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5.8 ERMUSR 11-09-2021
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5.8 ERMUSR 11-09-2021
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11/9/2021 11:24:39 AM
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City Government
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ERMUSR
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11/9/2021
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UTILITIES COMMISSION MEETING <br />TO:FROM: <br />ERMU Commission Theresa Slominski - GeneralManager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />November9, 2021 5.8 <br />SUBJECT: <br />Health Insurance Update <br />ACTION REQUESTED: <br />Approve a continued 85% employer contribution to HSA deductible funding amounts. <br />BACKGROUND: <br />Last year ERMU changed health insurance plans, and moved to 85% employer contribution of <br />premiums, and the employer funding 85% of deductibles. Annually, the commission was to <br />review the health savings account contribution funding. <br /> <br />DISCUSSION: <br />Our current plan renewal is a 7.2% increase, for a family premium of $315, and the same <br />deductibles of $2,500 for single and $5,000 for family. As the deductibles have not changed, the <br />Wage and Benefits Committee recommends maintaining the same 85% contribution to the <br />deductibles. For reference, this is $2,125 for single and $4,250 for family. <br /> <br /> <br /> <br />______________________________________________________________________________ <br />Page 1 of 1 <br />99 <br />
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