Action 12.
Regular Board of Supervisors Meeting
Human Resources
- Meeting Date:
- 03/14/2023
- Title:
- Health Benefits Rates and Changes for Plan Year 2023 - 2024
- Submitted By:
- Jennifer Graeme, Human Resources
- Department:
- Human Resources
Presentation:
Recommendation:
Document Signatures:
# of ORIGINALS
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Mandated Function?:
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or Basis for Support?:
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Information
Agenda Item Text:
Approve the Cochise Combined Trust premium rate structure for medical, dental and vision benefits for fiscal year 2023-2024.
Background:
In February, Cochise Combined Trust, which includes Cochise County, Cochise College, and Central Arizona College, voted unanimously to approve a benefit and rate structure plan for fiscal year 2023-2024. Through the Trust, Cochise County will offer three medical/prescription plans to its employees: EPO (Exclusive Provider Organization), Buy-Up EPO, and a HDHP (High Deductible Health Plan). The county offers a dental and vision plan to its employees. Dental rates will be increased next fiscal year and vision rates remain the same.
For fiscal year 2023-2024, premium rate increases will take place and vary by plan.
For fiscal year 2023-2024, premium rate increases will take place and vary by plan.
Department's Next Steps (if approved):
If approved, open enrollment will begin on April 1, 2023, and end on April 30, 2023 for an effective date of July 1, 2023. Informational presentations will take place on March 29, 2023. Employees will make any desired changes to their benefits in ADP.
Impact of NOT Approving/Alternatives:
Open enrollment will be delayed and potential loss of coverage to employees.
To BOS Staff: Document Disposition/Follow-Up:
Inform Human Resources of the Board's final vote on the agenda item.
Fiscal Impact
- Fiscal Year:
- 23/24
Fiscal Impact & Funding Sources (if known):
$8,228,734