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HomeMy WebLinkAboutMINUTES - 08301988 - 1.42 TO: BOARD OF SUPERVISORS �` } FROM: Harry, D. Cisterman, Director of Personnel Contra COSth-042 DATE: August 22, 1988 County SUBJECT: 1st Choice Health Plan - Stop Loss Insurance SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION Authorize the County Administrator/Director of Personnel to negotiate a contract for the purchase of stop loss insurance coverage for the County' s self-funded health plan, 1st Choice, with the American General Group Insurance Company, on behalf of the County and its special districts. The stop loss coverage will be retroactively effective July 1, 1988. Authorize the County Auditor-Controller to issue a warrant immediately to American General Group Insurance Company in the amount of $5000, as advance payment in consideration of the services to be performed under the above authorized contract. BACKGROUND On December 15, 1987 the Board of Supervisors under Board Resolution #87/760 approved the implementation of the County self-funded health plan 1st Choice. In consideration of the fiscal implications of insuring a self-funded health plan, the Board of Supervisors directed the County Administrator/Director of Personnel to investigate the need for the purchase of stop loss coverage. The investigation resulted in a determination that stop loss insurance coverage is fiscally appropriate. This Board Order is necessary to provide that coverage. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) p ACTION.OFBOARD ON Aiimigt ��, ��q�b APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS X UNANIMOUS (ABSENT III IV ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Originating Department: Personnel cc: Auditor-Controller' s Office ATTESTED August 305 1988 County Administrator's Office Phil Batchelor, Clerk of the Board of County Counsel Suervisors and County Administrator �.M3e2/7-83 BY � DEPUTY