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TO: Mayor Thomas J. Weisner
FROM: Alisia Lewis, Director of Human Resources
DATE: October 9, 2014
SUBJECT:
A Resolution Establishing PPO and HDHP Health Insurance Plans and Rates Effective January 1, 2015 through December 31, 2015
PURPOSE:
To establish the 2015 insurance benefit contribution rates of the City of Aurora PPO and HDHP medical insurance.
BACKGROUND:
Each year the city establishes base premium rates for its self-insured PPO program. Attached are the PPO rates proposed for 2015 and 2014 rates for comparison.
DISCUSSION:
The City will be offering a new HDHP (High Deductible Health Plan) for 2015. The Proposed 2015 PPO and HDHP premium rates reflect the recommendation of the City's third-party administrator, Allied Benefits.
IMPACT STATEMENT:
.
RECOMMENDATIONS:
Placed on the Finance Committee calendar for approval by Finance Committee.
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Peters, Alternate
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution Establishing PPO and HDHP Health Insurance Plans and Rates effective January 1, 2015 through December 31, 2015.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, It has been determined, on the basis of past actual experience and projected loss experience, that the PPO and HDHP rates set forth herein represent equitable and reasonable amounts for eligible participants in the Plans)
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Aurora, Illinois, as follows: the att...
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