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Health Insurance
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SUMMARY:
The bid process for health insurance, which includes a vision clause, was done through a publicly bid process. In September, bid packages were supplied to any broker and/or company in our database, posted on the City of Crossville website, and a notice was placed in the Crossville Chronicle.
As requested by bidders, an electronic employee census was provided as an addition to the renewal bid package and claims information. Due to employee privacy, information and claims experience was provided in such a way as to protect employee and dependent claim information
Bid packages for group health insurance for City of Crossville employees were sent out to seventeen (17) insurance agents/brokers for the year 2013. Of those seventeen, only Blue Cross Blue Shield of Tennessee, through Don Hinch and Associates, submitted a total bid package. (A list of companies receiving bids is attached).
Attached is a spreadsheet detailing the insurance options for Blue Cross/Blue Shield networks āSā and āPā. These quotes include vision. The only change to benefits will be increasing the deductible for an employee from $2,000 to $2,500 and out of pocket expense for an individual from $2,500 to $3,000 (2 times for a family). We are recommending following the Duer plan whereby the increase is split 50/50 with the employee for spouse/child/family coverage. (Chart attached). We recommend acceptance of Blue Cross/Blue Shield, Option C. (Bid quotes attached). This represents a 6% increase in premium.
This renewal process was given very close attention by the City Manager, Finance Director, and Human Resources Director. The overall benefits package for City employees is excellent and includes the following:
1) Excellent Health Insurance - City pays 100% for an employee and one-half for dependents
2) Excellent Dental Insurance - City pays 100% for an employee and 90% for dependents
3) Pension - fully funded for employees hired prior to ...
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