Loading...
Res 40-75 RESOLUTION NO. 40-75. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, INCREASING BASIC BENEFITS, INSURANCE COVERAGE AND ADDING MAJOR MEDICAL TO CITY EMPLOYEES HEALTH INSURANCE COVERAGE. WHEREAS, the City Administration appointed a committee to study the City's health insurance plan for City employees and make recommenda- tions in regard thereto; and, WHEREAS, said committee has recommended that basic benefits coverage be increased and that Major Medical be added to the City employ- ees health insurance program; and, WHEREAS, the committee has reviewed proposals from several insurance companies regarding the providin~ of said benefits: and~ WHEREAS, it is the determination of the committee that it is in the best interests of the City that Occidental Life Insurance Company of California, a member of Transamerican Corporation, should be the company through which the City should provide tkese benefits; and, WHEREAS, the City Administration is in agreement with the recommenda- tions of the committee; and, WHEREAS, the City Council concurs in the recommendations, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That the recommendation of the committee on basic benefits and Major Medical be added to the City's health insurance program for City employees at a total cost to the City of $78,880.00 per year; the amount for basic benefits per year will be $67,265.00 and the amount for Major Medical per year will be $11,615.00. Section 2. That it was the considered opinion of the Committee appointed by the City Administration that the program submitted by Occidental Life Insurance Company of California, a member of Transamerican Corporation, was the best and most advantageous proposal received and that they be the company through which the City of Delray Beach will provide the increased basic benefits and Major Medical coverage, which recommenda- tion is hereby approved. PASSED AND ADOPTED in regular session on this the llth day of August, 1975. ATTEST: · City Clerk