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HealthPartners <br />Pros: Most inclusive network for care and prescriptions <br />Offers the lowest deductible and the lowest out-of-pocket maximum <br />Includes vision and preventative dental care for children (ages 0-18) <br />Current provider so no impact to HR/Payroll or employees to change insurers <br />25% discount on dental insurance saves roughly $11K if bundled with health insurance <br />Lower deductible saves approximately $12K on HSA contributions. <br />Cons: Most expensive of the three plans <br />Blue Cross/Blue Shield <br />Pros: Represents middle ground on price and deductible/out of pocket maximum <br />Cons: Higher deductible and out-of-pocket maximum than HealthPartners <br />Does not include CVS Pharmacy Network <br />Includes vision but not dental care for children ages 0-18 <br />Change in plans would require staff time to update HR/Payroll records <br />Does not offer a bundle discount for dental <br />Medica <br />Pros: Cheapest of the three plans <br />Cons: Highest deductible and significantly higher out of pocket maximum (family = $1800) <br />Most prescriptions continue to have a co -pay until the out-of-pocket maximum <br />Includes vision but not dental care for children ages 0-18 <br />Change in plans would require staff time to update HR/Payroll records <br />Does not offer a bundle discount for dental <br />SUMMARY: <br />After reviewing the pros/cons listed above, staff recommend staying with HealthPartners for <br />our health and dental plans for another year. As our current provider, they have been easy to <br />work with and would minimize staff time needed for open enrollment updates. Blue Cross/Blue <br />Shield represents a middle ground in cost versus coverage but may not be worth the increased <br />deductibles and reduced pharmacy network, especially after accounting for HealthPartners' <br />savings on dental and HSA contributions. Lastly, although the cheapest plan, Medica represents <br />the most risk to those requiring specialty drugs as their annual costs would increase by $1800 <br />due to Medica's higher out-of-pocket maximum and prescription co -pays after meeting the <br />deductible. <br />If HealthPartners is selected as our 2025 health insurer, the 2025 HSA contribution would <br />remain $2,125 for single coverage, and $4,250 for family coverage. The 2025 monthly <br />premiums for medical coverage would be $143 for single, $286 for single +1, and $429 for <br />family coverage. <br />Page 2 of 2 <br />119 <br />