HomeMy Public PortalAbout2014_05_13_R059 Self Funded Health Insurance Program The Town of
Leesburg,
Virginia
PRESENTED May 13, 2014
RESOLUTION NO. 2014-059 ADOPTED May 13, 2014
A RESOLUTION: AUTHORIZING AND DIRECTING THE TOWN MAMAGER TO
ESTABLISH A SELF-FUNDED HEALTH INSURANCE PROGAM FOR
TOWN EMPLOYEES
WHEREAS,the Town is currently providing health insurance coverage for Town
employees under a fully-insured arrangement with a private health insurance provider; and
WHEREAS, renewal options for FY 2015 indicate a substantial increase in health insurance
premiums for both the Town and its employees is likely unless there are significant changes made
to insurance coverage including co-pays and deductibles; and
WHEREAS, the Town has worked with its health insurance consultant to identify
meaningful savings through a self-funded arrangement for health insurance coverage;
NOW, THEREFORE, BE IT RESOLVED,by the Council of the Town of Leesburg,
Virginia that the Town Manager is authorized and directed to do all things necessary and prudent to
establish a self-funded health insurance program for Town employees for the fiscal year beginning
July 1, 2014.
PASSED this 13th day of May,2014.
trk
Kris - C. U stattd, ayor
Town of Leesburg
ATT ST:
4. 4
Clerk of Co
P:\Resolutions\2014\0513 Self Funded Health Insurance.doc