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Agenda Item
8. #R8271 Temp. Reso. #R8271 approving the second renewal agreement with Aetna Life Insurance Company for the provision of self-funded health insurance programs for City employees, dependents and retirees; establishing actuarial equivalent rates for insurance premiums for Calendar Year 2025 to include 100% of expected claims in an amount of $15,750,000; administration and stop loss fees in an amount $1,500,000; adding a contingency in an amount not to exceed 7%, or $1,208,000, of the anticipated annual expenses; totaling a not to exceed amount of $18,458,000. (Human Resources Director Randy Cross)