Laserfiche WebLink
• ADMINISTRATOR .JENNINGS DISTRIBUTED TO THE BOARD COPIES OF -A LETTER <br />AND PROPOSAL RECEIVED FROM FOSTER WRIGHT, OF BLUE CROSS & BLUE SHIELD OF <br />FLORIDA, IN REGARD TO OUR GROUP LIFE INSURANCE PROGRAM AND STATED HE HOPED <br />THE PRESS WILL LET IT BE KNOWN THAT THE COUNTY IS.SEEKING PROPOSALS IN THE <br />AREA.OF A GROUP LIFE INSURANCE PROGRAM, <br />P. o. Box 1798 { <br />i, <br />832 Riverside Avenue <br />3•; �►®'� Jacksonville, Florida 02201 <br />r (904) 791-6111 I <br />• <br />Blue Cross Blue Shield <br />ori olFlorMa <br />August 17, 1976 <br />Mr. Jack Jennings, County Administrator <br />Indian River County , <br />P. 0. Box 1028 <br />Vero Beach_, Florida 32960 <br />Ret Group 21122 <br />i <br />Dear Mr. Jennings: <br />I have taken the liberty of refiguring your Life Insurance rate since j <br />we have consolidated the Road & Bridge Group with The Board of County <br />Commission payroll. Your present rate of $1.08 per thousand would be <br />reduced to $ .95 per thousand if all insured are increased to $5,000. { <br />I would like to make recommendation that we drop the maternity in your <br />group since it only pays out a total of $163. This is costing the.Couaty <br />$1.03 per month ou family contract. <br />I am proposing you increase your Life Insurance from $2,000 to $5,000. <br />Since you are naw paying $2.16 per month now, the increase to $5;000 would <br />be $1.51 per month. <br />As you know, $2,000 doesn't do what it used to when we added Life Insurance <br />to your group about 10 years ago. $5,000 is a more realistic figure in <br />these inflationary times. <br />In -the event of Accidental Death, the amount would be doubled to $10,000. <br />I hope this idea meets with your approval. <br />Sincerely, <br />BLUE CROSS & BLUE SHIELD OF FLORIDA, INC. <br />j <br />Foster V. Wright <br />Replcesentative <br />Fw/vsc . <br />a, <br />� k <br />• 1 <br />Blue Cross of Florida, Inc. Blue Shield of Florida, Inc. <br />_ 29 =..� <br />AUG 181976 ., <br />'60 t 26 'a"' 261 <br />