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HomeMy WebLinkAboutMINUTES - 09152009 - D.6RECOMMENDATION(S): Authorize the Director of Human Resources or designee to execute contract renewals with the Non PERS Health Plan, Dental Plan, and Life Insurance Plan carriers listed below for the contract period January 1, 2010 through December 31, 2010. FISCAL IMPACT: Premiums for active and retired members are funded by a combination of employee/retiree/survivor contributions and charges to County Departments and Special Districts. The cost increase – of the calendar year 2010 premium increases – to the County and Special Districts for Non-PERS Health Plans is 3.1% or approximately $3 million. For fiscal year 2009/10, the impact is approximately $1.5 million. The fiscal impact is based on the Management Resolution and Memorandums of Understanding in effect as of September 1, 2009. BACKGROUND: County Costa County contracts for health, dental and life insurance coverage for its employees, retirees and survivors on an annual basis. These contracts traditionally cover a calendar year (January 1 through December 31). Current contracts expire December 31, APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/15/2009 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Christine Penkala, 335-1746 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 15, 2009 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: County Administrator, County Counsel, Auditor-Controller, Human Resources, Human Resources D. 6 To:Board of Supervisors From:Ted Cwiek, Human Resources Director Date:September 15, 2009 Contra Costa County Subject:Employee Benefit Plan Contract Renewals - 2010 2009. In order to ensure uninterrupted coverage for enrolled members (active, retirees and survivors) it is recommended that these contracts be renewed. Health care costs have received a good deal of attention over the last few years due to steep increases in premiums, increased retiree to active employee ratios, new requirements regarding reporting liabilities (GASB 45), renewed interest in national health care, and specifically Contra Costa’s documented other post employment benefit (OPEB) liability. Due to its size, Contra Costa County is required to perform an actuarial evaluation every two years. The most recent evaluations were performed with data gathered in January 2008. These actuarial valuations cover a 30 year period and include several assumptions. One of the most important assumptions is the medical inflation rate. The actuarial assumed medical inflation rate for January 2010 was 8%. The increases recommended in these contract extensions total 7.49%. What this means is that these contracted increases are within the current OPEB liability calculated for Contra Costa County (For more information regarding the Contra Costa’s OPEB liability, please visit County’s web-site at BACKGROUND: (CONT'D) http://www.co.contra-costa.ca.us). The following contracts are renewed in accordance with the following rate increase effective January 1, 2010 (PERS plans will be addressed in a separate Board action): Rate Increase Non Medicare Plans Contra Costa Health Plan A 2.00% Contra Costa Health Plan B 2.00% Health Net HMO/EPO 16.91% Kaiser 8.80% Health Net PPO 7.16% Medicare Out of Area & Coordination of Benefits Plans Contra Costa Health Plan A 2.00% Contra Costa Health Plan B 2.00% Health Net HMO/EPO 3.00% Kaiser 4.10% Health Net PPO 7.16% Medicare Advantage Plans Health Net Seniority Plus 25.00% Kaiser Senior Advantage 10.35% Dental* Delta Dental Premier No Change DeltaCare PMI No Change Life Insurance*No Change Video Display Terminal Plan*1.40% * Rates guaranteed through 12/31/2011 CONSEQUENCE OF NEGATIVE ACTION: In order to prevent the disruption of services for health plan and life insurnace members, it is necessary to execute contracts renewals with Health Plan, Dental Plan, and Life Insurnace Plan carriers.