I. RECOMMENDATION:
There is no staff recommendation although the City Manager is concerned regarding coverage losses during this time due to the global COVID-19 pandemic.
This item was requested as a Future Agenda Item by Councilman Adkisson.
II. BACKGROUND:
Currently, two City Council members and the City Treasurer participate in the City's health insurance plan which includes medical, dental and vision insurance. The cost to the City is approximately $30,103 from the City's General Fund.
III. DISCUSSION:
Councilman Adkisson would like the health insurance coverage to no longer be available to the elected officials as of May 1, 2020, meaning coverage would terminate April 30, 2020.
IV. ALTERNATIVES:
Do not terminate Health Insurance Eligibility for Elected Officials effective April 30, 2020.
V. FISCAL IMPACT:
Savings of approximately $5,017 from the City's General Fund for Fiscal Year 2019-2020 and savings of approximately $31,608 from the City's General Fund for Fiscal Year 2020-2021. | | |