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HomeMy WebLinkAboutHealth Benefits Stop Loss ApptDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 - Fax (541) 385-3202 - www.deschutes.org AGENDA REQUEST & STAFF REPORT For Board WORK SESSION of July 28, 2010 Please see directions for completing this document on the next page. DATE: 07/21/2010 FROM: Ronda Connor Personnel 541-385-3215 TITLE OF AGENDA ITEM: Consideration of Board approval of appointing OptumHealth Specialty Benefits as health benefits stop loss carrier. PUBLIC HEARING ON THIS DATE? No BACKGROUND AND POLICY IMPLICATIONS: Deschutes County carries stop loss insurance coverage for the health benefits plan. Every year al. renewal we review quotes from a variety of stop loss carriers. The EBAC is recommending chan ging carriers to OptumHealth and increasing the specific liability while decreasing the aggregating spf cific liability. FISCAL IMPLICATIONS: A net decrease in premiums from current year to upcoming year of approximately $54,000. Total annual premiums for stop loss coverage with this carrier are expected to be approximately $320, )00 based on current enrollment. RECOMMENDATION & ACTION REQUESTED: Board approval and authorization of County Administrator signature of OptumHealth's Disclosi, tre Statement and contract. ATTENDANCE: Ronda Connor DISTRIBUTION OF DOCUMENTS: Original to Ronda Connor please.