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HomeMy WebLinkAbout126-04RESOLUTION NO. 126-2004 SETTING MEDICAL PREMIUM COVERAGE FOR 2005 WHEREAS, the Town provides medical benefits, including health and dental programs for eligible Town employees; and WHEREAS, the Town has taken steps to effectively manage medical benefit cost increases by modifying coverage and deductibles offered and instituting a two-tier coverage program; and WHEREAS, the Town has fully budgeted for the cost of this program in the 2004-2005 Financial Plan as approved by the Town Council in June 2004; now, therefore be it RESOLVED, that the maximum medical premium coverage for participating employees in 2005, hired by the Town prior to December 31, 2004, is set at: Single: $368.20, Couple: $732.88 and Family: $972.49; with individual employee coverage to be based Upon the plan selected; and be it further RESOLVED, that the maximum medical premium coverage for participating employees in 2005, hired by the Town after December 31, 2004, is set at: Single $322.47, Couple: 641.41 and Family: $853.59; with individual employee coverage to be based upon the plan selected. APPROVED by the Danville Town Council at a regular meeting on November 16, 2004, by the following vote: AYES: Arnerich, NOES: None ABSTAINED: None ABSENT: None Doyle, Andersen, Shimanskg.r-'S~ep~e~-~ APPROVED AS TO FORM: CITY ATTORNEY ATTEST: