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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 qJtl'7//19 hl yor ATTEST YkN City Clerk