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06/18/2019 (2)
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06/18/2019 (2)
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Last modified
12/31/2019 1:23:16 PM
Creation date
10/7/2019 6:02:17 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
06/18/2019
Meeting Body
Board of County Commissioners
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How is the Plan Funded <br />The plan is partially self-funded <br />Primary funding source is employer, employee 8 retiree <br />contributions <br />► Stop loss insurance is purchased for high cost claims over <br />$300,000 (annual premium $587,215) <br />► Because of plan experience - stop loss premiums will <br />increase (initial quote is 20% increase) <br />
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