City of Racine - File #: 1018-23

• File #: 1018-23
• Version: A
• Name: Subject: Communication sponsored by Alder West on behalf of the Human Resources Benefits Manager, requesting to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2024. Staff Recommendation: That t
• Type: Communication
• Status: Passed
• File created: 10/17/2023
• In control: Finance and Personnel Committee
• On agenda: 11/7/2023
• Final action: 11/7/2023
• Title: Subject: Communication sponsored by Alder West, on behalf of the Human Resources Benefits Manager, requesting permission to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2024. Recommendation of the Finance and Personnel Committee on 10-30-2023: That the Human Resources Benefits Manager be authorized and directed to enter into an agreement for the City's 2024 Health Insurance Stop Loss Coverage with Vista through Brown & Brown. Fiscal Note: Estimated total cost is $874,685. Estimated cost for the City only is $648,090. Funds are allocated in the 2024 budget under Account #70312 52130 Stop Loss Premium.

Date	Ver.	Action By	Action	Result
11/7/2023	A	Common Council	Approved	Pass
10/30/2023	A	Finance and Personnel Committee	Recommended For Approval

Title

Subject: Communication sponsored by Alder West, on behalf of the Human Resources Benefits Manager, requesting permission to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2024.

Recommendation of the Finance and Personnel Committee on 10-30-2023: That the Human Resources Benefits Manager be authorized and directed to enter into an agreement for the City's 2024 Health Insurance Stop Loss Coverage with Vista through Brown & Brown.

Fiscal Note: Estimated total cost is $874,685.  Estimated cost for the City only is $648,090. Funds are allocated in the 2024 budget under Account #70312 52130 Stop Loss Premium.