Explanation
BACKGROUND: To maintain insurance programs in accordance with the negotiated labor contracts, additional funding of the COBRA continuation insurance program is necessary to insure continuation of employee insurance coverage. Cost estimates were based on 2008-09 trust fund expenditures using a three year average of actual city utilization, expected changes due to union negotiations, as well as input from insurance carriers. The contract is for a three-year period, subject to annual appropriation; this ordinance represents the third renewal option.
Contract compliance number 31-1142815
FISCAL IMPACT: To modify and extend the existing contract with United HealthCare Insurance Company to establish the maximum obligation liability, and to authorize the expenditure of $15,000.00 for COBRA administrative services from February 1, 2010 through January 31, 2011. Funding is available in the 2010 budget for this contract. This ordinance is an emergency measure to ensure insurance coverage as negotiated by union contract. The current contract expires January 31, 2009.
Title
To authorize the Human Resources Director to modify and extend the existing contract with United HealthCare Insurance Company to provide all eligible employees COBRA continuation insurance coverage from February 1, 2010 through January 31, 2011 and to authorize the expenditure of $15,000.00 from the Employee Benefits Fund, or so much thereof as may be necessary to pay the costs of said contract; and to declare an emergency. ($15,000.00)
Body
WHEREAS, it is necessary to authorize the expenditure of up to $15,000.00 or so much thereof as may be necessary to pay contract costs for COBRA continuation insurance services;
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to enter into a contract and to pay the associated contract costs to avoid interruption in necessary services for the p...
Click here for full text