Board of Aldermen 3-31-2020 Page 20
the negotiated rate. So you continue to get, even though you are on the high deductible plan, you continue to
get the negotiated rate that Anthem has with either the pharmacy on the medical drug or the doctor on the
provider rate.
Alderman Clemons
Ok thank you. So overall on a month to month basis, you know the cost that comes out of the employee’s
paycheck, | am thinking that you explained it, the high deductible is less?
Kim Kleiner, Admin. Services Director
So currently as it is right now, the HMO is more than the high deductible health plan, and significantly, for a
family you are looking at $6,100.00, I’m rounding to a high deductible plan for you know $4,300.00. That
changes a little bit and with the HMO and the change you are dropping from that $6,000.00 to $5,100.00 and
the high deductible HSA Plan is just a tad bit more expensive at $5,274.00. So right now on the current HMO
it is considerably higher. And then with the shift in plan design the HMO will be just a tad bit less expensive.
Alderman Clemons
OK so they are about the same as far as the cost for what is coming out of my paycheck every week roughly?
Kim Kleiner, Admin. Services Director
With the new plan design yes. Now the employee with the HMO pays significantly more.
Alderman Clemons
OK so my other question is on the HMO Plan the deductibles are going up but if you take the HMO Plan the
City is contributing basically the exact amount the deductibles are is that correct?
Kim Kleiner, Admin. Services Director
So with the change in the deductible for the HMO which if you are to be hospitalized or have an outpatient
surgery you could be charged on a family that $3,000.00 deductible. The cost is going down 15% if you stay
on the HMO. It will drop 19% from the current HMO to the HSA if you were to switch over and I’m not sure if
that answers your question Alderman Clemons.
Alderman Clemons
So right now it’s a $250.00 deductible for an individual and a $500.00 for a family on the HMO correct? That’s
what it is right now?
Kim Kleiner, Admin. Services Director
Correct.
Alderman Clemons
OK so it’s going to change to $1,500.00 and $3,000.00?
Kim Kleiner, Admin. Services Director
Correct.
