Public Hearing: YES ☐ NO ☒ Department: Finance - Risk Management
SUBJECT:
Title
Commission District(s): All Commission Districts
Group Health & Wellness Benefits effective July 1, 2023
Body
Information Contact: Larry Jacobs, Deputy Director of Finance/Risk Management
Phone Number: 404-371-2050
PURPOSE:
To approve group health benefits and rates for new plan year commencing July 1, 2023.
NEED/IMPACT:
To ensure the County is offering an affordable and valuable health plan for employees and retirees. The plan year for County employees and pre-65 retirees expires June 30, 2023.
The proposed healthcare costs have been reviewed by the ERPS Committee.
RECOMMENDATION(S):
1. No rate increase for County employees for Medical and Dental plans.
2. Pre-65 Retirees only: Approve a 5.7% rate increase for Kaiser and a 12.9% rate increase for Anthem
3. Approve 100% County paid Basic Life insurance premium for all benefit eligible employees.
FISCAL IMPACT:
$105.9 million in gross costs.
RECOMMENDATION:
Recommended Action
Request to authorize the Chief Executive Officer to execute all necessary documents.