Loading...
CC SR 20171017 E - New Health Insurance RatesRANCHO PALOS VERDES CITY COUNCIL MEETING DATE: 10/17/2017 AGENDA REPORT AGENDA HEADING: Consent Calendar AGENDA DESCRIPTION: Consideration of possible action regarding Health Insurance Premiums for 2018. RECOMMENDED COUNCIL ACTION: (1) Adopt Resolution No. 2017-, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, INCREASING THE CITY'S MAXIMUM MONTHLY CONTRIBUTION AMOUNTS FOR EMPLOYEE AND COUNCIL MEMBER HEALTH INSURANCE PREMIUMS FOR CALENDAR YEAR 2018 AND RESCINDING AND REPLACING RESOLUTION NO. 2016-51. FISCAL IMPACT: The budgeted amount for calendar year 2018 assumed a 3.6% increase in health insurance rates, but the small group health insurance rates did not vary too greatly from those that are currently in effect. Although the health insurance rates increased by 5.50% ($45,495.72), the City's cost is anticipated to only increase by $35,327.04 (4.53%), for a total cost of $814,880.76. Thus, the current budgeted amount of $1,106,300 is more than adequate, and no additional appropriations will be required. However, the City's maximum monthly contributions for employee and City Council health insurance premiums for calendar year 2018 do need to be adjusted to reflect the rate increases. Amount Budgeted: $1,106,300 Additional Appropriation: N/A Account Number(s): Finance will allocate the cost according to Budget Program ORIGINATED BY: Mary Ortiz Bradley, Human Resources Manages REVIEWED BY: Gabriella Yap, Deputy City Manager '., APPROVED BY: Doug Willmore, City Manager ATTACHED SUPPORTING DOCUMENTS: A. Draft resolution No. 2017-_ (page A-1) B. City Council Policy No. 19 (page B-1) BACKGROUND AND DISCUSSION: Annually, the City reviews its health insurance plans and carrier -proposed premium increases, and any necessary adjustments for the following Plan Year. Staff is requesting that the City Council approve the increase to the maximum contribution amounts for employee and City Council Member health insurance premiums due to the 1 5.8% increase in premiums for medical benefits and slight increases in dental and other ancillary benefit premiums. The City provides the full premium cost of the health benefits package, which includes medical, dental, and vision insurance for full-time City employees and any participating Council Members. The City also pays 50% of the medical, dental, and vision insurance benefits for eligible dependents. For part-time employees who are considered "full-time employees" (as defined by the Affordable Care Act), the City provides the full premium cost for medical insurance and 50% of the cost for dependent coverage. The City's total budgeted amount for employee and Council Member insurance costs in FY17-18 is $1,106,300, which includes medical, dental vision, the Employee Assistance Program (EAP), life with accidental death and disability (AD&D), and long-term disability (LTD) insurance. Maniaci Insurance Services, Inc. (Maniaci), an insurance brokerage, acts as the City's agent in negotiating the best rates for the City. Each year Maniaci conducts an analysis of the premium renewals and goes out to bid on behalf of the City. This year, Maniaci was not able to obtain quotes from other medical insurance carriers to compare with the City's medical plans prior to the City's scheduled Open Enrollment Period because the new small group rates were not yet available. The rates for 2018 are expected to be published by October 31, 2017. Staff will be bringing a future staff report with recommendations related to selection of benefit providers and options available to the City after these rates and other health plan information are received and analyzed. As an employer with fewer than 100 employees, the City must purchase insurance using small -group rates, where employees are assigned different monthly premiums based on several factors, such as age and number of dependents. Staff recommends continuing to utilize composite rates, rather than individual rates, for each level of coverage offered for each medical plan. This means that all employees and Council Members, regardless of their age and number of dependents, would receive the same deduction for the same level of coverage selected if it was for the same medical plan. These composite rates were provided by Maniaci using a small -group premium modeling tool. However, it should be noted that the City will still be billed for the small - group rates associated with each employee, based on their age and number of dependents, so the actual cost may vary depending on the demographics of the City's workforce. Health Insurance Premiums When necessary, the City Council adopts a Resolution establishing maximum contribution rates for health care insurance for the coming calendar year. The "maximum contribution rate" is the maximum amount the City will pay in total health insurance premiums per employee, per month. In the past, this amount was derived by adding up premium costs of the highest level of medical, dental, and vision health plans offered by the City to allow participants the maximum amount of choice in selecting their health benefits. However, not everyone chooses the most expensive plans. For 2 example, employees with dependents tend to choose the lower-cost plans because they share the cost of dependent coverage. In the 2018 plan year, employees may select from three Blue Shield medical plans: a HMO Plan, a traditional PPO Plan with a $250 deductible, or a Health Savings Account (HSA) PPO Plan with a high deductible pre -funded by the City. Forty-six (46) employees selected the HSA Plan for 2017, an increase from thirty-nine (39) in 2016. This plan design has a positive effect on the City's efforts to incentivize participants to be wise consumers of their healthcare services, and thereby impact future premium increases. Based upon the FY17-18 budget, the City will continue to fund the HSA at the same level it has in years past: $3,000 for Employee Only and $6,000 for Employee +1 and the Family. Maniaci's benefit renewal presentation to Staff indicated the Blue Shield medical plans would increase by a combined total of $45,495.72 annually (5.8%). This would break down as follows: 17.68% increase for the HMO Platinum plan ($21,705.24), 1.53% increase for the PPO Gold plan ($332.76), and a 3.67% increase to the PPO+HSA Silver plan ($23,457.72). In addition, Maniaci informed the City that Blue Shield would discontinue the PPO Gold (250/30) plan and replace it with the PPO Gold (450/30) plan, resulting in a change in deductibles from $250 to $450. As in the past, full-time employees and City Council Members who can provide proof