Agenda Item Title:
Authorize Mayor and Finance Director to Sign 2021 Renewal with Wellmark BCBS for City Healthcare Plan
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
10/28/2020
City Council Hearing Date:
11/02/2020
Petitioner:
Nick Stroot, Healthcare Committee Chair
Staff Contact:
Laura Klapperich
Location:
Council Chambers
Agenda Item Summary:
On October 16, 2020 the City of Rapid City Healthcare Committee approved changes to the healthcare plans that are offered to our employees and retirees for 2021. There will be two different plan offerings instead of one and there will be different rates paid based on the plan selection and level of coverage for employees and their dependents. Changes are needed to help stabilize the City’s Healthcare Fund balance and keep pace with rising health insurance costs.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
Recommendations:
Origination Recommendation Action:
Approve