Rockford Sun

City of Rockford City Council met Oct. 28.

Here is the agenda provided by the council:

I. CALL TO ORDER

II. PETITIONS AND COMMUNICATIONS

1. "Bid Opening for the Sale of City-Owned Property Located at 605 North Main Street (PIN No. 11-23-179-015) commonly known as the "Armory Building."

III. MOTIONS AND RESOLUTIONS

A. Planning and Development Committee

B. Code and Regulation Committee

C. Finance and Personnel Committee

1. Contract Renewal: Third Party Administrator for medical and hospital benefits for the City of Rockford Health Insurance Plan with BlueCross / Blue Shield of Illinois for the contract amount/rates of $56.05 Per Employee Per Month - PPO Plan and $4.89 Per Employee Per Month - HSA Plan ($56.05 less the reduction of $60.94 for prescription rebate). Total estimated annual administration costs - $600,840.00 based on 918 PPO participants and 283 HSA participants. The contract duration is one (1) year. The funding source is the Health Insurance Fund.

2. Contract Renewal: Change to Self-Funded for the City of Rockford Health Insurance Plan with BlueCross/BlueShield of Illinois for the contract amount/rates of $3.50 Per Employee Per Month. Based on an average monthly enrollment of 1,250 employees, the total estimated annual administration costs are $52,500.00. Includes a two-year rate guarantee; $20,000.00 transition credit; $1.00 discount on medical admin rate. The contract duration is one (1) year. The funding source is the Health Insurance Fund. 

3. Contract Renewal: Employer-paid group term life insurance for City of Rockford employees with Metropolitan Life Insurance for the contract amount/rates of $0.08 per $1,000.00 of life insurance coverage and $0.25 per $1,000.00 of AD&D coverage. The contract duration is one (1) year. The funding source is the Health Insurance Fund. 

IV. ADJOURNMENT

http://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=4002&Inline=True