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LEGISLATIVE RESEARCH CENTER
File #: 18-2677    Version: 1
Type: Contract Status: Passed
File created: 6/3/2018 In control: Human Resources
On agenda: 6/18/2018 Final action: 6/18/2018
Title: Vote on a request to approve Aggregate Stop Loss (ASL) and Single Stop Loss (SSL) Contracts with Blue Cross Blue Shield of North Carolina for the plan year July 1, 2018-June 30, 2019 and authorize the county manager to execute the contracts.
Attachments: 1. FY19 ASL Chatham County, 2. FY19 SSL Chatham County

Title

Vote on a request to approve Aggregate Stop Loss (ASL) and Single Stop Loss (SSL) Contracts with Blue Cross Blue Shield of North Carolina for the plan year July 1, 2018-June 30, 2019 and authorize the county manager to execute the contracts.

 

Abstract

Action Requested: Vote on a request to approve Aggregate Stop Loss (ASL) and Single Stop Loss (SSL) Contracts with Blue Cross Blue Shield of North Carolina for the plan year July 1, 2018-June 30, 2019 and authorize the county manager to execute the contracts.

                     

Introduction & Background: Aggregate stop loss and single stop loss coverage protects the covered entity (County of Chatham) from large, catastrophic health insurance claims. 

                     

Discussion & Analysis: Single stop loss limit is increasing from $100,000 per occurrence to $125,000 per occurrence.  These contracts accompany the annual renewal documents approved at the May 21, 2018 meeting.

 

How does this relate to the Comprehensive Plan: n/a

                     

Budgetary Impact: Premium costs included in fixed administrative costs approved on May 21, 2018.

                     

Recommendation: Motion to approve Aggregate Stop Loss (ASL) and Single Stop Loss (SSL) Contracts with Blue Cross Blue Shield of North Carolina for the plan year July 1, 2018-June 30, 2019 and authorize the county manager to execute the contracts.