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best option. This option results in a lower County paid insurance subsidy than paid in the <br />2014/2015 plan year and is an increase of 14.3% above the 2015/2016 plan year premium. <br />RECOMMENDATION: <br />Staff recommends that the Board approve renewal Alternative 1 for the plan year effective October <br />1, 2016 through September 30, 2017 and authorize the Chair to execute the renewal agreement. <br />ATTACHMENTS: <br />• Indian River County Retiree Medicare Advantage Renewal Evaluation effective October <br />1, 2016 <br />• Medicare Advantage Renewal Agreement effective October 1, 2016 through September <br />30, 2017 <br />APPROVED AGENDA ITEM <br />BY: <br />Jason Bj6wr4 County Administrator <br />FOR: <br />Approval Date <br />Admin. 9, I► 1G <br />Legal <br />Budget 1� i <br />Dept. <br />Risk M mt. <br />155 <br />