HomeMy WebLinkAbout1981-103-08/04/1981-AUTHORIZING THE CITY MANAGER TO ESTABLISH A SELF-FUNDED MEDICAL INSURANCE PROGRAM RESOLUTION 81-103
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO ESTABLISH
A SELF-FUNDED MEDICAL INSURANCE PROGRAM
WHEREAS, the City provides medical insurance to its employees through
a private insurance company, and
WHEREAS, the increase in the number of City employees has made it
economically advantageous to provide self-funded medical insurance, and
WHEREAS, in addition to providing self-funded medical insurance, the
City will contract with a private insurance carrier to insure against
catastrophic losses arising from medical insurance claims, and
WHEREAS, the employees of the City would be provided with a compre-
hensive medical insurance plan offering the same benefits currently
available through the private insurance carrier, and
WHEREAS, the establishment of a self-funded medical insurance program
offers the City a significant opportunity to reduce costs while maintaining
employee benefits
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the City Manager be, and hereby is, authorized to establish a
self-funded medical insurance program to provide medical insurance benefits
to the employees of the City of Fort Collins
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 4th day of gust , 1981
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City Clerk