e|agenda.NET
Sarasota County Schools
THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 3:00 p.m.
October 15, 2013 Board Meeting
Agenda Item #41


Title
APPROVAL OF 2014 GROUP MEDICAL RENEWAL

Description

Florida Blue has proposed an aggregate rate increase of 8.71% across the four plans offered by the district.  This increase was due to Affordable Care Act (ACA) plan requirements and fees, the Sarasota County School Board trend of 6.1% and retention of 10% premium or approximately $190,000.  The estimated 2014 calendar year total plan cost [district paid & employee paid] based on enrollments as of August 2013 is $38,235.291.  This is an increase of $3,064,254 or an aggregate of 8.71%.  The estimate does not include retirees or Cobra. 

 

 



Recommendation
That the Board approves the 2014 Group Medical renewal as presented.

Contact
WHITE & CORCORAN/PETERSON      

Financial Impact
N/A


Attachment:  2014 Florida Blue Rates.pdf
Attachment:  Group Medical Ins Renewal Agenda (3).pdf