Item E13BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: November 16, 2005 Division: Employee Services
Bulk Item: Yes X No
Department: Group Insurance
AGENDA ITEM WORDING: Approval to continue dental and vision coverage through
American General, with staff to complete any forms necessary to do so.
ITEM BACKGROUND: BOCC approved the administrations recommendation on April 17,
2003 to make dental and vision benefits available to employees through a third party at a savings
of $920,000.00 to the Group Insurance Pro 2ram.
PREVIOUS RELEVANT BOCC ACTION: BOCC approved completion of application for
voluntary dental and vision benefits through American General, with guaranteed rates for 2
years, effective January 1, 2004 at the October 15, 2003 commission meeting.
CONTRACT/AGREEMENT CHANGES: Renewal rates slightly higher, see attached renewal
rates. Recommend approval of one year rate renewal on both dental and vision coverage.
STAFF RECOMMENDATIONS: Approval
TOTAL COST: None
COST TO COUNTY:- None
BUDGETED: Yes No
SOURCE OF FUNDS:
REVENUE PRODUCING: Yes No AMOUNT P "i MONTH Year
11 ", -
APPROVED BY: County Atty, OMB/Purchasin Risk Management
DIVISION DIRECTOR APPROVAL:
Teresa E. Aguiar
DOCUMENTATION:
DISPOSITION:
Division Director Employee Services
Included X To Follow- Not Required
AGENDA ITEM #
Revised 1103
October 28, 2005
Mrs. Maria Z. Fernandez
Group Insurance Administrator
Monroe County Board of County Commissioners
1100 Simonton St., Room 2-268
hey West, FL 33040
Re: Renewal Notice January 1, 2006 — Revised 2
Group Insurance Policy G245196 & V245151
Group Name Monroe County Board of County Commissioners
Dear Maria:
Thank you for your continued business!
Our underwriters have carefully reviewed the demographics of your employee group since the inception of
coverage, the claims experience for your group over that same time period and the claims experience for all
groups with similar coverage and demographics. Based on our evaluation of this information, the following
renewal rates will become effective January 1, 2006.
G245196
Coverage
Existing Rate
Renewal Rate
Rate basis
# Lives
DENTAL
$25.98
$29.56
Employee
627
$50.35
$57.28
Employee & Spouse
141
$54.33
$61.81
Employee & Child ren
76
$78.70
$89.53
Family
72
V245151
Coverage
Existing Rate
Renewal Rate
Rate basis
# Lives
VISION
$ 4.70
$ 4.70
Employee
627
$ 9.10
$ 9.10
Employee & Spouse
141
$ 9.50
$ 9.50
Employee & Child ren
76
$15.10
$15.10
Family
72
We are able to offer a two year rate guarantee for the dental coverage. The rates for a two year rate guarantee
is outlined in the exhibit below:
G245196
Coverage
Existing Rate
Renewal Rate
Rate basis
# Lives
DENTAL
$25.98
$31.42
Em to ee
627
$50.35
$60.90
Employee & Spouse
141
$54.33
$65,71
Employee & Child ren
76
$78.70
$95.19
Family
72
American General Life Companies
Group Benefits and Financial Institutions
Distributing products issued by: AIG Life Insurance Company, American International Life Assurance Company ofNew York,
American General Assurance Company, American General Indemnity Company, American General Life hrsurance Company,
Delaware American Life Insurance Company', The United States Life Insurance Company in the City of New York
Member companies ofAmeriean International Group, Inc.
3600 Route 66 • Neptune, NJ 07753 •732.922.7000 • www.AIGemployeebenefits.com
This company does not solicit business in New York.
06675006-1106 R02/05
AMER€CAN
GENERAL
October 28, 2005
Page two
As you know, we are moving your vision plan to our new network, EyeMed, effective November 1,2005. I
know you and your employees will enjoy working with the new network.. I have started the paperwork to
make the change and it is in the process of being completed for November 1st.. lam expediting the process
and hope to have the III cards to the employees as close to November lst as possible.
As your dedicated Client Manager, you can look to me to assist you with any questions or concerns you may
have about your group insurance, including:
• Renewal of your current plan
• Service assistance (benefits, billing, claims, policies and procedures)
• Supplies, marketing communications and brochures, certificates
• Enrollment meetings
• New lines of coverage
For more information or if you have any questions about your group insurance plan, please feel free to
contact me. Thank you.
Sincerely,
Barbara M. Elvey, HIA
Client Manager
Phone: 800 342-2007 X3
E-mail: barbara.elvey@aig.com
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HealthSpectrum
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American General Life Companies
Group Benefits and Financial Institutions
Distributing products issued by: AIG Life Insurance Company, American International Life Assurance Company of New York,
American General Assurance Company, American General Indemnity Company, American General Life Insurance Company,
Delaware American Life Insurance Company, The United States Life Insurance Company in the City of New York
Member companies ojAmerican International Group, Inc.
3600 Route 66 • Neptune, NJ 07753 •732.922.7000 • www.AlGemployeebenefits.com
This company does not solicit business in New York.