Board of Aldermen 3-31-2020 Page 24
Larry Budreau, Human Resources Director
Our plan year runs from July to the following June so immediately upon signing up effective July 1* you get
the first $1,500.00 the next day and then the second $1,500.00 would come on October 1* unless you
needed it before that in which case we would provide it when you needed it. Does that answer the question?
Alderman Cleaver
Yeah that answers the question, thank you very much. Next is just a comment and not a question but it
seems to me that this issue and this presentation is a ringing endorsement for Medicare for all.
President Wilshire
Are you all set Alderman Cleaver?
Alderman Cleaver
Yes, thank you very much.
President Wilshire
You're welcome. | think | had somebody before you Alderwoman Kelly. Linda, did you have your hand in the
queue.
Alderwoman Lu
| do have some questions OK?
President Wilshire
OK.
Alderwoman Lu
This is Elizabeth.
President Wilshire
OK Linda you go first please.
Alderman Harriott-Gathright
Is it an either or in terms of the different insurances, if you don’t go with the HMO then you have to go with the
HSA is that correct?
Larry Budreau, Human Resources Director
We have offered a third alternative and will continue to; it is a point of service plan. It is considerably more
expensive than either of the two and the whole City has only about 120 people enrolled on it, most of whom
are retirees living away.
Alderman Harriott-Gathright
Another question, the HSA there was somewhere | read that it carries over for or you can carry it over to the
