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9/6/12
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PROJECTION
FOR HEALTH INSURANCE COSTS FOR FY 12/13
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Active
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Active
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Active
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Active
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FY 11-12
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FY 11-12
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FY
12-13
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FY
12-13
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Budget
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Estimate
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Requested
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Recom'd
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Employees
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316
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318.9
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314.0
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Claims
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Estimated Claims
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$2,266,896
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$2,504,125
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$2,504,125
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$2,504,125
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Anticipated increase/decrease
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$0
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($12,693)
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$344,213
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($93,482)
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Total Estimated Claims
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$2,266,896
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$2,491,432
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$2,848,338
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$2,410,643
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Administrative & Stop Loss
Charges
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BCBS Admin
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$176,669
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$164,676
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$178,520
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$175,777
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BCBS Stop Loss
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$450,073
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$420,993
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$539,005
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$530,723
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Fort Dearborn
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$6,067
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$5,784
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$6,123
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$6,029
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Disease Management Fees
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$0
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$8,265
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$0
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$0
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Flex Fee
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$4,350
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$4,350
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$4,592
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$4,522
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COBRA @ 41.00/mo
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$588
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$468
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$1,148
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$1,130
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Total Estimated Admin & Stop
Loss Costs
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$637,747
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$604,536
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$729,388
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$718,181
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Total All Health Insurance Costs
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$2,904,643
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$3,095,968
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$3,577,726
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$3,128,824
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Less COBRA payments
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$8,000
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$23,395
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$10,000
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$10,000
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Net Health Insurance Costs
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$2,896,643
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$3,072,573
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$3,567,726
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$3,118,824
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Estimated Contributions Made Paid
by
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Employees for Dependents
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$479,449
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$459,204
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$459,204
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$459,204
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Estimated Interest
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$6,000
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$2,620
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$1,500
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$1,500
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Net to be Absorbed by County
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$2,411,194
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$2,610,749
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$3,107,022
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$2,658,120
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Adjustment- insurance for two
positions not approved
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$8,052
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Amount to be distributed
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$2,650,068
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Amount per employee, 314 with
insurance
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$8,440
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