HomeMy Public PortalAbout1981_06_10_R078TOWN OF LEESBURG
IN
LOUDOUN COUNTY, VIRGINIA
RESOLUTION NO. 81-78
PRESENTED June 10, 1981
ADOPTED June 10, 1981
A RESOLUTION: AUTHORIZING AMENDMENT OF THE AGREEMENT FOR EMPLOYEE GROUP INSURANCE
WHEREAS, a proposal has been received from W. A. Watson and Sons Insurance
Agency for amendment of the employee group health insurance plan:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
The Manager shall enter into an amended insurance agreement effective May
1, 1981, with the Commonwealth Life Insurance Company through W. A. Watson &
Sons Insurance Agency, 106 North Main Street, Farmville, Virginia 23901, for
employee group insurance as follows:
(a)
$10,000 life, accidental death and dismemberment policy for all full-
time employees at a monthly premium of $0.45 per $1,000 coverage, with
the town paying all costs for the insurance.
Accident and illness insurance for all full-time employees providing
a two year 60 percent indemnity with a 30 day benefit elimination
period at a premium of $1.30 per $100 payroll, with the town paying
all the costs for the insurance.
(c)
Basic and major medical health insurance including a "stop loss"
feature for all full-time employees as described in a proposal from
W. A. Watson, III, of Commonwealth Life Insurance Company, with the
town paying the cost for the employees' coverage at revised premium
rates, effective May 1, 1981, as follows:
Individual employee $ 41.69 per month
Employee and spouse only 86.76 " "
Employee and family 92.68 " "
Employee and dependent children 60.96 " "
PASSED this 10th day of
ATTEST: /~
Clerk of Co,il
June
, 1981. ~ ,
Ke~eth B. Rollins, Mayor
Town of Leesburg