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Board of County Commissioners <br />Page 2 of 4 <br />January 25, 2016 <br />Table 1- Annual Healthcare Costs <br />Fiscal RYeart, _� <br />��: �•$13,681,578 <br />t Healthca } <br />s <br />.. y Expenditures w, . ,. <br />o =�„�•.- <br />/o Increase/ (Dec )u <br />,n .from Prior Year g. <br />2010/11 $1,250,302 <br />2011/12 $993,336- <br />2012/13 $484,193 <br />$13,503,300 <br />•• <br />2014/15 ($2,763,295) <br />.• <br />2015/16 (Proj.) ($3,900,000) <br />$18,070,954�.• <br />Analysis and Funding <br />Table 1 above shows total healthcare expenditures from fiscal year 2008/09 through 2014/15, along with <br />projected expenses for the current fiscal year (2015/16). Please note, staff has assumed a 9.0% inflation <br />factor for the current fiscal year, which results in expected expenses of $19.7 million with the current <br />plan. Staff estimates that the health insurance fund will experience a shortfall in fiscal year 2015/16 of <br />about $3.9 million with no change in funding rates (see Table 2 below). <br />Table 2- Health Insurance Fund Net Revenues/(Expenses) <br />2008/09 $3,032,903 <br />2009/10 $1,761,580 <br />2010/11 $1,250,302 <br />2011/12 $993,336- <br />2012/13 $484,193 <br />2013/14 ($1,375,479) <br />2014/15 ($2,763,295) <br />2015/16 (Proj.) ($3,900,000) <br />76 <br />