92-125
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RESOLUTION NO. 125 -92
ESTABLISHING A RATE OF THE CITY'S CONTRIBUTION TOWARD
THE MONTHLY INSURANCE PREMIUM FOR CITY EMPLOYEES
WHEREAS, the cost of health and other insurances for City
employees has been increasing significantly over the past years;
and
premiums
increasing
are
"If the employee so desires, the City will pay the
monthly premium for regular and probationary full-time
employees and their dependants for up to a maximum of
$290 of insurance at the level of benefits currently
provided..."
BE IT FURTHER RESOLVED, that this resolution shall take effect
January 1, 1993.
ADOPTED BY THE CITY COUNCIL, of the City of Shorewood this
14th day of December, 1992.
ATTEST:
Administrator
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MAYOR
Barb Brancel
COUNCIL
Kristi Stover
Bob Gagne
Rob Daugherty
Daniel Lewis
CITY OF
SHOREWOOD
5755 COUNTRY CLUB ROAD . SHOREWOOD, MINNESOTA 55331 . (612) 474-3236
MEMO
TO:
MAYOR AND COUNCILMEMBERS
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FRQM:
JAMES HURM AND AL ROLEK
DATE:
DECEMBER 8, 1992
RE:
AGENDA ITEM 7 , . CITY CONTRIBUTION TOWARD MONTHLY INSURANCE
PREMIUM FOR C!TY EMPLOYEES
At the November 30 meeting, the City Council asked the ~taff to
,review medical insurance costs for the, City staff, ,survey other
options for this coverage~ and review the amount that other cities
contribute toward those costs.
In the co~rse of our review, we found that the insurance rates
obtained by the City through the LOGIS group were comp~rable to
those of other cities participating in other insu.rance '" groups.
And, as was mentioned at the last Council meeting,LOGIS reviews
insurance options and coverages, and premiu~s on an annual basis.
We feel that, at this time, it would not be to the City's advantage
to leave the LOGIS group. We find no real benefit to the 9ity or
it's employees to join with another insurance group. Forming our
own group may prove detrimental due to the small group size and the
experience rating qf our employee group.
We have reviewed the insurance contr~butions of other cities in the
Metro area and, especially, ,the LakEi area for the year 199/2. These
contributions /range from $174.15 to $463.92 per month. ,The average
cont.ribution for cities of under 10,/000 population is $295 per
month in the Metro area. The average for Lake communities is $303.
To co~clude, we feel that the medical in~urance obtained through
the. LOGIS insurance group is. comparable to that' of ,other groups in
terms of cost.and coverage and, therefore, recommend continuing
coverage through LOGIS. We also recommend ,the adjustment in, the
City insurance contribution. for City employees for 1993 to $290 per
mOJ:1th. This .would beconsistent with the 1993 contribution for the
union contr~ct employees, and would be close to the Metro average/'
city cont:r-ibution for 19.92.
A Residential Comml,mity on Lake Minnetonk<!'s South Shore