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File #: 1153-17    Version: B Name: (Direct Referral) Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the renewal of the City's Stop Loss Insurance coverage for 2018. (Res. 0399-17)
Type: Communication Status: Passed
File created: 11/22/2017 In control: Finance and Personnel Committee
On agenda: Final action: 12/5/2017
Title: Subject: (Direct Referral) Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the renewal of the City's Stop Loss Insurance coverage for 2018. (Res. 0399-17) Recommendation of the Finance & Personnel Committee on 11.27.2017: That the Finance and Personnel Committee renew the City’s Stop Loss Insurance for 2018 consistent with the recommendation of The Horton Group. Fiscal Note: Total annual premium for 2018 of $969,975. This is approximately a 14.09% increase over 2017. Funding is available in Org-Object 70312 52130, Stop-Loss Premium.
Attachments: 1. 2018 SL Recommendation - City of Racine
Related files: Res.0399-17

Title

Subject: (Direct Referral) Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the renewal of the City's Stop Loss Insurance coverage for 2018. (Res. 0399-17)

 

Recommendation of the Finance & Personnel Committee on 11.27.2017: That the Finance and Personnel Committee renew the City’s Stop Loss Insurance for 2018 consistent with the recommendation of The Horton Group.

 

Fiscal Note:  Total annual premium for 2018 of $969,975. This is approximately a 14.09% increase over 2017. Funding is available in Org-Object 70312 52130, Stop-Loss Premium.