12-09-02 Personnel & Finance - Laserfiche WebLink

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Personnel and Finance Committee December 9, 2002 Page 2 fund or would use the fund's cash balance to cover the deficit. Kevin Webber of Gibson and Susan Wallace of the Controller's Office then provided a 14-page handout (copies attached) which provided detailed information on the insurance claims and the employees which participate. Mr. Webber described the trends based on the information set forth in the data provided in the handouts. He noted that the average age of a city employee covered by insurance in 2001 was 45 years of age and in 2002 it was 44 years of age. He noted that the conditions are not the same this year as in 2001 for the increased claims. Council Member Coleman noted that the city cannot expect the same discounts which the city is currently experiencing. He noted that the information "is pretty bad news" and inquired what can be done. Council Member Aranowski suggested that a separate Personnel and Finance Committee meeting be held in early 2003 to discuss this issue further. The City Controller noted that the City is looking at all possibilities and would look forward to discussing this with the Council in January. Council Member Pfeifer suggested on that the job sites when discussing insurance benefits, costs, etc. Mr. 011ett noted that workers comp has been discussed at the job sites. Susan Wallace noted that the lifetime maximum has changed. Following further discussion, Council Member King made a motion, seconded by Dr. Varner that Substitute Bill Nos. 98-02 and 99-02 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee, Council Member Aranowski adjourned the meeting at 4:53 p.m. Respectfully submitted, Council Member James Aranowski, Chairperson Personnel and Finance Committee KCF:kmf Attachment