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Title:
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Subject: Communication sponsored by Alder Horton, on behalf of the Human Resources Benefits Manager, requesting permission to present a modification to the plan design for the City's Retiree Medicare Advantage Health Plan.
Recommendation of the Finance and Personnel Committee on 10-07-2024: That the modification to the plan design for the City’s Retiree Medicare Advantage Health Plan be approved as presented and that the Human Resources Department be authorized to enter into an agreement with Network Health (NHP) for Retiree Medicare Advantage coverage for 2025.
Fiscal Note: Plan design changes will result in a decrease in the City wide cost of the program for 2025 of approximately $1.2M. Costs will be reflected in the 2025 budget.
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