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Agenda Plus
School Board of Clay County
March 5, 2020 Regular School Board Meeting
Title
C12 - Renewal of Employee Benefits for the 2020-2021 plan year (Item pulled by staff member)
Description

The Clay County School Board offers employee benefits to all eligible employees, and retirees on an annual basis as required by State and Federal Law.  The Employee Benefit Renewal document outlines the renewal process for all employee benefits and the web enrollment system for the 2020-2021 plan year (October 1st -September 30th).

Gap Analysis

An overall medical increase from UnitedHealthcare of 5.9% over the current rates, which equates to approximately $2,010,629.00.  Kemper our medical gap carrier renewed with no increase to premiums.  Humana our vision carrier renewed with no increase to premiums with a three year rate guarantee.

Previous Outcomes

Employee Benefits is part of the collective bargaining process which is negotiated through the district Insurance Committee.  The Board has maintained an Employee Benefits package that has been in compliance with Florida Statutes and the Affordable Care Act, based on the recommendations of the Insurance Committee.

Insurance Plan

2019-2020*

2020-2021

Estimated Cost Difference

United Healthcare

$30,240,865.00

$32,251,494.00

$2,010,629.00

Humana Voluntary

$464,786.76

$464,786.76

No Increase

Kemper Voluntary

$255,290.40

$255,290.40

No Increase

*Premiums shown are estimated since plan year premium payment is not complete.

Expected Outcomes

The Board to approve the Employee Benefit Package including the web enrollment system for the plan year 2020-2021. The district will continue to maintain a fully insured Employee Benefit Package as required by Florida Statutes and The Affordable Care Act.  

Strategic Plan Goal

The district ensures fiscal responsibility & equitable distribution of resources.

Recommendation

That the Clay County School Board approve the renewal of Plan A Medical, Medical Gap, Group Term Life & AD&D, Supplemental Life & AD&D, Short and Long Term Disability, Dental, Vision, Accident and Injury Policy, Critical Illness, Whole Life, Flexible Spending Account, Health Savings Account and Plan B Coverages (Employees with no Medical Insurance) and the Web Enrollment Program provided by BenefitFocus for the plan year October 1, 2020 through September 30, 2021.  This is the recommendation of the Insurance Committee.

 

Contact
Dr. Susan Legutko Assistant Superintendent of Business Affairs (904)284-6571 Susan.Legutko@myoneclay.net
Financial Impact
An overall medical increase from UnitedHealthcare of 5.9% over the current rates, which equates to approximately $2,010,629.00, with Humana and Kemper renewing at no increase over the current cost. All per pay period rates are subject to collective bargaining.
Review Comments
Attachments
CCSD Board Presentation 03052020 (2).pdf