HomeMy WebLinkAboutCity of Tamarac Resolution (309)Temp. Reso. #9931- October 16, 2002
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2002--3 Q
A RESOLUTION OF THE CITY COMMISSION
OF THE CITY OF TAMARAC, FLORIDA,
AUTHORIZING THE APPROPRIATE CITY
OFFICIALS TO APPROVE THE RENEWAL OF
THE CITY'S DENTAL INSURANCE PROGRAM
WITH AETNA LIFE INSURANCE COMPANY
EFFECTIVE JANUARY 1, 2003 WITH A RATE
INCREASE OF 13.7%; PROVIDING FOR THE
CONTINUATION OF THE EXISTING COST
ALLOCATION OF THE DENTAL INSURANCE
PREMIUM BETWEEN THE CITY AND
EMPLOYEES; APPROVING THE
APPROPRIATE BUDGETARY TRANSFERS OF
FUNDS; PROVIDING FOR CONFLICTS;
PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the dental insurance was awarded to Aetna Life Insurance
Company and is scheduled to expire on December 31, 2002; and
WHEREAS, the rates for the group dental insurance program have
increased this renewal period as indicated in the renewal letter received from
Aetna Life Insurance Company, attached hereto as Exhibit #1; and
WHEREAS, the group dental insurance rates will increase approximately
13.7% effective January 1, 2003; and
WHEREAS„ the Human Resources Director recommends approval of the
group dental insurance program for employee dental insurance benefits
effective January 1, 2003; and
Temp. Reso. #9931- October 16, 2002
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WHEREAS, available funds exist in the appropriate funds which
are in the approved FY2003 Budget; and
WHEREAS, the City Commission has deemed it to be in the best
interest of the citizens and residents of the City of Tamarac to provide group
dental insurance benefits for City employees.
NOW, THEREFORE, BE lT RESOLVED BY THE CITY COMMISSION OF THE.
CITY OF TAMARAC, FLORIDA:
SECTION 1: That the foregoing "WHEREAS" clauses are hereby
ratified and confirmed as being true and correct and are hereby made a specific
part of this Resolution.
SECTION 2: That the appropriate City officials are hereby
authorized to approve the renewal of the City's dental insurance program with
Aetna Life Insurance Company effective January 1, 2003 with a rate increase of
13.7%. The monthly premiums shall be increased as follows: $20.55 to $23.37
for single coverage; $41.39 to $47.06 for employees plus one; and $57.83 to
$65.75 for family coverage effective January 1, 2003.
SECTION 3: That the appropriate City officials are hereby
authorized to continue the existing cost allocation of the dental insurance
premium between the City and employees.
SECTION 4: That the appropriate City officials are authorized to
enact any appropriate budget transfers as needed for this purpose.
SECTION 5: That all resolutions or parts of resolutions in conflict
herewith are hereby repealed to the extent of such conflict.
Temp. Reso. #9931- October 16, 2002
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SECTION 6: That if any clause, section, or other part or
application of this Resolution is held by any court of competent jurisdiction to be
unconstitutional or invalid, in part or application, it shall not affect the validity of
the remaining portions or applications of this Resolution.
SECTION 7: This Resolution shall become effective immediately
upon adoption.
PASSED, ADOPTED AND APPROVED this 23`d day of October, 2002.
M-ITCHELL S. DRAFT
CITY ATTORNEY'
RECORD OF COMMISSION VOTE:
MAYOR SCHREIBER
DIST 1: VIM. PORTNER
DIST 2: COMM. MISHKIN
DIST 3: COMM. SU�.TANOF
DIST 4. COMM. ROBERTS,
EXHIBIT I
October 16, 2002
Maria Swanson
City of Tamarac
7 525 NW 88th Avenue
'Tamarac, 171. 33324
Fie: Dental Renewal
Dear Marie:
Our underwriting department has completed the financial analysis of your group
Dental InsLararice in connection with the 1/1/03 renewal period.
The following factors are among those, taken into consideration in determining
your prerim.-Jrr) rates for the coming plan year.
• Your benefit plan design
The experience results for you plan
• Changes in the size of your group and the ages of the group members
® Changes in dental trend
Based on this analysis we have determined the future costs of your dental
insurarice coverage. As a result, they increase will be 13.7% and the new rates
are displayed on your enclosed rate sheets.
Thank you for yor.rr business and it's been our pleasure to provide healthcare
henetits to your employees and their covered dependents. We look forward to
continue doing business with you.
SincQre
;J'q
-ZY P. Fenton
/= "Acccount Manager
UA
Summary of Monthly Billing, Rates
Policyholder:
The C by of Tam ar-.rc•
Prior PHC C"trl # :
74940
IRwe
('ntwwrlro»r
(;urrc"nt
('uMent
Rate 1/1/W
PAR) li()('
A ..
r'ollitien_(
1.r1 _...
1xMV5
f�clio/t ..n Rdt
I-..rnployec Only
140
YAM
!? 7M) $23, 3'
Frnpioyee and ()ne 17c i, _ndcnt
61
S4139
$47A
I:ml lcryc:c Gtnd gamily
84
M83
ANT
Plan Desirirr
f??!1.(,
100/loll/ho
Office Vi°,il t'xrpasnlcnt:
Sow
I)MO Whodon6w
0%
Adult Orthodontia Covered:
No
tnc_icrnrtitvm
C"rrin�;rrrnrrcc ({'/i:3/til ):
1;0/�o/>I)
Deductible (Ind!} ;rrn)
$100/(.ix fain)
Annual Maximum.
$ l too
Orthodontia Coinsi.wancc:
Not covered
Orthodontia L,.71CIIrne tila.;{,rntutll'
N/A
Orlhodoinia Dcdnntih1c:
i•J/1
Acluli t)rthudontia C:ovnsrcd.
TVA
hates may he atuxted H:
covered population chanor more; current enrolled lives arc 285;
legislation or regulation is enacted tlr:,it aftea the bulents paytahie, elig,iVAQ
or contractual provisions;
- these is any other rriworiW change in the condition under which the plan operates.
A-LIdiWon it I -.(. tai�r�rvftti
Insured rate inclur,e0.00%commissions,
where i cr•mitted by state law, late entrant rules will cowinue to hr r iplirci at annual
enrollment and throughout the year (no true "open enrollment").
I) v1O wncwal rates assume no plan changes.
Indemnity renewal rates assume plan changes.