Public Hearing: YES ☐ NO ☒ Department: Finance - Risk Management
SUBJECT:
Title
Commission District(s): All Commission Districts
2025 Medicare Retiree Health Renewals
Body
Information Contact: Larry Jacobs, Deputy Director of Finance/Risk Management
Phone Number: 404-371-2050
PURPOSE:
To approve Medicare-retiree group health benefits and rates for new plan year commencing January 1, 2025.
NEED/IMPACT:
To ensure the County is offering an affordable and valuable health plan for Medicare-eligible retirees. The plan year for Medicare-eligible retirees expires December 31, 2024.
FISCAL IMPACT:
$7,312,000.00 - Projected
RECOMMENDATION:
Recommended Action
1. Approve Aetna’s proposed 2025 Medicare retiree rate of $223.64 PMPM, up from $204.46, with no plan changes. 2. Approve Kaiser Permanente’s proposed 2025 Medicare retiree rate of $209.79 PMPM, up from $201.72 with no plan changes. Authorize the Chief Executive Officer to execute all necessary documents.