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HomeMy WebLinkAbout33136 / 84-09.., December 20, 1984 (CARRIED PURPOSE: INITIATED BY: #9 RESOLUTION LOST LAID OVER WITHDRAWN ) PROPOSAL FOR EMPLOYEE HEALTH INSURANCE FOR 1985 CITY ADMINISTRATION BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized and directed to enter into an appropriate agreement with Wisconsin Physician Service (WPS) of Madison, Wisconsin, to provide health insurance for the employees of the City of Oshkosh pursuant to the proposal submitted by WPS and as outlined in the material attached hereto. BE IT FURTHER RESOLVED that money for this purpose is hereby appropriated from Account #083 - Health and Welfare Insurance. - 12 - SUBMITTED BY APPROVED Ji�l- J � Resolution #9 Administrative Expense 4lisconsin Physician Service Blue Cross/Surqical Care Central Life Fireman's Fund D.C.A. (North American L&C) P.A.S. N.B.P. Wausau Companies Safeco 5.9� of Paid Claim Est. Annual $51,308.00 9.9� of Paid Claim Est. Annual $78,021.00 5.30 of Paid Claim Est. Annual $46,678.00 $5.30 ,Single D4onthly $7.90 Family'MOnthly Est. Annual $49,738.00 $5,000.00 + $6.60 per ee Monthly Annual $40,194.00 Maximum Amount $40,194.00 $4,50 per ee + $2.50 Convers Charge Annual $46,956.00 6.60 of claim $84,698.00 6.Oo of claims $79,055.00 + $5,000.00 lst Year $1,500.00 Conversion $3,348,00 - 12a - (1) FITZGERALD, CLAYTON, NOYES & KASTEN, INC. ---� Specific Stop Loss Wisconsin Physician Service Blue Cross/Surgical Care Central Life Fireman's Fund Monthly-Single $6.10 Family $16.50 D.C.A. (NOrth American L&C) Monthly-Single $7.10 Family $19.53 P.A.S. E�� 0 S4ausau Companies Safeco tion #9 $ 25,000.00 $ 48,649.00 Annual 5.6� of Paid Claims No Quote $ 25,000.00 $ 86,346.00 Annual 9.4� of Paid Claims $ 20,000.00 $ 98,927.00 Annua� $ 35,000.00 $117,349.00 Annual $ 25,000.00 $ 81,928.00 Annual $ 25,000.00 $112,224.00 Annual $ 25,000.00 $114,315.00 Annual $ 50,000.00 $ 71,599.00 Annual - 12b - (2) FITZGERALD, CLAYTON, NOYES & KASTEN, INC. -----� Resolution #9 Aggregate Stop Loss % Annual Wisconsin Physician Service 120� $ 6,957.00 Blue Cross/Surgicare 120� $11,290.00 Central Life Fireman's Fund 120� 120% $14,313.00 $ 3,631.00 D.C.A. (North American L&C) 125� $ 8,000.00 P.A.S. N.B.P. wausau Companies Safeco 125% + 10$ Co/Ins. $ 9,653.00 120� + 10� Co/Ins. $ 9,861.00 1250 $17,515.00 125% $ 5,000.00 - 12c - (3) FITZGERALD, CIAYTON, NOYES & KASTEN, INC. 1�laximum Liabil Wisconsin Physician Service Blue Cross/Surgical Care Central Life Fireman's Fund D.C.A. (North American L&C) P.A.S. N.B.P. Wausau Companies Safeco Resolution #9 $1,385,393.00 $1,286,011.00 $1,610,791.00 $1,658,660.00 $1,441,265.00 $1,439,823.00 + l0� Co-Ins. $1,345,356.00 + 10% Co-Ins. $1,604,124.00 $1,646,983.00 The above amounts reflect the level of Aggregate Stop Loss quoted, plus other charges that must be added to the cost of the program. - 12d - (4) FIT7(;FRA1 fl rl AYTf1tJ NnYF� R KAC�r�t+l t�ir Resolution #9 Annual Administration Insurance Charges Combined Cost Wisconsin Physician Service Blue Cross/Surgical Care Central Life Fireman's Fund D.C.A. (North American L&C) (Life, AD&D Required) P.A.S, N.B.P. Plausau Companies $106,914.00 $ 89,311.00 (No specific Stop Loss) $149,337.00 $152,296.00 $199,693.00 $138,586.00 $169,041.00 $216,528.00 Safeco (Life, AD&D Required) $165,502.00 - 12e - (5) FITZGERALD, CLAYTON, NOYES & KASTEN, 1NC. ,� � � �d F'� N ci' (� � � n � � N �' m � � n �'. N � o � ~ � � � � � �o r� z ty .. `C O m ro rn y rn Hb � �s m p � 'CS 'S O w �n �m � � m �h M O O �3 n �� �N vi O � N N x m w N � � '� (D N a � �� �� f:� C.� f'e