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HomeMy WebLinkAbout142-05 RESOLUTION NO. 142-2005 SETTING MEDICAL PREMIUM COVERAGE FOR 2006 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 2005-2006 Financial Plan as approved by the Town Council in June, 2005; now, therefore be it RESOLVED, that the maximum medical premium coverage for participating employees in 2006, hired by the Town prior to December 31,2004, is set at: Single: $418.72, Two- Party: $835.00 and Family: $1,106.25; 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 2006, hired by the Town after December 31, 2004, is set at: Single: $357.67, Two-Party: 711.73 and Family: $946.02; with individual employee coverage to be based upon the plan selected. APPROVED by the Danville Town Council at a regular meeting on November 15,2005, by the following vote: ~~~ED:~~~~e, Stepper, Ander~~~SkY APPROVED AS TO FORM: r:J_ /J ';) -R .. / {1J-tjc:6;j I~ ~} o CITY ATTORNEY .. CITY CLERK