11-05-2007 CC MIN - Laserfiche WebLink

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City Council Minutes November 5, 2007 Page 13 Mayor Klinzing asked councilmembers to consider the motion to approve the $25 co-pay plan along with the $500 HDHP plan. Councilmember Gumphrey asked for clarification of the out-of-pocket costs for the different plans and Mr. Rosenberg answered those questions. Ms. Wipper stated an HSA is similar to an IRA and employees may benefit from this type of plan. Councilmember Motin commented that the money going into this HSA is tag-free going in and coming out if used for qualifying health care expenses. MOVED BY COUNCILMEMBER MOTIN AND SECONDED BY MAYOR ffi.INZING TO APPROVE THE $25 CO-PAY, $500 DEDUCTIBLE PLAN, AND $2200 HDHP W/HSA PLAN AS OUTLINED IN THE STAFF REPORT. MOTION CARRIED 5-0. Mayor Klinzing asked about the 3% dty contribution and whether or not to increase the funds provided to employees for their flexible benefits plan with an HSA match. Council discussed the city's contribution and the possibility of matching funds for the HSA. Ms. Johnson asked if they had a set dollar amount in mind. She stated there were multiple ways of doing this and she would have staff prepare some options and return at the next Worksession for further discussion. Councilmembers Farber and Motin asked for staff to prepare some options on paper. Ms. Johnson stated they will return next week with options for a one time contribution versus an annual amount. Councilmember Gumphrey asked if the city had ever discussed health plan options with other brokers because he felt the city should consider using other brokers. Ms. Johnson stated they have considered this and would make a change directed by council. 9.2. 2008~et A. Enterprise Funds Garbage Fund: Mr. Simon presented the staff report. Ms. Haug was present to discuss the goals for the garbage budget, which include assisting business owners in rerycling more items, as well as developing an organic waste collection program, in which the waste can be turned into compost. Wastewater /Sewer: Mr. Simon presented the staff report on the wastewater and sewer funds. Also present was Jessica Cook from Ehlers & Associates, who recognized the excellent financial status of this fund was operating, suggesting a modest 4% rate increase for 2008, allowing the dty to pay for future expansions using cash reserves.