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R2018-116 Authorizing Agreement with BlueCross BlueShield of IL for Adminstration of the City Group Health Benefit Plan for Calendar Year 2019
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R2018-116 Authorizing Agreement with BlueCross BlueShield of IL for Adminstration of the City Group Health Benefit Plan for Calendar Year 2019
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9/6/2018 10:10:20 AM
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9/6/2018 10:10:19 AM
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Resolution/Ordinance
Res Ord Num
R2018-116
Res Ord Title
Authorizing Agreement with BlueCross BlueShield of Illinois for Administration of the City Group Health Benefit Plan for Calendar Year 2019
Department
Finance
Approved Date
9/4/2018
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preponderance of higher priced Rx prescriptions, resulting in the increased credit, however, offset <br /> by a higher incurrence of increased Rx claim expense. The stop loss fee increase is the result of <br /> certain medical claim costs exceeding the stop loss level. In addition, the city will implement the <br /> BCBS "virtual visit" program in 2019, targeted to provide a more convenient and plan cost lower <br /> alternative to non-emergency treatment. <br /> Refer to the fee comparison schedule in the medical renewal document attached for additional <br /> details on the pricing proposal. <br /> POTENTIAL OBJECTION: <br /> There are no known objections to this resolution request. <br /> INPUT FROM OTHER SOURCES: <br /> K Hubbard Insurance and Bonds, Rick Semonis, Broker and Advisor to the City for Employee <br /> Benefit matters <br /> STAFF REFERENCES: <br /> Billy Tyus, City Manager <br /> Gregg D. Zientara, City Treasurer& Director of Finance <br /> BUDGET/TIME IMPLICATIONS: <br /> Approval at this time will allow employee open enrollment period to be conducted during the <br /> month of October enabling improved timing of year to year transition with BlueCross BlueShield <br /> of Illinois, providing benefit to all covered members. <br /> Page 2 of 2 <br />
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