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Resolution 339-2017OPTION B RESOLUTION NO. 339 -2017 A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS REVISING THE PROCEDURE FOR DISTRIBUTION OF $250 SUBSIDY TO MEDICARE - ELIGIBLE "RULE OF 70" RETIREES TO OFFSET THE COST OF MONROE COUNTY HEALTH INSURANCE OR TO USE FOR PAYMENT OF MEDICARE SUPPLEMENTS; REPEALING RESOLUTION NO. 190 -2017; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on July 25, 2017, the Monroe County Board of County Commissioners (BOCC) in its capacity as Plan Administrator of the Monroe County Group Health Plan adopted numerous changes to contribution rates of active employees, dependent and retirees under the Monroe County Group Health Plan, one of which was approval of Option 4A, a $250 /month subsidy to Medicare eligible "Rule of 70" retirees ( "Medicare Eligible Retirees "); and WHEREAS, the intent of Option 4A was to provide a monthly supplement for Medicare Eligible Retirees, that could be used either as an offset against the cost of County - provided health insurance (in the case of the members who remain on the County health plan) or to be used for payment of Medicare supplemental insurance or for any other purpose designated by the Medicare Eligible Retiree (in the case of Medicare Eligible Retirees who are not members on the County health plan); and WHEREAS, on September 5, 2017, the BOCC approved Resolution 190 -2017, setting forth the process and procedure for disbursement of the $250 subsidy to the Medicare Eligible Retirees; and WHEREAS, the BOCC directed staff to make the $250 subsidy tax - exempt to the maximum extent possible; and WHEREAS, the BOCC now wishes to revise Resolution 190 -2017 in order to clarify the process and procedure for disbursement of the $250 subsidy. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, Section 1 . Beginning January 1, 2018, Medicare Eligible Retirees will be given a supplement, in the maximum amount of $250 per month, which can be used one of two ways as follows: (a) For those Medicare Eligible Retirees who are members on the Monroe County Health Plan, the $250 monthly supplement will be used to offset the monthly actuarial cost the County will charge Medicare — eligible Rule of 70 Retirees beginning January 1, 2018. (b) For those Medicare Eligible Retirees who are not members of the Monroe County Health Plan, the supplement will be paid by the County directly to the Medicare Eligible Retiree, in the form of a check disbursed each month in the amount of $250. As to this group, the payment constitutes a taxable fringe benefit. To be eligible for payment, these Medicare Eligible Retirees must provide the necessary documentation to the County in advance of the first payment. Necessary documentation will be provided to each eligible Retiree during the enrollment process. Section 2 . The following Medicare Eligible Retirees are entitled to the $250 Subsidy: OPTION B (a) Rule of 70 Retirees who are currently Medicare - eligible, and who are members of the Monroe County Group Health Plan on 1/1/2018; and (b) Persons who are currently actively employed by Monroe County BOCC or a participating employer in the Monroe County Health Plan, who meet the Rule of 70 criteria, who are members of the Monroe County Group Health Plan on 1/1/2018, and who retire on or after 1/1/2018. Section 3. Rule of 70 Retirees who are not yet eligible for Medicare shall qualify to receive the $250 Subsidy once they become Medicare - eligible. The obligation is on the Medicare - eligible Rule of 70 Retiree to notify the Benefits office once they become Medicare - eligible. Section 4 . Beginning with the 2018 Plan Year, on a monthly basis, the Monroe County Benefits office shall issue a list of Medicare Eligible Retirees to Finance, indicating (a) which Retirees are on the Plan, in which case they are entitled to use the supplement as an offset in accordance with Section 1(a), above; and (b) which Retirees are not on the Plan, in which case the Medicare Eligible Retirees shall receive the $250 payment as indicated in Section 1(b). Section 5 . Resolution 190 -2017 is hereby repealed and replaced in its entirety. This Resolution shall become effective immediately upon adoption by the BOCC. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida at a regular meeting held on the 14` day of November 2017. Mayor David Rice Yes < ZZ Mayor Pro Tern Sylvia J. Murphy Yes W r CD M Commissioner Danny L. Kolhage Yes 71 c Commissioner George Neugent Yes Commissioner Heather Carruthers Yeses z. rn BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY Mayor David Rice KEV� CPA, C ERK By: Deputy Clerk MONROE COUNTY ATTORNEY APP i 0 ED S TO F R C.' THIA L. ALL ASSISTA COUNTY ATTORNEY ®ate_ 2