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R2007-237 AUTHORIZING AGREEMENT WITH BLUE CROSS BLUE SHIELD OF ILLINOIS
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R2007-237 AUTHORIZING AGREEMENT WITH BLUE CROSS BLUE SHIELD OF ILLINOIS
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10/23/2015 3:27:17 PM
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10/23/2015 3:27:17 PM
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Resolution/Ordinance
Res Ord Num
R2007-237
Res Ord Title
AUTHORIZING AGREEMENT WITH BLUE CROSS BLUE SHIELD OF ILLINOIS - STOP LOSS COVERAGE POLICY
Approved Date
12/26/2007
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� 1 f • <br /> i , � � � Monthly Premium shall be equal to the amounts obtained by multiplying the number of Individual and Family <br /> Coverage Units for a particular Month by: <br /> $ 13.11 for each Coverage Unit <br /> The foliowing applies if the answer to item B.5. above is "Yes" (Individual Stop Loss Coverage includes <br /> coverage of Run-Off Paid Claims): In the event of termination at the end of a Policy Period, an additional <br /> premium amount equal to 20% of the annualized Premium based on the participation of the two months <br /> immediately preceding termination will be due within 10 calendar days of receipt of the billing. <br /> 7. The premium is based upon a current membership of 236 Individual Coverage Units and 424 Family <br /> Coverage Units. <br /> Additional Provisions: <br /> The undersigned person represents that he/she is authorized and responsible for purchasing stop loss coverage on behalf <br /> of the Employer Group. It is understood that the actual terms and conditions of coverage are those contained in this <br /> Exhibit and the Stop Loss Coverage Policy into which this Exhibit shall be incorporated at the time of acceptance by Blue <br /> Cross and Blue Shield of Illinois, a Division of Health Care Service Corporation, a Mutual Legal Reserve Company <br /> ; MCSC"). Upon acceptance, HCSC shall issue a Stop Loss Coverage Policy to the Employer Group. Upon acceptance of <br /> this Exhibit and issuance of the Stop Loss Coverage Policy, the Employer Group shall be referred to as the "Policyholder." <br /> Penny Dunlevy <br /> Sales Representative Signature of uthorized Purchaser <br /> Steve Garman <br /> Richard Poltorak City Manager <br /> Name of Underwriter Title of Authorized Purchaser <br /> 12/ /07 December 26 , 20Q7 <br /> Date <br /> ATTEST: /n / ��S <br /> .�����t � <br /> City Cler ' <br /> INTERNAL USE ONLY Date Application approved by Underwriting: I <br /> Name of Underwriter. 'I <br /> C�A 10-4.1 HCSC Rev. 4/07 <br />
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