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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />1� <br />p TBcA�a 11i MARCH 18 20 <br />��fiiffJfl /�� <br />1 <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />Wellness - Health Insurance Plan Renewal 2013 -2014 <br />BRIEF SUMMARY: <br />The County revamped the health insurance plan for Cabarrus County <br />employees in FY 2013. As a result, the County switched from a Health <br />Maintenance Organization (HMO) /Preferred Provider Organization (PPO) <br />to an Open Access Plan (OAP) /Health Savings Account (HSA) in order to <br />realize greater savings for the County. Both of the new plans offered allow <br />the employee to share in the cost of insurance and participate in the <br />consumerism of health care costs. <br />As presented, Option 1 recognizes the OAP plan needs to be modified as <br />FY 2014 approaches, which includes an additional cost of $345, 590 to <br />the County. Also presented is Option 2, which switches all employees <br />over to an HSA plan with no additional cost to the County. The County will <br />be adding another level of incentives to employees through a biometric <br />program similar to the non - smoking incentive. <br />Mark Browder, Mark III, was at the work session to present to the board <br />regarding these options along with Lundee Covington and Johanna Ray. <br />REQUESTED ACTION: <br />Motion to approve either Option 1 or Option 2 for the FY 2013 -2014 <br />Health Insurance Plan Renewal. <br />EXPECTED LENGTH OF PRESENTATION: <br />15 Minutes <br />G -4 Page 223 <br />