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Subject: Communication sponsored by Alder Horton, 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 2025.
Recommendation of the Finance and Personnel Committee on 10-07-2024: That the Human Resources Benefits Manager be granted permission to enter into an agreement for the City's 2025 Health Insurance Stop Loss Coverage with Vista through Brown & Brown.
Fiscal Note: Estimated total cost is $980,214. Estimated cost for City only is $871,499. Funds are allocated in the 2025 budget under Account #70312 52130 Stop Loss Premium.