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2012 Council Work Session Materials
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06-05-2012
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HSA Discussion
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4/29/2021 12:10:31 PM
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- ,AALLIANCE <br /> BENEFIT <br /> ® <br /> kw,. <br /> SERVICES,CORR <br /> 201 EAST CLARK SmRFEr,,P.O.Box 1206 <br /> February21 2012 ALBERT LEA,MN 56007.1206 <br /> TEL 507 377.2919 FAX 507-377.2051 <br /> Schawn Johnson <br /> City of New Brighton <br /> 803 Old Hwy 8 NW <br /> New Brighton, MN 55112 <br /> Re: Health Renewal Eligibility and Cost <br /> Dear Schawn: <br /> The City Council members asked if the City of New Brighton health insurance plan could <br /> be made available to other staff members that are not considered to be full-time. Alliance <br /> Benefit Group and HealthPartners have reviewed the alternatives and here are the <br /> responses: <br /> 1. The current eligibility of the health plan are full-time and working 40 hours a <br /> week. The plan would allow for the eligibility to change, such as permanent part- <br /> time, 30 hours a week,20 hours a week, etc. <br /> 2. The understanding is the City would not make an employer contribution to non- <br /> full-time employees working 40 hours but would have the plan available to those <br /> who choose to participate. Unfortunately,NJPA and HealthPartners have a <br /> provision within the contract that states the employer is required to contribute <br /> 50%of the employee's premium. This provision would not allow you to add the <br /> other class of employees. <br /> 3. The cost of the plan is hard to quantify due to not knowing the exact number that <br /> would come on to the plan,however, currently if there is a 1O%increase in the <br /> overall pool rates would need to be re-calculated. Currently the underwriters are <br /> reviewing to see if they would have a similar provision per employer within the <br /> pool. <br /> If you have any questions, or need further explanation,please give me a call 1-800-880- <br /> 4015 or e-mail kdulitz(cr�abg-mn.com. <br /> Sin • , <br /> Kevi .. <br /> Consultant <br /> COMPENSATION AND BENEFIT PROFESSIONALS <br /> Securities offered through NFP Securities,Inc.,a Broker/Dealer and Memher FINRA/SIPC <br /> Investment Advisory Services offered through ABC Investment Services,Inc.,a Registered Investment Advisor <br /> NFP Securities,Inc is not affiliated with ADO Investment Services,Inc.or Alliance Benefit Group Financial Services Corp. <br />
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