The City’s present group health care benefit provider, United Health Care, was asked to provide a renewal quote in respect to the continuation of services for the upcoming program year. In that regard, the quote was received at an increase in the amount of 14% over the cost of last year’s program.
Since the quote was considerably higher than expected, it was determined that additional quotes would be obtained from alternate carriers. In that respect, the most favorable quote was obtained from CIGNA who is a well-respected area insurance provider. The cost associated with the CIGNA health insurance program is $1,267,075.82 which is a decrease in an amount of $131,627.50 in comparison to the premiums paid for last year’s program. In addition to a savings in premium payments, CIGNA has indicated that they will donate $10,000 to the city’s Wellness Program for use in assisting employees in developing or maintaining healthy behaviors.
The health care platform provided by CIGNA (i.e. - coverage, copays and coinsurance) is identical to the current plan provided to the full-time employees of the city.