Temp. Reso. #R7285 approving the negotiated three (3) year agreement with two (2), one (1) year renewal options, with Aetna, Inc. for the provision of self-funded health insurance programs for City employees, dependents and retirees; establishing premium equivalent rates for insurance premiums for Calendar Year 2021 to include 100% of expected claims in an amount of $14,249,975; a contingency amount of 5% of claims in an amount of $712,499; administration and stop loss fees in an amount $1,231,016; totaling a not-to-exceed amount of $16,193,490. (Human Resources Director Randy Cross)

What this record is

Held by

Aetna, Inc 4 records across this site

Amount

$14.2M

Runs until

September 28, 2023 already ended calculated from the contract term stated in the record

Type

amendment

Field

Health & social

Read automatically from the title of the official record. The source document below is authoritative.

Aetna, Inc also holds

Temp. Reso. #R6635 authorizing the payment of additional premiums as it relates to the City’s health insurance, from Aetna, Inc., in an amount not-to-… $350K Miramar, FL Temp. Reso. #R6581 approving the insurance premium rates for health insurance, from Aetna, Inc., in an amount of $13,839,684 not-to-exceed $13,991,921… $13.8M Miramar, FL Temp. Reso. #R6301 approving the insurance premium rates for health insurance from Aetna, Inc. in an amount not-to-exceed $12,155,244 for City employe… $12.2M Miramar, FL

Committee

CITY COMMISSION REGULAR MEETING

Requested by

Human Resources

Introduced

September 28, 2020

On agenda

October 7, 2020

Passed

December 31, 2023