City of Racine - File #: 0879-24

• File #: 0879-24
• Version: A
• Name: Subject: Communication sponsored by Alder Horton, on behalf of the Human Resources Benefit Manager, presenting the healthcare employee premium equivalent rates for 2025.
• Type: Communication
• Status: Passed
• File created: 10/3/2024
• In control: Finance and Personnel Committee
• On agenda: 10/15/2024
• Final action: 10/15/2024
• Title: Subject: Communication sponsored by Alder Horton, on behalf of the Human Resources Benefits Manager, requesting permission to present the healthcare employee premium equivalent rates for 2025. Recommendation of the Finance and Personnel Committee on 10-07-2024: That the employee healthcare premium equivalent rates for 2025 be approved. Fiscal Note: Slight increase in rates corresponds to an increase in our healthcare costs. Additional revenue from premium contributions is expected to be about $100,000 and will be incorporated into the 2025 healthcare budget.

Date	Ver.	Action By	Action	Result
10/15/2024	A	Common Council	Approved
10/7/2024	A	Finance and Personnel Committee	Recommended For Approval

Title

Subject: Communication sponsored by Alder Horton, on behalf of the Human Resources Benefits Manager, requesting permission to present the healthcare employee premium equivalent rates for 2025.

Recommendation of the Finance and Personnel Committee on 10-07-2024: That the employee healthcare premium equivalent rates for 2025 be approved.

Fiscal Note: Slight increase in rates corresponds to an increase in our healthcare costs.  Additional revenue from premium contributions is expected to be about $100,000 and will be incorporated into the 2025 healthcare budget.