Agenda Item Name:
Title
Approval of Self-Insured Review Committee Recommendations.
FY23 Health Insurance Premiums
Self-Insured Review Committee 507 Fund Reserve Management Procedure
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Presenter:
John Carnell - 352-264-6967
Description:
Approve recommendations from Self-Insured Committee
• Increase insurance premiums as listed on “22-23 rates” for both the employee and the employer
• Recommend approval of the 507 Reserve Management Procedure presented by Risk Management
Recommended Action:
Recommended Action
Approve both recommendations
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Prior Board Motions:
Board has approved recommendations from the Self-insurance Review Committee
Fiscal Consideration:
Fiscal Consideration
This will affect the amount of revenue generated for employee portion of the overall premiums and the employer portion of the overall premium. The FY23 budget will include adequate funds for the employer’s contributions.
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Strategic Guide:
Strategic Guide
To provide responsible stewardship of county resources
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Background:
The Self-insured review Committee meets twice a year to make recommendations on management of the 507-heath care fund.