HomeMy WebLinkAboutMO # 2167MUNICIPAL ORDER NO. 2167
A MUNICIPAL ORDER ACCEPTING THE RATES FOR STOP LOSS
INSURANCE COVERAGE AND AUTHORIZING AN AGREEMENT FOR
ADMINISTRATIVE SERVICES WITH ANTHEM BLUE CROSS BLUE SHIELD FOR
THE GROUP HEALTH INSURANCE PLAN FOR THE CITY OF PADUCAH,
KENTUCKY FOR THE 2019 CALENDAR YEAR AND AUTHORIZING THE
MAYOR TO EXECUTE ALL DOCUMENTS RELATING TO SAME
BE IT ORDERED BY THE BOARD OF COMMISSIONERS OF THE
CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah authorizes and approves an
agreement with Anthem Blue Cross Blue Shield as the City's Third Party Administrator
to provide claims administrative services related to the City's health insurance plan. The
effective date of this Agreement is January 1, 2019 and ending December 31, 2019.
SECTION 2. 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, 2019. The stop
loss rates are as follows:
1) Individual Stop Loss - $175,000 maximum City liability per person
with a monthly rate of $91.43 per member; and
2) Aggregate Stop Loss - $3,041,292.48 maximum City liability of
total claims combined with a monthly rate of $6.67 per member.
SECTION 3. The Mayor is hereby authorized to execute all documents
relating to administrative services and stop loss insurance coverage as authorized in
Sections 1 & 2 above.
SECTION 4. This expenditure will be charged to the Health Insurance
Administrative Fund, account number 73000208-520010.
SECTION 5. This Order shall be in full force and effect from and after the
date of its adoption.
Brandi Harless, Mayor
ATTEST:
Lmdsay Parish, Ci4 Clerk
Adopted by the Board of Commissioners, October 9, 2018
Recorded by Lindsay Parish, City Clerk, October 9, 2018
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