9/6/12

PROJECTION FOR HEALTH INSURANCE COSTS FOR FY 12/13

Active

Active

Active

Active

FY 11-12

FY 11-12

FY 12-13

FY 12-13

Budget

Estimate

Requested

Recom'd

Employees

316

318.9

314.0

Claims

Estimated Claims

$2,266,896

$2,504,125

$2,504,125

$2,504,125

Anticipated increase/decrease

$0

($12,693)

$344,213

($93,482)

Total Estimated Claims

$2,266,896

$2,491,432

$2,848,338

$2,410,643

Administrative & Stop Loss Charges

BCBS Admin

$176,669

$164,676

$178,520

$175,777

BCBS Stop Loss

$450,073

$420,993

$539,005

$530,723

Fort Dearborn

$6,067

$5,784

$6,123

$6,029

Disease Management Fees

$0

$8,265

$0

$0

Flex Fee

$4,350

$4,350

$4,592

$4,522

COBRA @ 41.00/mo

$588

$468

$1,148

$1,130

Total Estimated Admin & Stop Loss Costs

$637,747

$604,536

$729,388

$718,181

Total All Health Insurance Costs

$2,904,643

$3,095,968

$3,577,726

$3,128,824

Less COBRA payments

$8,000

$23,395

$10,000

$10,000

Net Health Insurance Costs

$2,896,643

$3,072,573

$3,567,726

$3,118,824

Estimated Contributions Made Paid by

     Employees for Dependents

$479,449

$459,204

$459,204

$459,204

Estimated Interest

$6,000

$2,620

$1,500

$1,500

Net to be Absorbed by County

$2,411,194

$2,610,749

$3,107,022

$2,658,120

Adjustment- insurance for two positions not approved

$8,052

Amount to be distributed

$2,650,068

Amount per employee, 314 with insurance

$8,440