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Council approves Anthem renewal for employee health coverage; city saves about $46,000
Summary
Council approved keeping the city's employee health plan with Anthem, which staff said reduces the city's premium by about 2.5% and would save roughly $46,000; the coverage is scheduled to take effect July 1.
Council members approved a staff recommendation on June 15 to renew employee health coverage with Anthem, a plan staff said reduces the city's premium by about 2.5% and would save approximately $46,000 compared with prior estimates.
A staff presenter told the council that earlier estimates showed larger increases, but after fine-tuning counts the net change for the city is a 2.5% reduction in cost. The presenter said UnitedHealthcare was more expensive and the detailed Anthem summary and supporting materials are in the meeting packet.
A council member moved to accept the insurance recommendation; the motion was seconded and carried. The contract is set to take effect July 1.
Why it matters: Staff said the smaller-than-expected increase (now a modest reduction) gives the city's budget more breathing room as the council and staff prepare next year's budget workshops. Council members also discussed a broader review of benefits next year.
Next steps: Staff and the insurance committee plan further review of benefits during upcoming budget workshops.
