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HEALTH CARE PLAN <br />The Board reviewed a Memorandum of November 30, 1995: <br />................................................................. <br />To: Board of'County Commissioners Date: November 30, 1995 <br />From: Jack Price, Personnel Sub: Health Care Plan <br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br />On February 14, 1995 the Board of County Commissioners approved <br />employee benefits provider contracts for fiscal 1994-95. The <br />contracts for life insurance with Trans -General Insurance Company <br />(formerly GroupAmerica Insurance Company) and for disability <br />insurance with Florida Combined Life Insurance Company were for two <br />years and will not require attention at this time since there are <br />no rate changes. <br />The Minimum Premium Agreement with Anthem Life Insurance Company <br />(Acordia of South Florida, Inc.) for medical coverage, utilization <br />management and preferred provider organization access was proposed <br />for two years with a cost increase cap of 9% for the second year <br />(which is fiscal 1995-96.) Since there is a rate change, the <br />contract is subject to approval by the Board of County <br />Commissioners. <br />It is noteworthy that during the 1994-95 health claims year, the <br />paid claims exceeded the monthly claim limits by $413,316. and <br />without claims recoupment Acordia of South Florida, Inc. must <br />absorb this deficit. The 9% cost increase for 1995-96 may serve as <br />a partial offset of an unrecovered deficit. ° <br />Finally, the Service Standards Agreement with Acordia of South <br />Florida, Inc. for claims processing and insurance services was a <br />one year contract which now needs approval for fiscal 1995-96. <br />RECOMMENDATION <br />The Board of County Commissioners authorize the Chairman to execute <br />the Minimum Premium Agreement and the Service Standards Agreement. <br />ON MOTION by Commissioner Adams, SECONDED by <br />Commissioner Eggert approved Amendment No. 2 to <br />Minimum Premium Agreement with Anthem Life Insurance <br />Company and Service Agreement with Acordia of South <br />Florida, Inc., as recommended by staff. <br />AGREEMENTS ON FILE IN THE OFFICE OF.THE <br />CLERK TO THE BOARD <br />DECEMBER 12, 1995 19 BOOK 96 PACE 760 <br />