Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a New Case Document, Amendment to Plan Management Agreement, and Amendment to Group Stop-Loss Policy Extension with Humana Insurance Co. for the administration of health care claims for the period of January 1, 2012 through December 31, 2012. [Dept. of Law, Graham]
Summary
Authorization to execute a New Case Document, Amendment to Plan Management Agreement, and Amendment to Group Stop-Loss Policy with Humana Insurance Company. (L676-12) (Graham)
This is a request to execute a New Case Document, Amendment to Plan Management Agreement, and Amendment to Group Stop-Loss Policy with Humana Insurance Company effective January 1, 2012 through December 31, 2012. The fiscal impact associated with this action is $1,805,316 annually and will be funded with the BP-Life/Health/Dental/Vision account.
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes/
Account Number: 6002-160504-1841-63615
This Fiscal Year Impact: $902,658.
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: Funds are budgeted for this purpose in FY 12 and FY 13
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute a New Case Document, Amendment to Plan Management Agreement, and Amendment to Group Stop-Loss Policy with Human Insurance Company for the administration of health care claims for the period of January 1, 2012 through December 31, 2012.
Section 2 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
______________________________
CLERK OF URBAN COUNTY COUNCIL
676-12 BS GHGX:\Cases\HR\12-LE0001\LEG\00351708.DOC