READ ALONGSIDE THE SOURCE
Okaloosa County BOCC — July 29, 2014 — BCC Budget Presentation RM — reading text
Part 1 of 1. These parts divide the reading text for browsing; they are not the source document's page numbers.
Machine-extracted text — 12-BCC Budget Presentation RM.pdf
Machine-extracted OCR text · Review label: Machine produced / unreviewed
Compare this copy with the preserved source. Review labels describe the recorded status of this file; they do not guarantee that the text is error-free. Spacing and line breaks are retained, with long lines wrapped to fit the screen.
Health Insurance Plan Changes
EE Only
Base Plan
FY 08 FY 09 FY 10 FY 11 FY 12 to Current
Calendar Year
Deductible $0 $0 $500/$1500 $500/$1500 $500/$1500
Out of Pocket $3000/$6000 $3000/$6000
Maximum $2000/$4000 $2500/$5000 $3000/$9000 $6000/$12000 $6000/$12000
Co-Insurance 90/10 90/10 80/20 80/20 80/20
Rx 15/30/50 15/30/50 15/30/50 15/50/80 15/50/80
Employee
Contribution $20.00 $40.00 $40.00 $40.00 $0*
* Employee Contribution offset by ProShare Refund
Supplement to FY 15 Budget Presentation - RM
Health Premium Cost
Individual Base Plan
$850
$805.57
$800 $782.11
$752.03
$738.34
$750 $725.01
$688.34
$700
$650 $629.90
$602.95 Family Base Plan
$600
$450
$424.00
$550
$395.82
$400 $388.61
$411.65
$500
$362.30
$381.60
$450 $350 $331.54
$317.35
$400
FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 $300
$250
Supplement to FY 15 Budget Presentation - RM $200
FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15
Health Premium Savings - ProShare
FY 10 FY 11 FY 12 FY 13
Premiums Paid $8,110,943 $8,557,620 $8,534,381 $8,889,190
Total Expenses $7,246,767 $6,955,897 $6,759,808 $6,954,633
ProShare Refund $331,899 $800,862 $1,774,573 $1,934,577
Total Premium $8,260.08 $9,024.36 $9,385.32 $9,666.84
Effective Premium $7,922.04 $8,179.80 $7,433.76 $7,563.00
% Savings 4.09% 9.36% 20.79% 21.79%
Supplement to FY 15 Budget Presentation - RM