HomeMy WebLinkAbout72-147WHEREAS, the Board of Supervisors is concerned for the
hea~.th and welfare of the employees of the County of Butte, and,
WHEREAS, the Board of Supervi.sors provides a compxehensive
health, accident, major medical and ].ife insu~ance program for tl~e
County employees, and,
WHEREAS, the present carrier, New York Life Insurance
Company, has announced a 12% rate increase in health insurance
premiums effective October 1, 1972, and,
WHEREAS, the New York Life Insurance Company has returned
to the County of Butte a premium dividend in the amount of $63,851
for the contract year 7I~72, and,
WHEREAS, it is the intention ot the Board ot Supervisors
of the County of Butte to provide premium dividend sharing for
the employees, the County and the contracting agencies to help
offset the affect of the premium rate increase.
NQW, TI-TEREFORE, B~ IT RESOLVED that the Board of Supervisors
of ~he County of Sutte h ereby orders the County Auditor to estabiish
a health insurance premium trust fund from which the Auditox will
make adjustments to the premium dividend rate of the employee, ~he
County and ehe contracting agencies which wi11 offset the rate increase
requzred by the New Xork ~ife Insv.rance Company for the contract
year 72-~73.
BE IT FURTE~II2 RESOLVED that the premium sharing trust fund
shall remain in effect and offsetting premium adjustments made until
the trust fund a~s exhausted or the contract year expires, whichever
occurs firsto
RESOLUTION ESTABLISHING EMPLOYEE HEAL~H
INSURANCE TRUST FUND
PASSED AND ADOPTED by the Butte County Boar d of
Supervisors this 2Rth day of August , 1972 by ~he
following vote:
AYES: Supervisors Douthit, Ladd, Madigan, Maxon and Chairman Gilman,
NOES : None
ABSENT: None
i~TOT VOTING: None
ATTEST:
CLARK A. NEI.SON, County Clerk and
ex-officio C1er~C of the Boaxd
BY ~,~ ~ ~~%L.~G,ti~
APPROVED AS 70 FORM
E3ui~te Couoty Counsel
Daniel V. Blackstock
By .?~'6<<:::.~~!..!~..':.!~ ~~~.,_ .
.6.pproved as to ~isca~
and Eudgetary Control
Au~'~ r's ~~nE
By ,.-~° ~ N
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