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File #: 0778-23    Version: A Name: Subject: Communication sponsored by Alder West, on behalf of the Human Resources Benefits Manager, presenting the United Healthcare (UHC) Medicare Advantage plan agreement for renewal. Staff Recommendation: To approve the UHC Medicare Advantage plan a
Type: Communication Status: Passed
File created: 8/2/2023 In control: Finance and Personnel Committee
On agenda: 9/5/2023 Final action: 9/5/2023
Title: Subject: Communication sponsored by Alder West, on behalf of the Human Resources Benefits Manager, presenting the United Healthcare (UHC) Medicare Advantage plan renewal agreement for approval. Recommendation of the Finance and Personnel Committee on 08-07-2023: That the Human Resources Dept. be authorized to approve the United Healthcare (UHC) Medicare Advantage plan renewal agreement as presented. Fiscal Note: Renewal includes a premium increase of 3.8%. The proposed premium will be $283.21 per member per month. Total annual cost for approximately 726 City members is $2,467,325.52 and the total annual cost for approximately 103 members of the Utilities is $350,047.56. Funds will be proposed in the 2024 budget.
Attachments: 1. 2024 UHC MAPD Renewal - City of Racine (002), 2. #0778-23 Resolution

Title

Subject: Communication sponsored by Alder West, on behalf of the Human Resources Benefits Manager, presenting the United Healthcare (UHC) Medicare Advantage plan renewal agreement for approval.

 

Recommendation of the Finance and Personnel Committee on 08-07-2023: That the Human Resources Dept. be authorized to approve the United Healthcare (UHC) Medicare Advantage plan renewal agreement as presented.

 

Fiscal Note: Renewal includes a premium increase of 3.8%. The proposed premium will be $283.21 per member per month. Total annual cost for approximately 726 City members is $2,467,325.52 and the total annual cost for approximately 103 members of the Utilities is $350,047.56.  Funds will be proposed in the 2024 budget.