City's claims experience that the
Gehring Group reviewed and analyzed, recommends that the City renew medical plans from the
Florida Municipal Insurance Trust ("FMIT"), and a dental plan from Cigna. The City's vision plan
from EyeMed, Life/AD&D and Long -Term Disability plans from New York Life, and a Short -
Term Disability plan administered by the Maxon Companies are in rate guarantee for the 2023-
2024 plan year; and
WHEREAS, in consultation with Gehring Group, City Administration also recommends
renewing Section 125 plan spending account administration with Ameriflex, and the City -paid
Identity Theft solution; and
WHEREAS, based on the City's Collective Bargaining Agreement ("CBX ), the cost
sharing for medical insurance premiums will remain sixteen percent (16%) for employees and
eighty four percent (84%) for the City until modified by a subsequent CBA; and
WHEREAS, based on current employee and non -Medicare eligible retiree census data, the
City's annual medical plan premium cost will be reduced to Two Million Ninety -Nine Thousand
One Hundred and Eighty -Four Dollars ($2,099,184); based on current employee and all eligible
retiree census data, the City's annual dental insurance premiums will increase to One Hundred
Twenty -Three Thousand Four Hundred and Thirty -Seven Dollars ($123,437); annual vision plan
premium will remain flat at Fourteen Thousand Four Hundred and Forty -Seven Dollars ($14,447);
annual Life/AD&D plan premium will remain flat at Forty -Four Thousand Three Hundred and
Twenty -Two ($44,322) Dollars; and annual Long -Term Disability plan premium will remain flat
at Twenty -Nine Thousand One Hundred and Five ($29,105) Dollars.
NOW, THEREFORE, BE IT RESOLVED BY TIRE 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 renewal proposal of the Florida League of Cities — Florida Municipal
Insurance Trust on behalf of the City to provide fully insured medical coverage to eligible
employees and non -Medicare eligible retirees at the following not to exceed monthly rates:
Traditional Plan
Current
FY 22/23
Proposed
FY 23/24
Employee only
$785.10
$775.68
Employee+ 1
$1,548.08
$1,529.50
Family
$2,375.58
$2,347.07
High Deductible
Health Plan
Employee only
$678.35
$670.21
Employee +l
$1,337.60
$1,321.55
Family
$2,052.59
$2,027.96
Section 3. That the proper City officials are authorized to execute appropriate
documents to accept the renewal of Cigna on behalf of the City to provide fully insured dental
coverage to eligible employees and retirees at the following not to exceed monthly rates:
Dental Plan
Current
FY 22/23
Proposed
FY 23/24
Employee only
$29.46
$30.34
Employee + 1
$70.30
$72.41
Family
$105.46
$108.62
2 RESOLUTION #2023- O(JVS-
Section 4. That the proper City officials are authorized to execute appropriate
documents to accept the renewal of EyeMed on behalf of the City to provide fully insured vision
coverage to eligible employees and retirees at the following not to exceed monthly rates:
Vision Plan
Current
FY 22/23
Proposed
FY 23/24
Employee only
$4.39
$4.39
Employee + 1
$8.33
$8.33
Family
$12.24
$12.24
Section 5. That, for those employees who elect the High Deductible Health Plan, the
City will provide Seven Hundred and Fifty Dollars ($750.00) for employee -only coverage, and
One Thousand Five Hundred Dollars ($1,500.00) for dependent coverage, in a Health Savings
Account to be used to offset insurance deductibles.
Section 6. That the City will provide an annual incentive of Four Thousand Dollars
($4,000.00) to employees who choose to opt out of the City's Medical Insurance and who provide
proof of other group insurance coverage.
Section 7. That funding for the cost of the City's health insurance program package is
planned and shall be charged to the individual departmental City Health Insurance expenditure
accounts (23-10) for active employees and General Fund account 001-18-00-519-45-41 for
retirees, respectively.
Section S. That the City Commission authorizes the City to exceed the annual vendor
threshold of Fifty Thousand Dollars ($50,000.00) for the aforementioned health insurance program
components, as necessitated for fiscal year 2023-2024.
Section 9. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section 10. That this Resolution shall be in force and take effect on October 1, 2023.
3 RF-SOLUTION #2023- GLOS
PASSED AND ADOPTED on July 11, 2023.
Motion by Comm 11 Jame►..:A, . a ,n
FINAL VOTE ON ADOPTION:
Commissioner Joyce Davis
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Commissioner Tamara James
Commissioner Marco Salvino
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Vice Mayor Lori Lewellen
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Mayor Archibald J. Ryan IV
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CITY CLERK
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APPROVED AS TO FORM AND CORRECTNESS:
E . B SIS
I ATTORNEY
RESOLUTION #2023- C(V S—