Loading...
R-2012-125-2012-08-20RESOLUTION NO. R2012-125 A RESOLUTION OF THE CITY COUNCIL FOR THE CITY OF PEARLAND, APPROVING EMPLOYEE INSURANCE BENEFITS FOR STOP LOSS, SECTION 125 FLEXIBLE SPENDING PLAN, DENTAL AND ADMINISTRATION SERVICES . BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That the City of Pearland has received proposals for employee benefit rates, attached hereto as Exhibit "A", and such rates have been evaluated. Section 2. That the City Council hereby awards the Employee Stop Loss, Section 125 and Administration Services to Cigna as well as Dental Insurance to Aetna in the estimated amount described in Exhibit "A", attached hereto and incorporated for all purposes., PASSED, APPROVED and ADOPTED this the 20th day of August, A.D., 2012. ATTEST: APPROVED AS TO FORM: DARRIN M. COKER CITY ATTORNEY TOM REID MAYOR CITY OF PEARLAND HEALTH BENEFITS OCTOBER 1, 2012 - SEPTEMBER 30, 2013 Resolution No. R2012-125 Exhibit "A" ESTIMATED MEDICAL - CIGNA RATE AMOUNT Combined Specific and Aggregate Premium 83.64 549,013 Medical/RX Administration 228,083 HMO 31.55 OAP 35.30 Section 125 Flexible Spending Plan (Rate based on per employee per month) 5.75 8,901 DENTAL-AETNA HMO PLAN EMPLOYEE ONLY 26.51 +SPOUSE 20.61 +CHILDREN 32.36 +FAMILY 51.88 PPO PLAN EMPLOYEE ONLY 26.51 +SPOUSE 20.61 +CHILDREN 32.36 +FAMILY 51.88 (Rate based on per employee per month) 48,417 266,645