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HomeMy WebLinkAbout73-120,! . WHEREAS, the Board of S~.pervisors is concerned tor the health an.d wel~are of the emp7.oyees of the County of Butte, a.nd, WHEREAS, the Bo~rd of Supervisors provides a comprehensive health, accident, ma,jor medical and lifie insurance program for the County emp~.oyees, and, WHEREAS, ~I~e Board of Supervisors established by Resolution 72-147 an employee health insurance trust ftind using premium dividends from co.ntract year 71-72 fio offset insurance rate increases for employees, County, and contracting agencies, and, WHEREAS, the funds remazni.ng in the trust fund permit expansion into contract year 73-74, and, WHEREAS, it is the a~ntez~tion of the Board of Supervisors ot th.e Cou.nty of Butte to continue premi~tn dividend sharing for the employees, the County and ~he contracting agencies to help offset the affect of the premium rate increase and to increase life insu~ance coverage to County lcey-managemen.t persoxit~el. NOW, THEREFpRE, BE Ix RESOLVED ~h.at ~he Board of Supervisors of the County of Bu.t~ hereby o~rders the Cotui~.y Auditor ~o continue th.e health insurance premi.um trust fund f~om which the Audztor wi3.1 make adjus~tments to the premi~m di,vidend rate of the employee, the County and the contracting agencies which will offset the rate increase req~i~ed by the New York Life Insurance Company for the contract year 72-73 and Caunty key-management life insurance coverage, BE IT FURTHER R~SOLVED that the premium sharing trust fu.nd sha7.J. remain in e~~'ect and affsetting pxemium adjustments made until. the trus~ fund is exhaasted or cantrac~ year 73W74 expires, whichever occurs firsto RESOLUTION EXP~NDING EMPL~YEE HEALTH INSURANC~ ~ --- - -T12UST FUND T BE IT F'[JRTHER RF=SOLVED that New York Life Tnst~rance cantract providing health and life insurance benefi~s ta eligible Butte County employees be modi~ied to expand life insura.nce coverage above that specifi.ed for county workers by a faetor o~ ten (10) for county.elected off icials, and department heads and, a fa~tor of £ive (5) for their immediate assistanfi. empowered to act in full authority' in ~heir absence, PASSED,AND ADOPTED by the Butte Cour~~ty Board of Supervisors this lOth day of Ju~y, 1473, by the following vote: AYES: Supervisors Cameron, Gil.man, ~add, Madigan and Chairman McKi 1.1. op NOES: None ABSENT: None NOT VOTING: None ~ c c i op, airma o t e oard ~ Supervisors ATTEST: CLARK A. l~Ei.SON, County Clerk and ex-officio Clerk ot the Board By~, C'~o~,~e.4. c~-~~,. J)epu.ty ,~ a _ _" ___ , _...... . _ _ _ ~ ,. +