Insurance Proposal 2021-2
City of Scandia Employee Insurance Proposal
Budget Year 2021
Add 1 Employee
HEALTH INSURANCETotalPremium Add 1 Employee Premium
Incr/(Decr)Total PremiumsIncr/(Decr)
% Change% Change
Current CarrierPremiums
Healthpartners 2100-100 Rx Plus HSA (2020)$ 37,241.57
Healthpartners 2100-100 Rx Plus HSA (2021)$ 37,681.37 $ 439.801.18%$ 57,395.08$ 20,153.5254.12%
Proposed Carriers
PEIP Advantage$ 40,330.37 $ 3,088.80 8.29%$ 56,992.74$ 19,751.1753.04%
PEIP Value$ 36,254.30 $ (987.26) -2.65%$ 51,232.15$ 13,990.5837.57%
PEIP Advantage HSA$ 28,201.15 $ (9,040.42)-24.28%$ 39,851.87$ 2,610.307.01%
Preferred One HSA $ 37,397.64 $ 156.070.42%$ 58,997.64$ 21,756.0758.42%
Non Union Cost in Local 49 Plan$ 36,432.00 $ (809.57) -2.17%$ 48,576.00$ 11,334.4330.43%
Union Cost in Local 49 Plan (2020)$ 36,432.00
DISABILITY INCOME INSURANCE6 Employees9 employees
Total costTotal Cost Increase
Madison National Life (2020)$ 3,094.80$ 4,849.20 $ 1,754.40
56.69%
DENTAL INSURANCE3 Employees4 Employees
NO EXISTING COVERAGETotal CostTotal Cost
HealthPartners Open Access Dental$ 3,927.48$ 4,045.30
PEIP at 90% or more City Share$ 2,549.40$ 2,641.64
PEIP at 50% to 89% of City Share$ 3,455.04$ 3,556.19
LIFE INSURANCE8 Employees9 employees
Total CostTotal Cost
EXISTING COVERAGE
NCPERS Group Life Insurance (2020&2021)
$16 per month per employee$ 1,536.00$ 1,728.00
EXISTINGADDING ONE EMPLOYEE
Total CostIncrease/(Decrease)% changeTotal CostIncrease/(Decrease)% change
TOTAL EXISTING 2020 COVERAGE COST$ 41,872.37
TOTAL PROPOSED 2021 COVERAGE COST$ 32,831.95$ (9,040.42)-21.59%$ 46,429.07$ 4,556.7010.88%
TOTAL 2021 WITH DENTAL$ 35,381.35$ (6,491.02)-15.50%$ 50,474.37$ 8,602.0020.54%