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HomeMy WebLinkAbout2000-2681-H79 A IL (7197) Appitcafion for Excess Loss Insurance f/ LIFE INSURANCE COMPANY Home office: St. Louis Park, MN Executive office: 7300 Corporate Center Drive Miami, Florida 33126-1223 A Stock Company L] • C-1 John Alden Life Insurance Company Home office: Sl. I-ouis Park, MN 1 Executive ofOce: 7300 Corporate Center Drive, Miami, FL 33126.1223 A Stock Company APPLICATION FOR EXCESS LOSS INSURANCE 1. NAME OF APPLICANT: INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS ADDRESS: 1840 25th Street (STREET) Vero Beach Florida 32960 (CITY) (STATE) (ZIP CODE) 2. NAMES AND ADDRESSES OF SUBSIDIARIES TO BE COVERED: NO. OF Board of NAME CITY, STATE, ZIP CODE EMPLOYEES County Commissioners Sheriff's Department Prnnerty AnraiR ra Clerk of the Courts Tax Cnllentnr Supervisor of Elections 3. TOTAL EMPLOYEES AT ALL LOCATIONS: Est. 1280 F1., Est. 70 Retirees, Multiple States 4. NAME OF THIRD PARTY ADMINISTRATOR: BLUE CROSS & BLUE SHIELD ADDRESS: 8400 N.W. 33rd Street (STREET) Miami Florida 33122 (CITY) (STATE) (ZIP CODE) 5. PROPOSED EFFECTIVE DATE: October 1, 2000 6. SPECIFIC EXCESS LOSS INSURANCE: a. Benefits Covered: $1,000,000.00 b. Benefit Period: Eligible Expenses Incurred from 10/1/2000 through 9/30/2001 ;and Eligible Expenses Paid from 10/1/2000 through 12/31/2001 c. Specific Deductible (per Covered Person): $ 100, 000.00 d. JALIC's percentage payable (Excess of the Specific Deductible): 100 e. Maximum Specific Benefit payable by JALIC (per lifetime per Covered Person, while the Policy is in force): $ 900, 000.00 t. Monthly Premium Rate: Single Rate: $ Family Rate: $ Composite Rate: $ 23.27 J -1178-A (FL) 3197 7. AGGREGATE EXCESS LOSS INSURANCE: a. Benefits Covered: 91 Medical O Dental ❑ Vision JP Prescription Drugs ❑ Weekly Disability Income ❑ Other b. Benefit Period: Eligible Expenses Incurred from 10/1/2000 through 9/30/2001 ;and Eligible Expenses Paid from 10/1/2000 through 12/31/2001 c. Aggregate Monthly Factor(s): Covered Units Medical Dental Rx Drugs (Other) Single Family Composite $428.06 NA _ Included d. JALIC's percentage payable (Excess of the Aggregate Deductible): 100 e. Maximum Aggregate Benefit payable by JALIC: $ 11000,000.00 f. Aggregate Monthly Premium Rate (per Employee per month): $ 1.78 g. Payment Mode: Monthly 8. OTHER BENEFITS: a. Monthly Cumulative Accommodation Yes O No a Premium: $ b. Medical Conversion' Yes O No O: Premium Per Employee Per Month: $ c. Terminal Liability Yes ❑ No a Initial Premium: $ Election Premium: $ _ d. ❑ Other *not available in all states. 9. A DEPOSIT of $ Self Accounting — Renewal is enclosed to apply to the first payment under the policy, if issued. Any person who knowingly and with intent to injure, defraud, or deceive any insurer, files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree. DATEDAT Indian River County the 12th day of Septembiilr , 02000 1 represent that each of 4hr a4oye statements and answers are correct and true to the best of my knowledge and belief. APPLICANT: Indian River',Gounty BY:L�-t1� Fran' B., Adams TITLE: Chaitman AGENT'S NAW(PRINT)t:•Boyd Max Branham AGENT'S SIGNATURE: Fl, LICENSE NO.: 5 TIx I Please return the completed and signed application to: Alden Risk Management Services Self -Funded Markets P.O. Box 025472 Miami, Florida 33102-5472 RESOLUTION NO. 2000- 101 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS PREMIUM CONVERSION PLAN. WHEREAS, the Board of County Commissioners ("Employer") has previously adopted the Indian River County Board of County Commissioners Premium Conversion Plan (the "Plan"); and WHEREAS, pursuant to Section 8.01 of the Plan, the Employer is authorized and empowered to amend the Plan; and I WHEREAS, the Employer deems it advisable to amend the Plan. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that Exhibit (A) — Group Plans of the Premium Conversion Plan is hereby amended as follows: Exhibit (A) Delete "2. Indian River County, Florida Group Employee Optional Life Insurance Plan." Delete "3. Indian River County, Florida Group Employee Optional Long -Term Disability." This Fourth Amendment to the Indian River County board of County Commissioners Premium Conversion Plan is made and entered into by the Indian River County Board of County Commissioners ("the Employer") this 12th day of September , 2000, and is effective for all purposes as of October 1, 2000. 9/00RES0 (LEGAQWGC/nhm 1 40 RESOLUTION NO. 2000- 101 IN WITNESS WHEREOF, this Fourth Amendment has been executed and is effective as of the date set forth above. The resolution was moved for adoption by Commissioner Macht , and the motion was seconded by Commissioner _Ginn_, and, upon being put to a vote, the vote was as follows: Chairman Fran B. Adams Aye Vice Chairman Caroline D. Ginn Aye Commissioner Kenneth R. Macht _Aye Commissioner John W. Tippin Aye Commissioner Ruth M. Stanbridge y The Chairman thereupon declared the resolution duly passed and adopted this 12th day of September 2000. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By Fran B. Adams, Chairman ATTEST: Jeffrey K. Barton, Clerk 1% ]'/X A6� Deputy Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY" c -D . I . I PAUL G. ANGEL COUNTY ATTORNEY 9/OORESO (LEGAL)WGC/nhm 2