HomeMy WebLinkAboutMO # 1999MUNICIPAL ORDER NO. 1999
A MUNICIPAL ORDER ACCEPTING THE RATES FOR STOP LOSS
INSURANCE COVERAGE WITH ANTHEM BLUE CROSS BLUE SHIELD FOR THE
GROUP HEALTH INSURANCE PLAN FOR THE CITY OF PADUCAH, KENTUCKY
FOR THE 2018 CALENDAR YEAR AND AUTHORIZING THE MAYOR TO
EXECUTE A CONTRACT FOR SAME
BE IT ORDERED BY THE BOARD OF COMMISSIONERS OF THE
CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah accepts the rates offered through
Anthem Blue Cross Blue Shield for Stop Loss Insurance Coverage for the group health
insurance plan for the City of Paducah, Kentucky. Effective January 1, 2018 the stop loss
rates are as follows:
1) Individual Stop Loss - $175,000 maximum City liability per person
with a monthly rate of $86.52 per member; and
2) Aggregate Stop Loss - $2,958,915.96 maximum City liability of
total claims combined with a monthly rate of $6.67 per member.
SECTION 2. The Mayor is hereby authorized to execute a contract with
Anthem Blue Cross Blue Shield for coverage authorized in Section 1 above.
SECTION 3. This expenditure will be charged to the Health Insurance
Administrative Fund, account number 73000208-520010.
SECTION 4. This Order shall be in full force and effect from and after the date
of its adoption.
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ATTEST:
Tammara S. Sanderson, City Clerk
Adopted by the Board of Commissioners, August 22, 2017
Recorded by Tammara S. Sanderson, City Clerk, August 22, 2017
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