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Employee Group Insurance Renewals
<br />August 6, 2012
<br />Page 4
<br />FISCAL IMPACT
<br />The annual cost of each plan may vary depending on changes in the number of employees
<br />enrolled during the year. The projected annual costs are calculated using current enrollment as of
<br />July 2012.
<br />Coverage for SEIU, CASA, SAMA, EM, PMA & PTCS
<br />Aetna Life /LTD Insurance
<br />Dental Carriers
<br />CalPERS Medical
<br />REACH (EAP Provider)
<br />Total Annual Cost
<br />2012
<br />$ 131,594
<br />$ 375,038
<br />$ 6,455,785
<br />$ 18,071
<br />$ 6,980,488
<br />2013
<br />$ 115,175
<br />$ 339,307
<br />$ 5,722,225
<br />$ 18,071
<br />$ 6,194,778
<br />Difference
<br />$ 0
<br />$ 0
<br />$ 0
<br />$ 0
<br />$ 0
<br />Difference
<br />$ - 16,419
<br />$ - 35,731
<br />$-733,560
<br />$ 0
<br />$-785,710
<br />Funds in the amount of $7,473,775 are budgeted and available in the Personnel Services
<br />Employee Benefits account (account no. 08109053 - 64010) to pay for City Administered insurance
<br />coverage. Funds in the amount of $7,080,920 are budgeted and available in the Employee
<br />Benefits account (account no. 08109053 - 64010) to pay for the Association Administered insurance
<br />coverage. Total budgeted amount is $14,554,695 available in Fiscal Year 2012 -2013. The balance
<br />to be budgeted in Fiscal Year 2013 -2014.
<br />Edward S. Raya
<br />Executive Director
<br />Personnel Services
<br />APPROVED AS TO FUNDS AND ACCOUNTS:
<br />Francisco Gutierrez
<br />Executive Director
<br />Finance & Management Services Agency t�
<br />25C -4
<br />Coverage for POA (Sworn and Non - Sworn)
<br />2012
<br />2013
<br />Aetna Life /POA LTD Insurance
<br />$
<br />439,753
<br />$ 439,753
<br />POA Dental
<br />$
<br />574,560
<br />$ 574,560
<br />POA Medical
<br />$
<br />6,940,940
<br />$ 6,940,940
<br />REACH (EAP Provider)
<br />$
<br />11,810
<br />$ 11,810
<br />Total Annual Cost
<br />$
<br />7,967,063
<br />$ 7,967,063
<br />Coverage for SEIU, CASA, SAMA, EM, PMA & PTCS
<br />Aetna Life /LTD Insurance
<br />Dental Carriers
<br />CalPERS Medical
<br />REACH (EAP Provider)
<br />Total Annual Cost
<br />2012
<br />$ 131,594
<br />$ 375,038
<br />$ 6,455,785
<br />$ 18,071
<br />$ 6,980,488
<br />2013
<br />$ 115,175
<br />$ 339,307
<br />$ 5,722,225
<br />$ 18,071
<br />$ 6,194,778
<br />Difference
<br />$ 0
<br />$ 0
<br />$ 0
<br />$ 0
<br />$ 0
<br />Difference
<br />$ - 16,419
<br />$ - 35,731
<br />$-733,560
<br />$ 0
<br />$-785,710
<br />Funds in the amount of $7,473,775 are budgeted and available in the Personnel Services
<br />Employee Benefits account (account no. 08109053 - 64010) to pay for City Administered insurance
<br />coverage. Funds in the amount of $7,080,920 are budgeted and available in the Employee
<br />Benefits account (account no. 08109053 - 64010) to pay for the Association Administered insurance
<br />coverage. Total budgeted amount is $14,554,695 available in Fiscal Year 2012 -2013. The balance
<br />to be budgeted in Fiscal Year 2013 -2014.
<br />Edward S. Raya
<br />Executive Director
<br />Personnel Services
<br />APPROVED AS TO FUNDS AND ACCOUNTS:
<br />Francisco Gutierrez
<br />Executive Director
<br />Finance & Management Services Agency t�
<br />25C -4
<br />
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