Title
Group Insurance Recommendations for Plan Year 2023/2024
Recommended Action
Staff recommends and respectfully requests the Board of County Commissioners approve staff’s recommendation for the plan year beginning October 1, 2023 through September 30, 2024 to continue our group medical plan with no increase in premiums and no change in benefits; to continue our pharmacy benefits with Express Scripts through RXBenefits; to renew our dental insurance program with no increase in premiums; to transition to the self-funding of our dental program with Ameritas serving as our third party administrator (TPA) at a rate of $4 per member per month; to provide 100% employer funding for employee dental (low plan) providing all full-time employees with dental insurance and reducing employee dependent premiums; to provide 100% employer funding for employee vision insurance providing all full-time employees with vision insurance and reducing employee dependent premiums; to provide employee long-term disability (LTD) benefits with a 90 day elimination period for all full-time eligible employees; to authorize staff to take the necessary actions in support implementing the approved actions and authorizing the Board Chair to execute necessary documents after review and approval by the County Attorney for legal sufficiency.