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HomeMy Public PortalAboutAB 12-140 III-A Health Insurance McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB12-140 Meeting Date July 12, 2012 AGENDA ITEM INFORMATION  SUBJECT: Idaho Independent Intergovernmental Authority (III-A) Trust for Health Insurance Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager  originator   Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT: n/a Parks and Recreation    FUNDING SOURCE: n/a Airport      Library    TIMELINE: n/a Information Systems      Grant Coordinator    SUMMARY STATEMENT: In 2011 an initial group of 11 cities created the Idaho Independent Intergovernmental Authority (III-A) Trust through a Joint Powers Agreement. The III-A Trust is a self-funded insurance pool for cities and other governmental entities, modeled after a similar program in Montana. Council members have previously received a packet of information about the III-A Trust. Currently 40 cities and special districts are members of III-A, covering 819 employees. The average number of covered employees per member is 20. The City of McCall currently has 74 employees eligible for coverage. Staff reviewed the III-A program last year, and again recently. It appears to be more suited to smaller entities, with fewer covered employees. An advantage of the III-A Trust is the ability to negotiate better rates than an individual city with 15 or 20 or even 40 employees could. Because of the number of covered employees that McCall has, that advantage is lessened. The Trust is very new, with a short track record. Some of the anticipated advantages will only occur in the future, as Trust members seek renewals for their second and third year in the Trust. Staff recommends continuing to monitor the III-A Trust.  RECOMMENDED ACTION: None – Discussion only.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION  July 26, 2012 Council directed staff to continue to monitor the III-A Trust