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R2020-149 Resolution Authorizing Agreement with BlueCross BlueShield of Illinois for Administration of the City Group Health Benefit Plan for Calendar Year 2021
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R2020-149 Resolution Authorizing Agreement with BlueCross BlueShield of Illinois for Administration of the City Group Health Benefit Plan for Calendar Year 2021
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10/27/2020 3:27:41 PM
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10/27/2020 3:27:40 PM
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Resolution/Ordinance
Res Ord Num
R2020-149
Res Ord Title
R2020-149 Resolution Authorizing Agreement with BlueCross BlueShield of Illinois for Administration of the City Group Health Benefit Plan for Calendar Year 2021
Department
Finance
Approved Date
10/19/2020
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Financial Management <br /> DATE: 10/14/2020 <br /> MEMO: Finance Department <br /> TO: Honorable Mayor Julie Moore Wolfe, <br /> Members of the City Council <br /> FROM: Scot Wrighton,City Manager <br /> Gregg D. Zientara,City Treasurer&Director of Finance <br /> SUBJECT: Resolution Authorizing Agreement with B1ueCross B1ueShield of Illinois for Administration of the City Group <br /> Health Benefit Plan for Calendar Year 2021. <br /> BACKGROUND: Costs for third-party administration(TPA)of group insurance claims is just one of many components of the <br /> city's employee health benefits program This component's cost will decrease in 2021. The overall aggregate cost of the <br /> employee group insurance program,however,will increase in 2021. <br /> ATTACHMENTS: <br /> Description Type <br /> Letter to Council Cover Memo <br /> Resolution Cover Memo <br /> BCBS ASO Renewal document Cover Memo <br />
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