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Personnel and Finance Committee August 22,2000 Page 7 INTERNAL SERVICE FUND-SELF-FUNDED EMPLOYEE BENEFITS (FUND #711) 2000 Expenditure Projection: $6,207,947 2001 Expenditure Projection: $6,618,768 $367,080 reflecting a 5.9%increase 2000 Revenue Projection: $6,191,702 2001 Revenue Projection: $6,618,903 $367,129 reflecting a 5.9%increase The City Controller noted that the steerage rate is 83%which reflects a 9%in one year. Citizen Member Gonzalez inquired about employees who live outside of the city limits and out be out-of-network, as well as employees who have children who are students at colleges outside of the area. Ms. Roemer stated that life threatening situations would be treated as in network, The mile radius requirement is 50 miles. In response to a question from Dr. Varner it was noted that the stop loss was $75,000 and now is$ 100,000. One (1) employee had$400,000 of expenses and within 1 1/2 years will reach the life-time maximum. In response to a question from Council Member Ujdak, it was noted that the City is in the 2nd year of a five year agreement with St. Joseph Medical Center. He then inquired into a dual network option. Ms. Roemer noted that that option was reviewed but that the savings were over $250,000 by going to the current program. Susan Wallace noted that the City is in the 1st year of a dental and vision program and that she would provide copies of the contracts with Gibson. Council Member Aranowski suggested that the Gibson representatives be scheduled for the September 6th Committee meeting. Dr. Varner requested a copy of the tentative agreement with the NFF. There being no further business to come before the Committee, Council Member Aranowski adjourned the meeting at 5:35 p.m. Respectfully submitted, Council Member James Aranowski, Chairperson Personnel and Finance Committee KCF:kmf Attachments