Board Of Aldermen - Minutes - 3/31/2020 - P54

The primary intent of changing the HMO is not to shift health care costs to
employees but to encourage employees to enroll in the HDHP w/H.S.A., the plan
that has proven to be the most cost effective and well liked.

Family Plan Analysis: In Network
HMO H.S.A.

FY21 Employee Cost: $ 5,181.36 Annually FY21 Employee Cost: $ 5,274.60 Annually

Savings from FY20 Cost $ 936.84 Employer Contribution: $ 3,000.00

Deductible $ 4,000.00 per family

Inpatient/Outpatient Exposure $ 3,000.00 per family
(with Hospitalization or Procedure) Employee Exposure: $ 1,000.00
Exposure after Premium Change: $ 2,063.16 Savings from FY20 HMO Cost $ 843.60

(if contributed into H.S.A.)

Routine Copays $ ??? Exposure after savings: $ 156.40