e|agenda.NET Sarasota County Schools

THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Venice City Hall 401 W. Venice Avenue, Venice, Florida 6:30 p.m.

October 6, 2015 Board Meeting Agenda Item #38 Title APPROVAL OF CALENDAR YEAR 2016 EMPLOYEE BENEFIT INSURANCE RATES AND FEES Description The 2016 employee group benefit insurance rates and fees will be changing as follows:  Group medical insurance rates will increase by 2.7% for all plans offered with no plan design changes.  The net increase after the application of the Medical Loss Rebate will be 2.3%.  Group dental insurance premiums will increase by 4% due to an increase in utilization.  Group vision, life, long term disability and flexible spending will all remain at their current rate guarantees. Recommendation That the Employee Benefit rates and fees for the 2016 calendar year be approved as presented by the Board as presented. Contact WHITE & CORCORAN/PETERSON Financial Impact N/A Attachment:  2016 Benefit Rates and Fees Agenda Memo and Attachments.pdf