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HomeMy WebLinkAboutCity of Tamarac Resolution R-97-2261 Temp. Reso. #7986 September 8, 1997 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-97- c� p A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE A 13.39% INCREASE IN PREMIUM FOR THE RENEWAL OF THE CITY'S DENTAL INSURANCE PROGRAM WITH THE PRUDENTIAL; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECIIVE,QATE. WHEREAS, the dental insurance was awarded to the Prudential Insurance Company effective October 1, 1996 through an expression of interest process; and WHEREAS, the rates for the group dental insurance program has increased this renewal period; and WHEREAS, the group dental insurance rates will increase approximately 13.39% effective October 1, 1997 due to the loss ratio of 96.4% for the last six months; and WHEREAS, The Risk Manager recommends approval of the group dental insurance program for employee dental insurance benefits effective October 1, 1997; and WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to provide low cost group dental insurance benefits for City employees. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: -SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and is hereby made a specific part of this Resolution. TI N 2: That the appropriate City officials are hereby authorized to approve a 13.39% u 1-1 1 2 Temp. Reso. #7986 September 8, 1997 increase in the monthly rate the City contributes for dental insurance coverage for City of Tamarac employees. The monthly rates shall be increased from $13.20 to $14.97 for single coverage; from $26.60 to $30.16 for employees plus one; and from $37.16 to $42.14 for family coverage effective October 1, 1997. SECTION 3: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4: If any clause, section, 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 5: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this ATTEST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I here approved this 11 HILL S. KRAI Cl Y ATTORNEY (c:\wpdata\reso7986\sms) day of 1997. JOE SCHREIBER MAYOR RECORD OF COMMISSION MAYOR SCHREIBER DIST 1: COMM. McKAYE DIST 2: V/M MISHKIN DIST 3: COMM. SULTANOF DIST 4: COMM. ROBERTS r� 11 !n� Pnulenl:,il Ire;ur,inr.r, (;ninp.ury of Aintnra � � (� J� � (aTerri Johnsen !)900 North •Amlrmr • Avr;nue, '>uito 1000, For! L,iuderd, lo, H 3:3309 Dental kcowit :M,viager rr,l 954 938 31 £ 9 fax 9h4 // 1054Z Prudential HealthCare July 3, 1997 Susan Sinclair The City of Tamarac 7525 Northwest 88th Avenue Tamarac, Florida 33321 RE: Dental Renewal for City of Tamarac, #74940 Dear Susan: C•C^'I\r I—�!:?;1 e Ir11Jri�1L�I r Our underwriters have just completed their review of the case demographics and experience for City of Tamarac. The renewal calls for a premium increase of 13.39%. Effective October 1, 1997 the new rates will be: Employee: $14.97 Employee + One: $30.16 Family: $42.14 Our records indicate that there are currently 169 employees enrolled in our plan. In spite of having 89% penetration in the DMO , the loss ratios for the most recent 5 months are 98%, 64%, 100%, 114% and 106%, which resulted in the 13.39% increase. Susan, please review this information and contact either myself or Alina if you would like to discuss this further. We appreciate our relationship with The City of Tamarac and look forward to the opportunity to continue to provide the dental care services to their employees and their families in the future. Sincerely, Tern L. Johns Dental Account Manager Cc: Alina Casasus Dom Messano