File #: 16-164-12    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 11/21/2016 In control: Policy, Finance & Personnel Committee
On agenda: 12/5/2016 Final action: 12/19/2016
Title: Authorizing the Executive Director to Extend a One-year Contract for Stop Loss Insurance for the Milwaukee Metropolitan Sewerage District Group Health Insurance Benefits
Sponsors: Executive Director
Attachments: 1. 06_PFP_StopLossInsurance_legislative_file.pdf, 2. 06_PFP_StopLossInsurance_fiscal_note.pdf

Title

Authorizing the Executive Director to Extend a One-year Contract for Stop Loss Insurance for the Milwaukee Metropolitan Sewerage District Group Health Insurance Benefits

Body

RESOLVED, by the Milwaukee Metropolitan Sewerage Commission, that the Executive Director is authorized to enter into a contract with BP to provide stop loss insurance for $150,000 in specific stop loss claims for active District employees and eligible retirees for the period January 1, 2017 through December 31, 2017, at a cost not to exceed $90.54 per month for single coverage and $202.08 per month for family coverage.