Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute a Plan Renewal Agreement with Anthem for the Medicare Advantage Plan for the Police and Fire Retirement Fund, for the period beginning January 1, 2025 through December 31, 2025. [Div. of Human Resources, George]
Summary
Authorization to extend the current Contract with Anthem for the Medicare Advantage Plan for the Police and Fire Retirement Fund for the period beginning January 1, 2025, through December 31, 2025. The cost for the Medicare Advantage Plan is $140.51 per retiree per month. Funds are Budgeted. (L1017-24) (George/Hamilton)
Budgetary Implications: Yes
Advance Document Review:
Law Yes, Completed by Michael Cravens October 1, 2024
Risk Management: NA
Fully Budgeted: Yes
Account Number: 5003-505003-0001-63615
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
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 the Plan Renewal Agreement, which is attached hereto and incorporated herein by reference, for the Medicare Advantage
Plan for the Police and Fire Retirement Fund, for the period beginning January 1, 2025 through December 31, 2025.
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
1017-24:GET:4889-8913-9182, v. 1