Commission Meeting Agenda Item
Agenda Item
FY 2019-2020 Benefits (Medical, Dental, Life Insurance, Long Term Disability, Short Term Disability, Critical Illness, Accident Coverage)
Department
Human Resources
Staff Recommended Motion
Approval of the FY 2019-2020 benefits as presented in the budget to take effect on October 1, 2019.
Summary
- Health (Florida Blue-PRM) —7% increase — One-year renewal — employer paid benefit
- Dental (Florida Combined Life-PRM) — 5% decrease — One-year renewal — employer paid benefit
- Employer Paid Life (The Standard-PRM) — Year two of a three-year rate guarantee — employer paid benefit
- Voluntary Life (The Standard-PRM) — Year two of a three-year rate guarantee — employee paid benefit
- Long Term Disability (The Standard-PRM) — Year two of a three-year rate guarantee — employer paid benefit
- Short Term Disability (The Standard-PRM) — Year two of a three-year rate guarantee — employee paid benefit
- Vision (Eye Med) — Year three of four-year contract — employee paid benefit
- Critical Illness — employee paid benefit (no increase)
- Accident Coverage — employee paid benefit (no increase)
Fiscal Impact
Budgeted $1,453,144.00; Total anticipated cost $1,349,568.42; Savings $103,575.58
Funding Account
Will be taken from each department’s 23-20 (health insurance) line item.
MG/nvs
Downloads
Commission Meeting Agenda Item 2019152 (.pdf document)