Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Benefits Insurance topic
No spam. Unsubscribe anytime.
Brentwood committee approves insurance renewals; staff notes medical and vision premium increases
Summary
The committee approved renewing cyber insurance and public-officials/employment-practices liability policies and approved passing dependent premium increases for medical coverage; staff reported a 6% medical premium increase and a 3.7% vision increase.
The Ways and Means Committee approved three insurance actions at its June 5 meeting: passage of medical dependent premium changes recommended by staff, renewal of the city’s cyber insurance policy and renewal of the city’s public-officials and employment-practices liability policy.
Tangela, human resources staff, told the committee the major takeaway from the benefits memo is a 6% increase in medical premiums and a 3.7% increase in vision premiums; dental rates did not increase. After discussion a motion to pass the dependent premium along was made and approved by the committee.
Tangela also presented the cyber insurance renewal. In board materials she cited a recommended renewal cost of $26,005.70; during the motion the amount referenced for the renewal was $26,570 (a discrepancy noted in the meeting record). The committee voted to renew the cyber policy. Tangela then presented renewal of the public-officials and employment-practices liability coverage: $4,000,000 per-claim aggregate at a renewal cost of $48,036 (up from about $45,000). The committee approved the EPLI renewal.
All three items passed the committee by voice vote; the committee took no further policy directions at the meeting.
