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Aurora consolidates 2025 health plans under Blue Cross Blue Shield, council told expected $700,000+ in minimum savings

City of Aurora Finance Committee · August 30, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City HR presented a package moving administration of the HMO, PPO and high‑deductible plans to Blue Cross Blue Shield for 2025, citing guaranteed rebates and one‑time credits that staff said yield at least $700,000 in savings; the finance committee approved the administrative contract, rates and related retiree/COBRA and Medicare Advantage items.

Aurora’s Finance Committee on Aug. 29 approved a multi‑part package that moves the city’s health plan administration to Blue Cross Blue Shield (BCBS) for 2025 and adopted related rate and contract changes.

Alicia Lewis, chief human resources officer, told the committee that BCBS won the bid for administrative services across the city’s HMO, PPO and high‑deductible plans. Staff and consultant Mike Baker explained the financials: BCBS offered guaranteed Rx and plan rebates and first‑year credits that materially lowered…

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