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HomeMy WebLinkAboutMINUTES - 09142010 - D.3RECOMMENDATION(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, 2011 through December 31, 2011. 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 2011 premium increases - to the County and Special Districts for Non-PERS Health Plans is 4.9% or approximately $5 million. For fiscal year 2010/2011 the impact is approximately $2.5 million. The fiscal impact is based on the Management Resolution and Memorandums of Understanding in effect as of August 19, 2010, and are included in the 2010/11 adopted budget. BACKGROUND: Contra 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: 09/14/2010 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor ABSENT:Gayle B. Uilkema, District II Supervisor Contact: Ted Cwiek, (925) 335-1766 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 14, 2010 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Laura Strobel, Budget System Administrator, Lisa Driscoll, County Finance Director D. 3 To:Board of Supervisors From:Ted Cwiek, Human Resources Director Date:September 14, 2010 Contra Costa County Subject:Employee Benefit Plan Contract Renewals - 2011 2010. In order to ensure uninterrupted coverage for enrolled members (active, retirees and survivors) it is recommended that these contracts be renewed. Health care costs continue to receive a good deal of attention due to steep increases in premiums, increased retiree to active employee ratios, new requirements regarding reporting liabilities (GASB 45), the passage of the Patient Protection & Affordable Care Act as amended by the Health Care & Education Reconciliation Act of 2010, and Contra Costa's documented other post employment benefit (OPEB) liability. Due to its size, Contra Costa County is required to perform an other post employment benefit actuarial evaluation every two years. The most recent evaluations were performed with data gathered in January 2010. These actuarial valuations cover a 30 year period and include several assumptions. One of the assumptions is the medical inflation rate. The actuarial assumed medical inflation rate for January 2011 was 9%. The increases recommended in these contract extensions total 6.2% resulting in a 4.9% increase in the County share. If CalPERS plans are included, the percentages are 6.7% and 5.1% respectively. What this means is that these contracted increases are within the current OPEB liability calculated for Contra Costa County. (For more information regarding Contra Costa's OPEB liability, please visit the County's website at BACKGROUND: (CONT'D) http://www.co.contra-costa.ca.us. The following contracts are renewed in accordance with the following rate increases effective January 1, 2011 (PERS plans will be addressed in a separate Board action): Rate Increase Non Medicare Plans Contra Costa Health Plan A 4.00% Contra Costa Health Plan B 4.50% Health Net HMO/EPO 4.24% Kaiser Permanente 11.53% Health Net PPO 12.75% Medicare Out of Area & Coordination of Benefits Plans Contra Costa Health Plan A 4.00% Contra Costa Health Plan B 4.50% Health Net HMO/EPO 13.94% Kaiser Permanente 2.45% Health Net PPO 12.75% Medicare Advantage Plans Health Net Seniority Plus 9.20% Kaiser Senior Advantage 2.00% Dental Delta Dental Premier No Change DeltaCare PMI No Change Life Insurance No Change Video Display Terminal Plan No Change CONSEQUENCE OF NEGATIVE ACTION: In order to prevent the disruption of services for health plan and life insurance members, it is necessary to execute contract renewals with Health Plan, Dental Plan, and Life Insurance Plan carriers.