City of Racine - File #: 1210-18

• File #: 1210-18
• Version: A
• Name: Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2019.
• Type: Communication
• Status: Passed
• File created: 11/16/2018
• In control: Finance and Personnel Committee
• Final action: 12/4/2018
• Title: Subject: Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2019. Recommendation of the Finance & Personnel Committee on 11/26/2018: That the Mayor and City Clerk are authorized and directed to enter into an agreement for the City's 2019 Health Insurance Stop Loss Coverage with American Fidelity Assurance Company through the Horton Group. Fiscal Note: Total annual premium for 2019 of $848,931. This is approximately a 12% decrease from 2018. Funding is available in Org-Object 70312 52130, Stop-Loss Premium.
• Sponsors: Q.A. Shakoor II

Date	Ver.	Action By	Action	Result
12/4/2018	A	Common Council	Approved as Presented	Pass
11/26/2018	A	Finance and Personnel Committee	Recommended For Approval	Pass
11/20/2018	A	Common Council	Referred

Title

Subject: Communication from the Human Resources Manager and City Attorney requesting to appear before the Finance and Personnel Committee to discuss the City's Stop Loss Insurance coverage for 2019.

Recommendation of the Finance & Personnel Committee on 11/26/2018: That the Mayor and City Clerk are authorized and directed to enter into an agreement for the City's 2019 Health Insurance Stop Loss Coverage with American Fidelity Assurance Company through the Horton Group.

Fiscal Note: Total annual premium for 2019 of $848,931. This is approximately a 12% decrease from 2018. Funding is available in Org-Object 70312 52130, Stop-Loss Premium.