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8.1. SR 11-13-2000 . City of lY Elk Item #8.1. MEMORANDUM TO: Mayor & City Council FROM: Lori Johnson For The Employee Benefits Committee DATE: November 13, 2000 SUBJECT: Benefits Committee Insurance and Benefits Proposal Introduction . On Wednesday, November 8,2000, the final piece of health insurance information for 2001 was received and reviewed by the Benefits Committee. The Committee met on Wednesday and has prepared a benefits proposal for Council consideration. The Committee put a great deal of thought into the proposal; it is the result of considerable discussion, research, and, most important, compromise. The insurance benefits issue is a difficult one, as the Council has acknowledged, because of the diverse opinions on what is fair. Add to that the fact that insurance premium rates and types of plan offerings are out of our control, and you are faced with a very difficult situation. With that knowledge, the Committee developed a proposal that it feels is acceptable to both the Council and employees. Before presenting the proposal, it is important again to stress that the Committee unanimously approved this proposal, but that does not mean that each member agrees in total with the proposal. The Committee members, Joan Frick, Scott Harlicker, Cheryll Edinger, Bob Mahutga, Steve Tillman, Marc Nevinski, and Lauren Wipper often had differing opinions on what type of proposal should be presented. Comments ranged from asking the Council to tie the family contribution to a percentage of the total premium to offering the same cash contribution to each employee regardless of type of coverage. In the end the Committee decided to pursue a plan that falls in the middle with the assumption that the Council would make changes as it felt appropriate. . 13065 Orono Parkway' P.O. Box 490' Elk River, MN 55330' TDD & Phone (763) 441-7420' Fax (763) 441-7425 . 2001 Insurance Quotes First, it is important to discuss health insurance since the entire benefits proposal is built around health insurance. The City currently has its health insurance contract with Medica. Medica offered a renewal increase of just six percent - far less than expected. However, Medica declined to offer a dual choice plan. Apparently, even though they told us last year that it would be offered in 2001, they do not offer that to groups under 100. So we decided to solicit a quote from HealthPartners on their new nine-tier plan. We were encouraged by early discussions with HealthPartners, but in the end HealthPartners declined to offer a quote because they couldn't compete with Medica's rates. This means that our rates are fair and not out of line, but it does nothing to meet our goal of offering more choices to employees. This left us with only one option, to renew with Medica. Previous Council Direction . At the April 24 meeting, the Council census was to consider a cafeteria (flexible benefits) plan with "different contribution levels depending upon the type of coverage selected." The minutes go on to say "the Council would like the family contribution increased and would consider a plan that offers some after insurance dollars to employees with single coverage." Based on this information, the Committee is proposing a cafeteria plan with different contribution amounts depending upon the type of coverage selected. The ProlJosal The plan proposed by the Committee is almost identical to the cafeteria plan in Maple Grove except that the contribution amounts are different. Please refer to the attached OVERVIEW taken directly from Maple Grove's employee information for details on how a flex plan works. The proposed contribution amounts are shown on the next attachment, Employee Insurance Benefits, 2001 Benefits Committee Recommendation. The left side of this sheet provides current year information. The right side, labeled 2001 Contract Year, is the proposed flex plan for 2001. The bottom left side provides current group demographics and the bottom right side shows the City's costs. . Based on the current group demographics, the City's annual cost is $246,187. Even if the contribution is not increased in 2001, the cost increases to $254,539. If the contribution is increased to $460 per month, the annual cost increases to $261,824. If the Council agrees with the flex plan as proposed, the annual cost increases to $286,920. The 2001 budget proposal includes . . . approximately $270,000 for non-union employee insurance. The actual cost, of course, may vary depending upon any adjustments the Council makes to the contribution levels. One of the main goals is to decrease the amount employees pay for family insurance. The full flex proposal increases the family contribution to $500 per month. This is high in comparison to other cities; however, it needs to be that high to offer any savings to this group of employees. The proposed plan would decrease the amount these employees pay by $230 to $300 per year depending on the coverage selected. The only way to further decrease the employee cost is to increase the city contribution. The main benefit of a cafeteria plan is that it offers choice and ownership to employees. Employees have control of how their money is spent for benefits. Employees can then decide what is best for their individual situation, and spend their benefit money appropriately. Conclusion Members of the Benefits Committee will be present at the meeting to present and discuss this proposal in greater detail. There are too many issues to