Laserfiche WebLink
The above renewal estimate of 6.9% was based on claims information thru June 30, 2003. <br /> <br />To be conservative, we are recommending that the total funding for the health plan be set <br />at an increase of 12% over current. This is to take into consideration claims fluctuation <br />between the original estimate and what actually occurs. <br /> <br />Secondly, in an attempt to maintain an affordable coverage level for the dependents, we <br />are suggesting that the current costs for dependent coverage remain at the 2003 - 2004 <br />cost structure. <br /> <br />Below is a breakdown of the suggested renewal rates: <br /> <br /> HMO Rates Monthly Rates Monthly <br /> Participants 2003-20042003-2004 2004-2005 2004-2005 <br />County Cost 658 $404.00 $265,832.00$460.60 $303,074.80 <br />Spouse 39 $382.00 $14,898.00 $382.00 $14,898.00 <br />Children 39 $301.00 $11,739.00 $301.00 $11,739.00 <br />Family 25 $672.00 $16,800.00 $672.00 $16,800.00 <br /> POS Part. i, 'cipants <br />!Employee Cost 16 $47.00 $752.00 $47.00 $752.00 <br />Spouse 0 $497.00 $0.00 $497.00 $0.00 <br />Children 1 $407.00 $407.00 $407.00 $407.00 <br />Family 1 $902.00. $902.00 $902.00 $902.00 <br />Monthly Premium $311,330.00 $348,572.80 <br />Change 111.96% <br /> <br />If you have any questions, please don't hesitate to ask. <br /> <br />Mark E. Browder <br /> <br />5 <br /> <br /> <br />