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HomeMy WebLinkAbout01/20/2010 5D DATE SUBMITTED: 12/21/09 AGENDA BILL CITY OF BREMERTON CITY COUNCIL t .......................................................................................� SUBJECT: 2010 KPS Rates & Committee Meeting Date: January 13, 2010 Underwriting Criteria COUNCIL MEETING Date: January 20, 2010 Department: Financial Services Presenter: Carol Conley, HR Mgr. Phone: 473-5347 SUMMARY: Approval of KPS 2010 Rates and Underwriting criteria and authorization of formal execution of the 2010 cantracts between the City and Kitsap Physicians Service (KPS) for employee group health insurance coverage by the Mayor. The new rates,which were negotiated on our behalf by our benefits consultants, Willis of Seattle, reflect an 11.2% rate increase above 20091evels. It � should also be noted that the City's contribution towards dependents coverage is at 90%, while the employee's contribution for dependents coverage is 10%. ATTACHMENTS: KPS 2010 Premium Rates & Underwriting Criteria. FISCAL IMPACTS (Include Budgeted Amount): The 2010 Budget has adequate budgeted funds in personnel benefits for this rate increase. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: • � � COMMITTEE CHAIR COUNCIL PRESIDENT: CONSENT AGENDA � GENERAL BUSINESS ❑ PUBLIC HEARING ❑ RECOMMENDED MOTION: I move to approve the 2010 KPS Premium rates and Underwriting criteria between the.City and KPS, and authorize the Mayor to finalize and execute the contracts with substantially the same terms and conditions as presented. COUNCIL ACTION: �Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action