Loading...
19970520 CC SR Selection of Medical and Dental Insurance Providers and other Miscellaneous Benefits Provider MEMORANDUM RANCHO PALOS VERDES TO: HONORABLE MAYOR AND CITY COUNCIL FROM: ASSISTANT CITY MANAGER DATE MAY 20, 1997 SUBJECT: SELECTION OF MEDICAL AND DENTAL INSURANCE PROVIDERS AND PROVIDER FOR OTHER MISCELLANEOUS BENEFITS RECOMMENDATION: Adopt the three attached Resolutions providing medical insurance coverage from the Public Employee Retirement System (PERS) and establishing City contribution amounts for employee insurance premiums. BACKGROUND AND ANALYSIS: For the past several years the City's health, dental, life, and other insurance benefits have been provided for through a joint arrangement with several cities through the Southern California Joint Powers Insurance Authority (SCJPIA). HCM Benefits, Inc. (HCM) was the broker used by SCJPIA for coordination of the program. In February 1997 the participating SCJPIA cities were notified by HCM that the health insurance premiums through Prudential Insurance were likely to increase substantially. This was primarily the result of two factors. First, only 7 percent of the SCJPIA cities eligible employees were actually enrolled through SCJPIA. The other 93 percent were employees of cities that were contracting independently for their main health insurance coverage. In some cases it appeared that some cities were using the SCJPIA pool for only certain employee groups (such as part time employees). HCM notified the participating SCJPIA cities that this adverse selection would result in significantly increased insurance rates or discontinuation of coverage. HCM noted that each city could obtain similar insurance at a rate lower that would be offered by Prudential. In March the City asked HCM to conduct a "marketing" of our insurance needs. HCM contacted twelve large insurance carriers. Ten companies provided quotations. HCM provided the City with an analysis of the four carriers who offered competitive quotes. These carriers included Prudential, Pacificare, CareAmerica, and the Health Insurance Plan of California (HIPC). The City also obtained a quotation from PERS. After an analysis of the benefits offered by the five companies, two companies were eliminated from further consideration. CareAmerica's benefits were not competitive with the other companies, and Prudential refused to offer coverage for active City Council members. • - 4111 City management met with interested employees on two occasions to solicit their input into the process of selecting our benefits provider. The employees preferred a plan which would allow the greatest flexibility of choice of services and doctors. The two plans offering the most choice include the HIPC and PERS plans. Both of these plans offer each employee a choice of several HMO plans and two preferred provider plans. Staffs fiscal analysis suggests that each of these two plans will cost slightly less than the old cost of the Prudential plan previously offered through SCJPIA. The cost of both the HIPC and PERS plans are projected to be significantly lower than the increased costs that would have been charged by Prudential. The employee meetings also indicated a desire to replace an existing wellness program with a vision care program. The cost of each programs is approximately the same. Dental insurance will be provided by Delta Dental in conjunction with the HCM Municipal Agency pool. City management and staff believe that PERS is the preferable choice for health insurance benefits. PERS provides health insurance to many California agencies. It is an established system with a very large member base. Staff believes that this will result in a stable program with significant power in negotiating favorable insurance rates. The HIPC plan is relatively new and has little history. The stability of the PERS program is a benefit to our employees. The projected costs of the HIPC and PERS plans are almost identical. Since PERS only offers medical insurance, other benefits including dental insurance, vision insurance, life, etc. will be provided for through the HCM Municipal Agency pool. The selection of the PERS plan requires the adoption of two Resolutions. One resolution establishes the minimum required contribution rates from the City for active employees and for retired employees. The minimum rate for active employees is $16 per month. The minimum rate for inactive employees is $1 per month, but will increase by 5% annually until it reaches $16 per month. The City currently has only eleven retired employees, some of which may choose to purchase insurance through PERS. The second Resolution allows for City Council members to be eligible for PERS health benefits. Since City Council members are not members of the PERS retirement system, they must be enrolled as a "non-PERS" agency. The City's contribution rates are the same as are outlined above for active City employees, $16 for active and $1 for inactive Council members. Some retired Council people may be eligible for coverage, as specified in the attached Resolution, but will have to pay the premium differential on their own. In addition to the two PERS Resolutions, the third Resolution establishes the additional amounts that the City will contribute for insurance benefits for active full-time employees and City Council members. The Resolution also states that inactive (retired) employees are not eligible for an additional contribution. Therefore, if they wish to choose coverage, they will have to pay for the difference between the total premium amount and the $1 City contribution. An active part time employee who elects coverage will also have to pay the premium difference. • 1111 ALTERNATIVES: The main alternative is to choose a different benefits provider. FISCAL IMPACT: Staffs analysis indicates that there will be no adverse fiscal impact from changing the health benefits provider to PERS and the other benefits to the HCM municipalities pool. Respectfully Submitted: Reviewed: ‘(.0 a.. -S? Brent D. Mattingly Paul D. Busse Assistant City Manager City Manager