RESOLUTION (Health Insurance Stop Loss)

CITY OF DANIA BEACH

Agenda Request Item

Type of Request: Adopt Resolution

(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)

Award Bid /RFP, Presentation, Public Hearing)

Continued from:

Requested Action        (Identify appropriate Action or Motion)

Approve Resolution

Description of Action

Approves recommendation of City’s insurance consultant for the purchase of specific & aggregate health insurance stop-loss coverage for the City’s self-insured health plan coverage.

Purchasing Requests ONLY
Dept:	Acct #:	Amt:
Fund:  (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

Fiscal Impact/Cost Summary

Annual Cost estimated at $411,788 to be paid from the City’s Insurance Fund #501.

Exhibits Attached

Memo, Resolution, Summary Coverage Schedule