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C4
<br /> Indian River County
<br /> Group Life and LTD RFP-2014034
<br /> Group Life Cost
<br /> Proposal Review
<br /> Standard Insurance
<br /> Company Current Standard insurance -
<br /> Plan Company - Symetra - Mutual of Omaha Minnesota Life Flonda Combined CIGNA Hartford
<br /> volume - - - Basic Life&AD&D-Monthly Cost Estimates
<br /> A8 Ages $ 64,369,5001 S 14,805 $ 12,552 $ 21,886 $ 12,745 $ 20,856:$ 17,380 $ 19,955:$ 14,161
<br /> Optional Life-Monthly Cost Estimates
<br /> -
<br /> <25 $ 450,000 $ 14 $ 14 $ 14 $ 14 $ 14 $ 23 $_ 14 $ 14
<br /> 25-29 $ 1,080,000 $ --- 43 -$--_ 431 $ 43 $ 43 $ 43 $ 54 $ _ 43 $ 43
<br /> 30-_34 _$ 4,420,000 - --- _ _
<br /> _ $ 221 5 zzi!.5 221 $ 221 $ 221 $ 265.$ 221 $ 221
<br /> 35-39 $ 5,170,000 $ 414 $ 414 $ 414 $__ 414 $ 41_4_$_ 465:$ 414 $_ 414
<br /> 40-44 $ 5,560,000 $ 723 $ 723 $ 723•$ --,-_ 723 $ 723 $ - _- 834•$ 723 $ _ 723
<br /> 45.49 $ 5,040,000 $ - 1,159 $ 1,159 $ 1,159;$ 1,159 $ _. - 1,159 $ 1,310 - 1,159 $ 1,159
<br /> 50-54 $ 6,390,000 $ 2,428 $ 2,428 $ 2,428 $ _ 2,428 $ 2,428 $ 2,812 $ 2,428 _$ 2,428
<br /> 55-59 $ 3,530,000 _$__ _ 2,4001$ 2,400 $ 2,400 $ 2,400 $ _ 2,400 $ _2,6_48 $ 2,400 $ 2,400
<br /> 60-64 $ 1,730,000 $ 1,263, $ 1,263 $ 1,263 $ 1,263 $ 1,263 $ 1,453 $ 1,263 $ 1,263
<br /> 65-69 $ 810000 -----_._ -..--- -..... _...
<br /> .____ _ _$ 1,029; $ 1,029 $ 1,029 $ 1,029 $ 1,029 $ 1,183 $ 1,029 $ 1,029
<br /> 70-74 _,.$. - 19,500 $ 44, $ 44 $ 44 $ 44 $ __ _ 44 $ --.__. 51 $ __ _ 44 $ -.._-44
<br /> 75+ $ 25,000 $ 218. 5 218 $ 218 $ _ z1B $ 218 $ 250 $ 218 $ _ 218
<br /> 1,0271 $ _ 1,027 $ 1,027 $ 1,027 $ _ _ _ 1,129 1,711 $ __ 1,164 $ 1,027
<br /> ___
<br /> Total ! $ 1Q982;$ 10,982 $ 10,982 $ 10.982 $ 11,085 $ 13,059 $ 11,1191$ 10,982
<br /> Grandfathered Employee Optional Life-Monthly Cost Estimates
<br /> All Ages $ 5,208,0001$ 1,9791$ 1,9791 $ 1,9791$ 1,979;$ 1,9791$ 2,2921$ 1,9791$ 1,979
<br /> Grandfathered Employee AD&D-Monthly Cost Estimates
<br /> All Ages $ 5,208,0001 $ 2081$ 1561$ 1561$ 208 i$ 208 $ 2601$ 208; $ 208
<br /> Spouse Voluntary Life-Monthly Cost Estimats
<br /> 0001 $
<br /> <zs __.._.
<br /> , - ' o
<br /> $ s525-29
<br /> 4 $ 4
<br /> 30-34 $ 440,000 $ 22 $ 22' $ 22. $ 22 $ --- - 22 $ 26 $ _ 22 $ 22
<br /> ---35-39 _$_ 940,000 $ 75 $ 75 $- ---- 75 $_ _ 75 $ -- 75 $ 85 I, 5 _ 75 $ 75
<br /> 46:447 $ 1,700,000 $ 221 $ 221 5 221 $ 221 $ 221 '$ 255 $ 221 $ 221
<br /> _ 45-49 $ 870,000 $ ---- - 200-5-_ 200 _$ ___ 200 1$ -200 $ _ 200 $ 226 $ _ 200 $ 200
<br /> 50.54 $ 815,000 $__ 310 $ 310 $ 310 $ _ 310 $ 310
<br /> $ 359, $ 310 $ 310
<br /> 55-59 $ -----355,000 $ -- -__- 241 $ 241 $ 241 $ _.._.241 $_ 241 $ 266 $ 241 $. 241
<br /> $ 135,000 $ 99 $ 99 $ 99 $ 99 S 99 $ 113 $ _ 99 $ 99
<br /> 65-69 $ 110,000 $ 140 5 140 $__ _ 140 $ 140 $ 140 $ 161 $ 140 $ 140
<br /> -
<br /> --
<br /> 5,465,000 $ 164 $ _ _ 164 $ 164 $ 164 $ 180 $ _ 109 $ 126 $ _ 164
<br /> Total $ 10,930,000 $ 1,476. $ 1,476 S 1,476 $ 1,476 $ 1,492 $ 1,605 $ 1,437 $ 1,476
<br /> -Spouse Grandfathered Life-Monthly Cost Estimates _
<br /> All Ages $ 1,100,0001$ 418 $ 4181 $ 4181$ 4181 $ 4181$ 484,' Not Quoted $ 418
<br /> Spouse Grandfathered AD&D-Monthly Cost Estimates
<br /> All Ages $ 1,100,000 1 $ 441 $ 331 $ 441 $ 44 $ 441 $ 22 Nat Quoted $ 44
<br /> Retiree Life-Monthly Estimated Costs
<br /> All Ages $ 5,496,5001$ 1,0991$ 5,4421 $ 1,704 $ 2,748 $ 1,616 $ 1,31.91 $ 1,539 $ 1,044
<br /> Childress-Monthly Estimated Costs
<br /> PEPM 246 $ 1481$ 148', 5 148 $ 1431$ 327 j$ 5171 $ 140 $ 14B
<br /> - Lannot vetermme
<br /> Totals Because
<br /> Certain Coverage
<br /> Was Not Quoted,
<br /> However Pricing Not
<br /> Monthly Grand Total $ 31,2591$ 33,185 $ 38,792 $ 30,748 $ 38,025 $. 36,937, Competitive S 30,460
<br /> Monthly Cost
<br /> Difference From
<br /> Current Rates NA $ 2,026 $ 7,633 $ (411) $ 6,866 $ 5,779 $ (699)
<br /> County Basic Life
<br /> Monthly Cost Savings
<br /> Over Current Rates NA $ (2,253)1$ 7,081 1$ J2,060);$ 6,051 $ 2,575 $ 5,150 $ 644
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