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5. Employee Premium Adiustment – As discussed previously, the County has not made plan <br />changes or increased employee premiums for many years due to a lack of employee raises and <br />Obamacare considerations. The last time the employee premium was increased was fiscal year <br />2007/08, when the employee premium for family was raised by $15 per month to the current rate <br />of $217.50. The Healthcare Plan costs have increased significantly since that time, and the <br />County has essentially absorbed the entire cost increase. The following table shows the current <br />premium split for Indian River County for fiscal year 2015/16. <br />Fiscal Year 2015/16 <br />Employer & Employee Premiums <br />Single $0 <br />$505 <br />0.0% <br />100.0% <br />Family $217.50 <br />$745 <br />22.6% <br />77.40% <br />As a point of comparison, the employee premiums for surrounding local governments for Employee Only <br />and Family coverage are shown in the next two charts: <br />Employee Monthly Premium - Single Coverage <br />$140 -$-ng — <br />$120 <br />$100 <br />$80 <br />$60 <br />$40 <br />$20 <br />$0 <br />NN <br />\a� o� a5� lea lea cce a \�a <br />\'Y <br />!6 NA -9, Lof <br />l° <br />a� o� �Je �Je o,� Q�`,e �° �° �° Jho J\�o <br />a`a� a`° ado ado `'� `�� o Sao `A°°\ r°°\ r°°\ <br />.Aat <br />As illustrated in the Single Coverage table above, most local governments in the area charge an <br />employee premium for Single Coverage. Some governments have no charge for a lower level plan, but if <br />the employee chooses a richer plan similar to the Indian River County plan, then an employee premium <br />is charged. <br />240 <br />