HomeMy Public PortalAbout1991_05_28_R111 Authorizing Agreements for Group Insurance CoveragesThe Town of
Leesburg,
Virg' '
lnla
RESOLUTION NO. 91-111
A RESOLUTION:
PRESENTED May 28, 1991
ADOPTED May 28, 1991
AUTHORIZING AGREEMENTS FOR GROUP INSURANCE COVERAGES
WHEREAS, on April 19, 1991, the town received proposals from insurance providers to provide the
town with group insurance coverage for health, dental, term life, accidental death, dismemberment and
long-term disability income insurance coverages for town employees; and
WHEREAS, the proposals received were reviewed and analyzed by the town's insurance consultant,
Industrial Insurance Management Corporation; and
WHEREAS, their analysis and recommendations were forwarded to the Council by memorandum
dated May 20, 1991, along with recommendations for type and extent of coverage and funding for fiscal
year 1992:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager is authorized to enter into an agreement with Blue Cross/Blue Shield
of Virginia represented by the Kelly Insurance Agency to provide the town with group health care
coverage as was described in their proposal at the following monthly rates:
Employee only $150.68
Employee and one minor 209.85
Family 339.90
The town will pay the employee portion of this coverage. Those employees receiving coverage
under the employee and one minor or family categories shall pay the difference between the cost of that
coverage and the employee only rate.
SECTION II. The manager shall enter into an agreement with the Guardian Insurance Company
represented by the J.V. Arthur Insurance Agency to provide the town with dental insurance coverage
on a self-insured basis. The town will pay for the cost of this coverage.
SECTION III. The manager shall enter into an agreement with the Shenandoah Life Insurance
Company represented by the Kelly Insurance Agency to provide the town with group term life, accidental
death and dismemberment insurance coverage equal to one times the employee's annual salary at a rate
of $.26 per $1,000 of coverage. The town shall pay for the cost of this coverage.
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RESOLUTION - AGREEMENTS FOR GROUP INSURANCE COVERAGES
SECTION IV. The manager shall enter into an agreement with The Mutual Benefit Insurance
Company to provide the town with long-term disability income insurance coverage at an estimate annual
premium of $39,617. The town will pay for the cost of this coverage.
SECTION V. All coverages become effective July 1, 1991, and will expire June 30, 1992. The town
reserves the right to renew these coverages for the next two years without rebidding these coverages.
PASSED this 28th day of May
, 1991.
Robert E SeviIa,-Ma~/6r
Town of Leesburg
ATTEST:
R:ins-agree