|
MAR 51980 42 nu 843
<br />.JIM FLYNN, OF THE PURCHASING DEPARTMENT, APPROACHED THE
<br />BOARD AND PRESENTED THE FOLLOWING INFORMATION REGARDING MEDICAL
<br />COVERAGE FOR THE COUNTY:
<br />COMPARISON 01' INDIAN RIVER COUNTY HEALTH, LIFE
<br />& ADD INSURANCE COVERAGE
<br />Accident N -
<br />BLUE CROSS Co. A.
<br />Co. B.
<br />Life Ins. & ADD
<br />3,000 3,000
<br />3,000
<br />Benefit
<br />( 1.00 per M) ( .63 Per
<br />M) ( .61 per M)
<br />_Hospital Room &
<br />12,655.75; per year
<br />151,869.00
<br />Board (Semi -Private)
<br />95.00 per day for 31 days,
<br />3.00 per month,
<br />Deductable per
<br />then BC will pay 80 % of the
<br />-----------'--------------------------'--------'-----
<br />Calendar Year
<br />amount in excess of the 95.00 100 %
<br />100 %
<br />Hospital Misc..
<br />Max. (out of pocket)
<br />93 @
<br />expense
<br />100 % (with the exception of
<br />calendar year for
<br />700 (single)
<br />any extra charge for use of
<br />$00 (family)
<br />11, 183.25, per year
<br />a television and for the issue
<br />LIFE & ADD
<br />248 @
<br />of an "admission kite. 80 %
<br />100 %
<br />Sargi a� 1 P.Xp.,4e
<br />100 % of the fee as compared
<br />with the Blue Cross Rate
<br />TOTAL FOR YEAR. . . . . . . . .$ 171,930.96
<br />schedule ( Max of the 1st 333.00)
<br />then the employee pays his 100.00
<br />deductable (unless otherwise
<br />satisfied). Blue Cross will then
<br />pay the next 3,000.00 at 80 %, the
<br />employee will then pay 20 % or
<br />600.00. The balance is then paid
<br />by Blue Cross up to the life time
<br />benefit. 100 %
<br />100 %
<br />Cost of Blood
<br />Covered
<br />NO YES
<br />YES
<br />Supplemental
<br />248 employees. (
<br />Accident N -
<br />and 155 employees have dependents)
<br />DeductableT
<br />150.00
<br />Max. life time
<br />3,038.00; per year
<br />Benefit
<br />250,000.00
<br />155 @
<br />Co -Insurance
<br />12,655.75; per year
<br />151,869.00
<br />Insurance
<br />3,000.00
<br />3.00 per month,
<br />Deductable per
<br />8,928.00
<br />-----------'--------------------------'--------'-----
<br />Calendar Year
<br />100 (single)
<br />I
<br />200 (family)
<br />Max. (out of pocket)
<br />93 @
<br />for employee per
<br />2690.49, per year
<br />calendar year for
<br />700 (single)
<br />covered expenses.
<br />$00 (family)
<br />This Company will pay 100 %
<br />of the first 2,000.00 of all
<br />consolidated expenses before
<br />the employee pays his 100.00
<br />deductable. then this company
<br />pays the next 2500.00 at 80 %
<br />and the employee pays 20 % or
<br />500.00. This company will then
<br />pay the balance up to the life
<br />time benefit.
<br />300.00 300.00
<br />250,000.00 250,000.00
<br />2,500.00 2,500.00
<br />100 (single) 100 (single)
<br />200 (family) 200 (family)
<br />Co. C.
<br />3,000
<br />( .65 per M)
<br />80 %
<br />80 %
<br />80 %
<br />YES
<br />300.00
<br />250,000.00
<br />2,500.00
<br />100 (single)
<br />200 (family)
<br />600 (single) 600 (single)* 600 (single)
<br />700 (family) 700 (family)* 700 (family)
<br />* Max. for two consecutive
<br />calendar years.
<br />This comparison based on
<br />248 employees. (
<br />93 employees are single
<br />and 155 employees have dependents)
<br />BLUE CROSS RATES:
<br />93 @
<br />32.56 per month,
<br />3,038.00; per year
<br />36,336.00
<br />HEALTH
<br />155 @
<br />81.65 per month,
<br />12,655.75; per year
<br />151,869.00
<br />LIFE & ADD
<br />248 @
<br />3.00 per month,
<br />744.00, per year
<br />8,928.00
<br />-----------'--------------------------'--------'-----
<br />TOTAL FOR YEAR.. . . . . . . . $ 197,133.00
<br />COMPANY B RATES:
<br />93 @
<br />28.93 per month,
<br />2690.49, per year
<br />--"-----
<br />32,285.88
<br />HEALTH
<br />155 @
<br />72.15'per month,
<br />11, 183.25, per year
<br />134,199.00
<br />LIFE & ADD
<br />248 @
<br />1.83 per month,
<br />453.84 per year
<br />5,446.08
<br />TOTAL FOR YEAR. . . . . . . . .$ 171,930.96
<br />*********SAVINGS*********** $ 251202.04 ******************
<br />WiAP061980 5
<br />
|