RESOLUTION 17-010 RE BENEFITS RENEWAL SUMMARY.PDF
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HAMC Benefits Renewal Executive Summary & Recommendations Fiscal Year 2018 Medical Program Renewal HAMC received a +12% renewal increase from United Healthcare o After negotiating the renewal to a +6% with no benefit changes, the decision was made to accept UHC’s renewal offer. o There are no plan design changes associated with this renewal. Employer/Employee Projected Change in Cost (All Plans) Employer cost in FY2017 o $401,530 Employer projected cost in FY2018 o $396,572 o HAMC reduced the employer contribution from 80% to 75% Employee cost in FY2017 o $100,383 Employee projected cost in FY2018 o $132,191 o HAMC increased the employee contribution from 20% to 25% Ancillary Plan Renewal Dental – Delta Dental o Assurant’s renewal was a +4.7% o Due to employee dissatisfaction with Assurant, we have decided to move this coverage to Delta Dental at a +4%. o We are also eliminating the low cost DHMO plan Life & AD&D / Voluntary Life & AD&D - Standard o Rates will remain the same – 0% increase Short Term Disability - Standard o Rates will remain the same – 0% increase Vision - EyeMed o Rates will remain the same – 0% increase EAP - MHN o Rates will remain the same – 0% increase