discuss all of them in this memo so please contact a committee member or me on Monday if you need additional information prior to the meeting. Employees will receive this information before the meeting and may be at the meeting to express their views on the proposal. If the Council agrees to implement a Flexible Benefits Plan, it will be important to move quickly so everything can be in place for implementation on January 1, 2001. It will be necessary to involve an expert in this area to draft the plan and to assist with employee meetings and enrollment this first year. The consultant has estimated that it will cost around $3,000 to $5,000 to draft and implement the plan. Action Reauested The Council is asked to consider the 2001 benefits proposal as presented by the Benefits Committee. . OVERVIEW At the City of Maple Grove, we recognize that all employees have unique personal and family health care, insurance and financial needs. Since no two employees are exactly alike, we've made choice and flexibility the cornerstones of the Flexible Benefits Plan. The Plan gives you an opportunity to design a benefits package that. more closely fits your personal needs and goals. ..~ The City of Maple Grove makes monthly Employer Contributions to the Plan on your behalf. You may use these Employer Contributions to purchase benefits from a menu. some benefits are considered "CORE". That is, they are required for all Plan participants. A variety of additional benefits are "OPTIONAL" and are available for purchase with the money that is not spent on Core benefits. If you use up all your Employer Contributions and still have additional needs, you may contribute your own money to the Plan. Stich vc;>luntary Employee Contributions increase your buying power. - giving you more flexibility to pick and choose among the coverages that are offered. Any money left over after buying Core and Optional benefits may be taken as extra taxable compensation in your regular paycheck and then, if you wish, you could alsoconsider.deferring..some of your dollars pre-tax, to a Section 457 Deferred Compensation Plan. . The diagram to the right illustrates the selection process. Monthly Employer and Voluntary Employee Contributions CORE BENEFITS I Medical Coverage for Yourself I Basic Life Insurance for Yourself I Dental Coverage for Yourself (Not required if Family Medical Coverage is selected . OPTIONAL BENEFITS I Family Medical Coverage I Family Dental Coverage I Optional Life Insurance for You and Your Famil I Long-Term Disability Coverage for Yourself I Flexible Spending Accounts for You and Your Famil CASH I Taxable Cash Compensation I Section 457 Deferred Compensation Plan (Please note that you can begin participation or change any current contributions to your deferred compensation plan at any time throughout the year. This benefit, unlike the'others noted above, is not limited to this annual enrollment period for making changes or beginning new contributions . 1 . EMPLOYEE INSURANCaEFITS (Non-Union Only) 2001 Benefits Committee Recommendation . 2000 CONTRACT YEAR 2001 CONTRACT YEAR Medica Health Delta Medica Health** Delta Elect Select Dental Life Elect Select Dental* Life Single 210.85 234.25 20.25 4.63 Single 223.50 248.31 21.67 4.63 Employee & Spouse 442.70 491.90 Employee & Spouse 469.26 521.41 Employee & Children 389.90 433.35 Employee & Children 413.29 459.35 Family 739.50 821.60 52.85 Family 783.87 870.90 56.55 City contribution $430.00 per month ($5,160.00 per year). *Seven percent rate increase ** Six percent rate increase. Employee Employee Employee Employee Sinale & Spouse & Children Familv Full Flex Sinale & Spouse & Children Familv City Contribution 430.00 430.00 430.00 430.00 City Contribution 310.00 460.00 460.00 500.00 Life Insurance 4.63 4.63 4.63 4.63 Life Insurance 4.63 4.63 4.63 4.63 Single Dental 20.25 20.25 20.25 20.25 Single Dental 21.67 21.67 21.67 21.67 Balance Avail. For 405.12 405.12 405.12 405.12 Balance Avail. For 283.70 433.70 433.70 473.70 Health Insurance Health Insurance Health Insurance Health Insurance Elect 210.85 442.70 389.90 739.50 Elect 223.50 469.26 413.29 783.87 Employee Contribution 0.00 37.58 0.00 334.38 Employee Contribution (60.20) 35.56 (20.41) 310.17 Annual City Cost 2,828.76 5,160.00 4,977.36 5,160.00 Annual City Cost 3,720.00 5,520.00 5,520.00 6,000.00 Annual Employee Cost 0.00 450.96 0.00 4,012.56 Annual Employee Cost (722.43) 426.69 (244.95) 3,722.01 Select 234.25 491.90 433.35 821.60 Select 248.31 521.41 459.35 870.90 Employee Contribution 0.00 86.78 28.23 416.48 Employee Contribution (35.39) 87.71 25.65 397.20 Annual City Cost 3,109.56 5,160.00 5,160.00 5,160.00 Annual City Cost 3,720.00 5,520.00 5,520.00 6,000.00 Annual Emplovee Cost 0.00 1 041.36 338.76 4997.76 Annual Em 10 ee Cost 424.71 1 052.49 307.77 4 766.37 CURRENT DEMOGRAPHIC INFORMATION CITY INSURANCE BENEFIT COST ANALYSIS Employee Employee Employee Employee Annual City Current Enrollment Sinale & Spouse & Children Familv Sinale & Spouse & Children Familv Cost Elect 10 3 7 6 26 Current $118,465 $20,640 $65,802 $41,280 $246,187 Select 29 1 6 2 38 $430 Contribution 2001 125,539 20,640 67,080 41,280 254,539 Total 39 4 13 8 64 $460 Contribution 2001 125,539 22,080 70,045 44,160 261,824 Flex as Proposed 2001 145,080 22,080 71,760 48,000 286,920 Note: Premiums, City Contribution and Employee costs are stated in Monthly terms unless otherwise noted. Under the Full Flex plan a negative Annual Employee Cost is the amount available to the employee to spend on other flex benefits.