ITEM TITLE:
Report: Health Insurance Plan and Review Committee
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Receive and file
SUMMARY STATEMENT:
The City has engaged an attorney to assist in a review of the City’s health insurance plan, the purpose being to optimize plan benefits and contain costs.
The first phase of this review will be to present a recommendation to Council to either
1) keep the status-quo arrangement,
2) issue an RFP for broker services, or
3) pursue a merger with another public-sector plan option.
Staff recommends a review Committee comprised of the following membership:
• Council Member
• Employee ERT Group Member
• City Department Director
• Finance Director
• HR Director
• School representation (Board, Union and/or Management)
Finance Staff will manage the process and the attorney engagement. The proposed Committee review will result in a “next-steps” recommendation to Council. Staff has contacted the School Superintendent for input about appropriate School District representation and will report back to Council as the process progresses.
Finance Staff respectfully requests a determination of which Council Member will serve on the Committee.