Action 15.
Regular Board of Supervisors Meeting
Human Resources
- Meeting Date:
- 03/14/2017
- Title:
- 2017-2018 Cochise County Benefits
- Submitted By:
- Kelley Jones, Human Resources
- Department:
- Human Resources
Presentation:
PowerPoint
Recommendation:
Approve
Document Signatures:
BOS Signature NOT Required
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
0
NAME
of PRESENTER:
of PRESENTER:
Ed Gilligan
TITLE
of PRESENTER:
of PRESENTER:
County Administrator
Mandated Function?:
Not Mandated
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Docket Number (If applicable):
Information
Agenda Item Text:
Approve the funding for the proposed schedule of benefits and rates adopted by the Cochise Combined Trust for fiscal year 2017-2018.
Background:
Cochise County has been a participating entity in the Cochise Combined Trust (CCT) with Cochise College since July 1, 2002. The Cochise Combined Trust is currently administered through Erin Collins & Associates.
On January 26, 2017 at their annual retreat, Cochise Combined Trust (CCT) board members voted unanimously to approve and adopt the FY 2017-2018 CCT annual schedule of benefits and rates.
Based on initial estimates from Trust administrators, Cochise County was facing a projected annual increase of more than $888,000 in FY 17/18 to maintain the existing benefit structure. After thorough plan design review, we are now able to offer expanded plan options at a much lower cost than the initial projection. The overall health insurance cost to the County for FY 17/18 will be approximately $653,000.
As a result of past years’ performance of the Trust, there is approximately $5.1 million in reserves.
More information regarding FY 2017-18 benefit changes are listed in the attachment.
Department's Next Steps (if approved):
The County's open enrollment process will commence April 1, 2017 through April 30, 2017. Employees will be notified of FY 17/18 plan changes and options. Changes will be effective July 1, 2017.
Impact of NOT Approving/Alternatives:
The County will not have budgetary approval to fund the fiscal year 17/18 schedule of benefits.
To BOS Staff: Document Disposition/Follow-Up:
None
Fiscal Impact
- Fiscal Year:
- FY 17/18
- One-time Fixed Costs? ($$$):
- Ongoing Costs? ($$$):
- County Match Required? ($$$):
- A-87 Overhead Amt? (Co. Cost Allocation $$$):
- Source of Funding?:
Fiscal Impact & Funding Sources (if known):
Estimated cost for FY 2017-18 is $653,000.