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HomeMy WebLinkAbout02/19/2014 6I AGENDA BILL (401 CITY OF BREMERTON CITY COUNCIL SUBJECT 2014 KPS Rates & Study Session Date February 12, 2014 Underwriting Cntena COUNCIL MEETING Date February 19, 2014 Department Legal /HR Division Presenter Charlotte Belmore Phone 473 -5926 SUMMARY: Approval of the KPS 2014 Rates and Underwriting Criteria and authorization of formal execution of the 2014 contracts between the City and KPS Health Plans for employee group health insurance coverage by the Mayor The new rates, which were negotiated on our behalf by our benefits consultants, reflect a 8 9% rate increase above the 2013 levels ATTACHMENTS: KPS 2014 Premium Rates & Underwriting Criteria for KPS Plan A, KPS Plan B and KPS Retiree Plan FISCAL IMPACTS This increase was accounted for in the 2014 adopted budget, therefore, no amendment is needed STUDY SESSION AGENDA ® No Presentation ❑ Full Presentation STUDY ACTION: I@ Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve the 2014 KPS Premium Rates and Underwnting Criteria between the City and KPS, and authorize the Mayor to finalize and execute the coverage contracts with substantially the same terms and conditions as presented COUNCIL ACTION: [Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 11/02/12