Sarasota County Schools
Agenda Item #26
Title
APPROVAL OF CALENDAR YEAR 2007 RENEWAL OF THE HEALTH INSURANCE CONTRACT WITH BLUE CROSS/BLUE SHIELD OF FLORIDA
Description
The Calendar Year 2007 rates for the four Blue Cross/Blue Shield of Florida health insurance plans will increase by 9.8% for the second year of the contract. The rate increase is based upon the current experience of the school district and the projection for next year is based upon that experience. AON Consulting and the district's Supervisor of Risk Management reviewed the increase that Blue Cross/Blue Shield initially requested and negotiated the increase to the 9.8% rate. The increase to the school district is estimated at $2,728,743 in calendar year 2007.
Recommendation
Item #26-That the School Board of Sarasota County approves the renewal of the four health insurance plans with Blue Cross/Blue Shield at an increase of 9.8% for Calendar Year 2007 as presented.
Contact
LEMPE & MONSON
Financial Impact
9.8%
Attachment: 2007 BCBSFL Renewal.pdf