RESOLVED, that the proper city officials are hereby authorized to execute the amended Exhibit A to service agreement with Blue Cross and Blue Shield of Minnesota, substantially in the form of that on file in the office of the city clerk as Public Document No. ____________, to provide administrative services and stop loss insurance to the city’s group health insurance plans effective January 1, 2008; payable from the group health fund.
STATEMENT OF PURPOSE: Blue Cross and Blue Shield of Minnesota is currently providing administrative and stop loss insurance to the city’s group health plans under service agreement and exhibits, which were effective January 1, 2005, and last amended in 2007. This resolution authorizes the city to update the service agreement by execution of the amended Exhibit A, which impacts the financial aspect of that agreement effective January 1, 2008. For example, the specified stop loss level moved from $250,000 to $300,000 and the rate for 2008 reflected that change.
The health improvement program known as the Care Support Program has been discontinued in anticipation of the Medical Therapy Management (MTM)Program, which will be administered in conjunction with UMD at less expense.