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• <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Macht, the Board unanimously approved the <br />Substance Abuse Council's recommendations and authorized <br />the Chairman to sign the grant applications and other necessary <br />related documents for submittal to the State by the deadline of <br />June 15, 1998, as recommended in the Memorandum. <br />COPIES OF GRANT APPLICATIONS ARE ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br />11.F. GROUP LIFE INSURANCE RENEWAL - COUNTY <br />EMPLOYEES <br />The Board reviewed a Memorandum of June 2, 1998: <br />TO: James E. Chandler <br />County Administrator <br />THRU: Tom Bisaillonyid <br />Acting Personnel Director <br />FROM: Ann Rankin-As�_ <br />Benefits/Payroll Specialist <br />SUBJECT: GROUP LIFE INSURANCE RENEWAL <br />DATE: June 2, 1998 <br />Attached is a chart showing the county's Group Life Claims <br />Experience from the commencement of the plan, October 1994 through <br />March 1998. As illustrated, the county's claims experience have <br />been unfavorable with respect to dependent optional life insurance. <br />Lon Bryan, Account Representative, notified the county that based <br />on our claims experience the county could expect an increase in <br />rates for fiscal year 1998/99. <br />On behalf of the county, Mr. Bryan negotiated (3) options with <br />Trans -General Life Insurance for consideration by the Board of <br />County Commissioners (see attached spreadsheet). <br />Option (1) the increase is applied to the county's basic life <br />insurance; therefore, the county would absorb the rate increase. <br />Option (2) the risk would be transferred to spouse life insurance <br />with a significant rate,increase to the employee. <br />Option (3) limits spouse life to a flat $20,000 benefit for new <br />enrollees, with minimal rate increase to employee optional and <br />spouse optional life insurance. <br />June 9, 1998 <br />81 <br />BOOK JU PAGE 89 <br />