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will align with the elimination period of the existing MOO Voluntary LTD plans of either a 90 day waiting period or 180 day waiting period. Under this proposal, both the STD and LTD benefits would be with the same carrier and would streamline administrative processes. Option 3: Renew & Add Voluntary STD & Add Worksite Benefits This option includes the bundled discount in Option #2, as well as an additional discount to the Basic Life rate to implement voluntary Critical Illness and Accident coverage through MOO for all entities, except the Sheriff's department who maintains separate voluntary benefits. The value of this additional discount is another $10k in savings, for an overall reduction of $30k from the estimated Basic Life renewal impact. The Retiree Life rate would remain $.75 per $1K of coverage. The Critical Illness and Accident policies are voluntary and offered on a guaranteed issue basis (if 5% minimum participation is reached). The Critical Illness plan pays a flat dollar amount upon diagnosis of a critical illness, including cancer. The Accident plan pays a flat dollar amount for injuries and expenses related to an accident. The Accident benefits include emergency transportation, hospital admission, confinement, rehab and accidental death. Lockton recommends Option #3 and staff supports this recommendation. The addition of STD and the Critical Illness and Accident worksite benefit policies will result in the best savings on the employer -paid benefits and maintain the Retiree Life premium. This renewal option includes an increase in voluntary life and LTD rates which is consistent with all three options. The County would offer the group worksite benefits to all full-time benefit eligible employees during the open enrollment period and the policies would be guaranteed issue. AFLAC Staff is recommending that we offer group worksite benefits through Mutual of Omaha in place of AFLAC individual policies. Current employees with AFLAC benefits will be able to continue those benefits or transition to the MOO group worksite benefits and payroll deductions for AFLAC individual policies would no longer be offered to new hires. Supporting Employee Wellness The County continues to support wellness and provides a $25 gift card wellness incentive for employees who complete their annual wellness exam and redeem points on the Florida Blue Cafe Well website. Although the annual benefits fair has not been held due to COVID, we continue to have on site 3D mammography every quarter. The RFP process for an Employer sponsored Health Clinic is underway and staff will be bringing additional information to the Board when the RFP review process is completed. As part of the implementation of an onsite/near site Employee Health Clinic, we will be working with our broker and our clinic provider to evaluate and make recommendations for ongoing wellness activities and meaningful incentives. BUDGETARY IMPACT The County publishes the health fund performance each quarter with the distribution of the County Connection newsletter. The May 2022 newsletter reflected the fund balance as of March 31, 2022 was $17,525,289. Most recent plan performance indicates that claims experience for