Vote: approved

Item Text

15. LIFE INSURANCE AND EMPLOYEE ASSISTANCE PLANS RATES AND RECOMMENDATIONS FOR FY 2015-16 1. Approve continuation of County-sponsored basic life insurance and basic AD&D benefits for employees for the plan year from July 1, 2015 through June 30, 2016 as offered through the approved contract with Reliastar Life Insurance Company (aka ING - Serial No. 11107-S; eff. date 07/01/12), including rates as reflected on the attached Exhibit A. 2. Approve continuation of offering additional life insurance and additional AD&D benefits to employees and spouses and/or dependents at employees’ sole expense for the plan year from July 1, 2015 through June 30, 2016 as offered through the approved contract with Reliastar Life Insurance Company (aka ING - (Serial No. 11107-S; eff. date 07/01/12), including rates as reflected on the attached Exhibit A. 3. Approve continuation of the Employee Assistance Program (EAP) for the plan year from July 1, 2015 through June 30, 2016 as offered through the approved contract with Magellan Behavioral Health, Inc. (Serial No. 05063; eff. date 7/1/2012), including rates as reflected on the attached Exhibit A. The attached Exhibit A illustrates the monthly total cost, employee cost and employer cost for the benefit rates for active employees. For basic Life and basic AD&D benefits for employees, premium costs are paid in full by the County. For any additional coverage for employees and spouses and/or dependents, premium costs are paid in full by the employee. For COBRA beneficiaries choosing to participate in EAP, the costs will be paid by the COBRA beneficiaries. (C-39-15-019-2-00)

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