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CURRENT AND CAFETERIA PLAN COSTS <br /> <br />Current Insurance Benefits Monthly Monthly Annual Employee <br /> No. of Premium* City City Share of <br /> Empl. Total Other Cost Cost Premium <br />Employee 41 235.73 235.73 115,979.16 <br />Employee & Spouse 6 467.58 430.00 30,960.00 37.58 <br />Employee & Children 13 414.78 414.78 64,705.68 - <br />Family 7 764.38 430.00 36,120.00 334.38 <br /> <br />67 247,764.84 <br /> <br />Cafeteria Option A (I) <br />Full Cafeteria Plan - all employees receive $430. O0 per month <br /> Monthly Monthly Annual Employee <br /> No. of Premium* City City Share of <br /> Empl. .Total Other Cost Cost Premium <br />Employee 41 235.73 194.27 430.00 211,560.00 <br />Employee & Spouse 6 467.58 430.00 30,960.00 37.58 <br />Employee & Children 13 414.78 15.22 430.00 67,080.00 <br />Family 7 764.38 430.00 36,120.00 334.38 <br /> <br />67 345,720.00 <br /> <br />97,955.16 <br /> <br />Cafeteria Option B (IliA) <br />Full Cafeteria Plan - employees <br /> <br /> receive different amount depending on coverage taken. <br />- core benefits are reduced to $750. O0 deductible health insurance <br /> Monthly Monthly Annual Employee <br /> <br /> No. of Premium* City City Share of <br /> Empl. Total Other Cost Cost Premium <br />=mployee 41 183.02 106.98 290.00 142,680.00 <br />Employee & Spouse 6 356.91 73.10 430.00 30,960.00 <br />Employee & Children 13 317.31 102.70 420.00 65,520.00 <br />Family 7 579.51 440.00 36,960.00 139.51 <br /> <br />67 <br /> <br /> 276,120.00 <br />ADDITIONAL CITY COST 28,355.16 <br /> <br />Employee <br /> Cost to <br /> Buy Up <br /> 52.71 <br /> 110.68 <br /> 97.48 <br /> 184.88 <br /> <br /> Available <br />for other <br />after Buy Up <br /> 54.27 <br /> (37.58) <br /> 5.22 <br /> (324.38) <br /> <br />Cafeteria Option C (IV) <br />Full Cafeteria Plan - employees get core plus a set amount per month <br /> - core benefits are reduced to $750.00 deductible health insurance <br /> - Other for Employee includes cost to buy up to $15.00 deductible. <br /> Monthly Monthly Annual Employee <br /> <br /> No. of Premium* City City <br /> Empl. Total Other Cost Cost <br />Employee 41 235.73 75.00 310.73 152,879.16 <br />Employee & Spouse 6 356.91 75.00 431.91 31,097.16 <br />Employee & Children 13 317.31 75.00 392.31 61,199.58 <br />Family 7 579.51 75.00 654.51 54,978.42 <br /> <br />67 <br /> <br />Share of <br /> Premium <br /> <br /> 300,154.32 <br />ADDITIONAL CITY COST 52,389.48 <br /> <br />' 'iditional City Cost is based on current enrollment. This may increase or decrease <br /> depending upon enrollment(demographic) changes. <br />*Health is based on Medica Elect premium. <br />(1) Health is reduced 73% to get to estimated $750.00 deductible. <br /> <br />~2~oo <br />Bnfficmt <br /> <br />Employee <br /> Cost to <br /> Buy Up <br /> <br /> 110.68 <br /> 97.48 <br /> 184.88 <br /> <br /> Available <br />for other <br />after Buy Up <br /> 75.00 <br /> (35.68) <br /> (22.48) <br /> (109.88) <br /> <br /> <br />