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Employee Group Insurance Renewals <br />September 17, 2007 <br />Page 3 <br />Ca1PERS Health Program <br />The CalPERS Health Program medical rates will increase overall premiums <br />by 6.30. This increase is nearly six percentage points lower than the <br />overall 2007 rate increase, and the smallest in a decade. <br />Plan Employee <br />Only Employee & 1 <br />Dependent Employee & 2+ <br />Dependents <br />Blue Shield Access+ HMO $447.97 $ 895.94 $1164.72 <br />Blue Shield NetValue $401.98 $ 803.96 $1045.15 <br />Kaiser $393.63 $ 787.26 $1023.44 <br />PERSCare $712.71 $1425.42 $1853.05 <br />PERSChoice $458.59 $ 917.18 $1192.33 <br />PERSSelect $444.05 $ 888.10 $1154.53 <br />PORAC(safety members) $452.00 $ 847.00 $1076.00 <br />The City is entering into the third year of a three-year rate guarantee <br />with Reach Employee Assistance Plan. Retirees are not included in the <br />annual cost estimates. In addition, the Police Officers Association is <br />not included in the medical and dental projections since they maintain <br />their own insurance programs. <br />FISCAL IMPACT <br />The annual cost of each plan may vary depending on changes in the number <br />of employees enrolled during the year. The projected annual costs are <br />calculated using current enrollment as of July 2007. <br />AIG Life Insurance Company <br />Dental Carriers <br />Ca1PERS Medical <br />REACH (EAP Provider) <br />Total Annual Cost <br />2007 <br />$ 265,358 <br />$ 660,796 <br />$7,976,933 <br />$ 41,803 <br />$8,994,890 <br />2008 <br />$ 279, 308 <br />$ 763,402 <br />$ 9,362,128 <br />$ 41,803 <br />$10,446,641 <br />Difference <br />$ 13, 950 <br />$ 102,606 <br />$1,385,195 <br />$ 0 <br />$1,451,751 <br />Funds in the amount of $10,446,641 are budgeted and available in the <br />Personnel Services Employee Benefits account (account no. 81-177-6521). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />u - <br />Enrique J. Alv ~ k'rancisco Gutierrez ~ <br />Execut~ e Dir ct r executive Director <br />Personnel Services Finance & Management Services Agency <br />25A-3 ~~ <br />