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Agenda Item
9. #R7285 Temp. Reso. #R7285 approving the negotiated three (3) year agreement with two (2), one (1) year renewal options, with Aetna, Inc. for the provision of self-funded health insurance programs for City employees, dependents and retirees; establishing premium equivalent rates for insurance premiums for Calendar Year 2021 to include 100% of expected claims in an amount of $14,249,975; a contingency amount of 5% of claims in an amount of $712,499; administration and stop loss fees in an amount $1,231,016; totaling a not-to-exceed amount of $16,193,490. (Human Resources Director Randy Cross)