HomeMy WebLinkAboutItem 12 - Supplemental Health PlansMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: JULY 1, 2025
SUBJECT: APPROVAL OF CONTRACT WITH THE HARTFORD FOR BASIC LIFE,
AD&D, LONG TERM DISABILITY AND VOLUNTARY EMPLOYEE
BENEFITS
RECOMMENDATION: City Council to consider approval of a contract for Life, AD&D, Long -Term
Disability, and voluntary supplemental health plans with The Hartford.
FUNDING SOURCE: Funds are available in the General Fund (Human Resources) in the
estimated annual amount of $300,000
BACKGROUND: The City provides life insurance and long-term disability to all benefit
eligible employees. The City also provides the option for employees to
purchase additional life insurance for themselves and eligible dependents,
short-term disability, critical illness, and accident insurance. The Hartford
provides a new product for employees with hospital indemnity. These
voluntary plans can assist employees who have unexpected medical
costs.
The City's consultants, Lockton, secured proposals from three vendors.
City staff reviewed the proposals and determined that The Hartford would
provide the best services at a reduced cost. The City will save 23% on life
insurance and long-term disability while employees will see no change in
the current cost of voluntary products. This is a three-year contract.