HomeMy Public PortalAbout1985_08_14_R138The Town of Leesburg in Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED August 14, 1985
85-138 ADOPTED August 14, 198t
AUTHORIZING AGREEMENTS FOR GROUP INSURANCE COVERAGES
WHEREAS, on July 30, 1985 the town received proposals from insurance
underwriters to provide the town with group insurance coverage for term life
insurance, accidental death and dismemberment coverages, disability income
coverage and health insurance; and
WHEREAS, after having reviewed and analyzed the proposals received it
has been decided that group term life and accidental death and dismemberment
insurance coverage will be provided by the Rich Insurance Agency, disability
income coverage will be provided by Commonwealth Life and health care coverage
will be provided by Blue Cross and Blue Shield of Virginia.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia
as follows:
SECTION I. The manager shall enter into an agreement with Erie Family
Life Insurance Company represented by the Rich Insurance Agency of Leesburg
to provide the town with group term life and accidental death and dismemberment
insurance coverage for all eligible employees at the rate of one times the
employees salary for a premium cost of $.29 per $1,000 coverage. The town
shall pay all costs for this coverage.
SECTION II. The manager shall enter into an agreement with Blue Cross
and Blue Shield of Virginia represented by Kelley and Kowalski of Leesburg
to provide the town with group health care coverage as was described in their
proposal for basic health care coverage at the following monthly rates:
-2-
Employee only
Employee and one minor
Family
$ 70.56
$105.84
$137.92
The town shall pay the employee only portion to this coverage.
SECTION III. The manager shall continue the present disability income
coverage with Commonwealth Life for accident and illness for all eligible
employees providing a two-year 60 percent indemnity of the employee's ~verage
monthly salary, with a 30-day benefit elimination period at a monthly premium
of $1.29 per $100 benefit. The town shall pay all premium costs for this
coverage.
SECTION IV.
PASSED this
This resolution shall be effective September 1, 1985.
14th day of August , 1985.
Town of Leesburg
ATTEST..
Clerk of ~ncil