of comparable medical coverage can decline the medical coverage offered by the City and be reimbursed a flat amount each month equivalent to 50% of the lowest medical insurance premium. In 2017, the rate was $336 per month; in 2018 the rate will increase to $353 per month. Ancillary Insurance Coverage The City's ancillary insurance coverage consists of dental, vision care, employee assistance program (EAP), long term disability and life with accidental death and disability (AD&D). The Dental HMO renewal rate will remain at its current rate, with a 0% increase, because the City is in the middle of a 3 -year rate guarantee. This rate guarantee expires December 31, 2018. The Dental POS renewal rates will have an annual increase of $1,718.76 (2.6%). The MES vision plan renewal rate will remain at its current rate, with a 0% increase, because the City is in the middle of a 2 -year rate guarantee. This rate guarantee expires December 31, 2018. The Holman Group (EAP) will provide the City with a rate increase pass for the renewal year; this means there will not be a rate increase. 9 The plans through Principal Financial Group for Long Term Disability and Basic Life with AD&D will both have rate increases of $1,546.80 (5.0%) and $2,583.96 (9.78°/x) respectively. Supplemental Benefits In addition to the above benefits, the City also provides as optional benefits to employees: AFLAC accident, cancer and disability coverage; Legal Access; and VPI Pet Insurance. The cost of these benefits is fully borne by the employees and will see no premium increase. CONCLUSION Staff recommends the approval of Resolution No. 2017-_, establishing the 2018 calendar year maximum contribution for employee and Council Member health insurance premiums. The City has tested the 2017 medical plans for compliance with the Health Care Reform requirements and Staff is pleased to report that the City has passed both the Affordability and Actuarial Value Tests. El RESOLUTION NO. 2017- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, INCREASING THE CITY'S MAXIMUM MONTHLY CONTRIBUTION AMOUNTS FOR EMPLOYEE AND COUNCIL MEMBER HEALTH INSURANCE PREMIUMS FOR CALENDAR YEAR 2018 AND RESCINDING AND REPLACING RESOLUTION NO. 2016-51. WHEREAS, on November 1, 2016, the City Council adopted Resolution No. 2016-51 establishing maximum City contributions towards employee health insurance premiums for FY 2017; and, WHEREAS, the City has been advised of an increase in employee health insurance premiums for calendar year 2018 which will exceed the current maximum City contributions towards employee health insurance premiums established for FY 2017; and, WHEREAS, the City desires to sufficiently contribute to employee health insurance premiums by providing sufficient maximum City contributions towards same for its active full-time employees and City council persons. NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1: The City's contribution for each full-time employee or active City Council person shall have a maximum amount which may be applied toward the full cost of the active full- time employee's or active council person's medical, dental, vision and mental health benefits, and pay up to 50% of the cost of medical, dental, vision and mental health benefits for eligible dependents, subject to the maximum amounts for these insurance coverages as specified below. However, for part-time employees that are considered "full- time employees," as defined by the Affordable Care Act, the maximum amount may only be applied to toward the full cost of the medical premium and up to 50% of the cost for medical dependent coverage. Insurance Status Full-time Employee / Councilmember Maximum Contribution per Month HMO HSA PPO Employee Only $801.81 Two Party $1,175.40 Family $1,408.64 $779.75 $1,163.70 $1,409.00 $1,273.25 $1,792.38 $2,202.96 Section 2: The City will pay towards the participant's deductible in the HSA Plan $3,000 for Employee Only and $6,000 for Employee + 1 and Family (3 or more). Section 3: Any amounts remaining between the necessary contributions required and the maximum amounts specified in Section 1 of this Resolution are not to be paid to the active full-time employee or active City Council person, as applicable. A-1 Section 4: If a full-time employee or City Council member can provide proof of group medical coverage that is generally similar to the City's medical coverage, and declines the medical coverage offered by the City, the City will make a cash -in -lieu payment to the opting out full-time employee or City Council member of $353 per month under the City's cafeteria plan as governed by Section 125 of the Internal Revenue Code. Section 5: The City shall pay the full cost for each active full-time employee's life insurance premium, accidental death & dismemberment premium and long term disability premium. The City shall pay the full cost for each active City Council member's life insurance premium. Section 6: The Health Savings Account will be funded semi-annually in accordance with Rancho Palos Verdes Employee Association's Memorandum of Understanding as may be modified from time to time. Section 7: The City Manager or his/her designee, is authorized to adopt rules and procedures for the implementation of this Resolution. Section 8: Resolution No. 2016-51 is hereby rescinded and replaced by this Resolution. PASSED, APPROVED and ADOPTED this 17th day of October 2017. Mayor Attest: City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss CITY OF RANCHO PALOS VERDES ) I, Emily Colborn, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2017- was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 17, 2017. City Clerk Resolution No. 2017 - Page 2 of 2 A-2 CITY COUNCIL POLICY NUMBER: 19 DATE ADOPTED/AMENDED: 10/02/90 SUBJECT: Life/Medical/Dental/EAPNision Care Coverage for City Council POLICY: It shall be the policy of the City Council that the City shall pay the full medical, dental, EAP and vision premiums for Council members who elect to be covered under the City's health plan. In addition, the City shall pay one half of the medical, dental, EAP and vision premiums associated with adding family members of the City Council to the City's health plan. Finally, the City shall pay the monthly premium on a $50,000 life insurance policy to be held by the City's insurance carrier on each Council member. Family members of the City Council or employees are not eligible for life insurance coverage under the City's life insurance policy. BACKGROUND: The City Council recognized the need to establish the criteria in which Council members may elect coverage under the City's health benefits plan. =6