HomeMy WebLinkAboutMO #2396MUNICIPAL ORDER NO. 2396
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 2021 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 -Parry Administrator
to provide claims administrative services related to the City's health insurance plan. The
effective date of this Agreement is January 1, 2021 and ending December 31, 2021.
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, 2021. The stop
loss rates are as follows:
1) Individual Stop Loss - $175,000 maximum City liability per person
with a monthly rate of $92.72 per member; and
2) Aggregate Stop Loss - $2,437,679 maximum City liability of total
claims combined with a monthly rate of $6.87 per member.
Anthem assumes liability for all claims in excess of the aggregate
total up to $1,000,000.
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 Order shall be in full force and effect from and after
the date of its adoption.
�Z=4k�� —
Brandi Harless, Mayor
ATTEST:
mdsay Parish, Cite
it lerk
Adopted by the Board of Commissioners, October 13, 2020
Recorded by Lindsay Parish, City Clerk, October 13, 2020
\mo\health ins -stop loss coverage & administrative services 2021