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File #: 2021-222   
Type: Resolution Status: Approved
File created: 8/9/2021 In control: City Council
On agenda: 8/26/2021 Final action: 8/26/2021
Title: Consider a resolution authorizing the renewal of the City's Long Term Disability Policy with Madison National Life Insurance Company, Inc. for the period of January 1, 2022 through December 32, 2024
Indexes: Self-Funded Health Insurance
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the renewal of the City's Long Term Disability Policy with Madison National Life Insurance Company, Inc. for the period of January 1, 2022 through December 32, 2024

 

Body

Madison National Life, the current provider of employee Long - Term Disability benefits coverage, has offered a renewal for an addition three (3) years for a 0% rate increase.

 

Cost: $312,000

Source of Funds: Self-Funded Health Insurance