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TO: Members of the Board <br />of County Commissioners <br />FROM: Joseph A. Baird <br />OMB Director <br />SUBJECT: BUDGET AMENDMENT - <br />NUMBER: 097 <br />DATE: September 1. 1988 <br />Entry <br />Number <br />Funds De artment Account Name <br />Account Number <br />Increase <br />Decrease <br />1. <br />EXPENSE <br />GENERAL FUND <br />Administrator Unemnlo ent Comp <br />001-201-5f2-012.15 <br />$1.719.00 <br />0 <br />Parks-/Unemployment/Compensation <br />001-210-572-012.15 <br />S 28.00 <br />0 <br />Building & Grounds nem . Comp. <br />001-220-519-012.15 <br />S 277.00 <br />9 0 <br />Risk Mana ement Unem . Comp. <br />001-24-6-513-012.15 <br />493.00 <br />0 <br />Su v. Elections Unem .Com . <br />001-700-519-012.15 <br />9.00 <br />0 <br />Reserve for Contingency <br />001-199-581-099.91 <br />9 0 <br />2 526.00 <br />IRC EMPLOYEE HEALTH INSURANCE CONTRACT <br />The Board reviewed the following memo dated 9/6/89: <br />TO: Members of the Board <br />of County Commissioners <br />DATE: September 6, 1989 <br />SUBJECT: HEALTH INS N NTRACT <br />THROUGH: Jack Pricey <br />Personnel director <br />FROM: Joseph A. Baird <br />OMB Director. <br />American General Group Insurance Company contract for administrating <br />the Indian River County health plan is due for renewal October 1, 1989. <br />The contract, as submitted, is the result of staffs negotiations with <br />American General and a review of Indian River County's claim history. <br />The agreement has the following changes from the current years <br />contract. <br />1. Administrative fee has been increased from $11.24 per <br />employee/per month to $11.98 per employee/per month. <br />One reason for the increase is the revisions in the <br />insurance premium tax laws for the state of Florida. <br />2. The cost of reinsurance (stop/loss insurance) at a <br />specific pooling of $50,000 has also increased to <br />$12.72 from $10.11 per employee/per month. Reinsurance <br />cost are based on an organization's claim history and <br />Indian River County is having larger claims over the <br />$50,000 threshold. <br />27 EOOK � � FA,E. ��� <br />