Cleveland Facing Possible 10.6 To 11-Percent Increase In Insurance Premiums For City Employees

Tuesday, July 1, 2014 - by Hollie Webb

Andy Figlestahler of Ed Jacobs and Associates told the Cleveland City Council on Monday afternoon, "we're taking a 10.6, 11-percent increase" in the price of insurance premiums for city employees.

However, he said, "I know no one wants to pay 10 percent more...but I was kind of excited to get it to 10 based on our loss ratio."

He said the loss ratio, which was 108 percent, would typically lead to an increase closer to 30 percent.

Mr.

Figlestahler also pointed out, "Four percent of the 10 percent increase is going to the federal government to fund the Affordable Care Act."

Several city councilmen asked about potentially switching to a self-funded contract in the future, as some self-funded contracts are exempt from certain fees.

However, Councilman David Mays said, "We were self-insured at one time, and it didn't work. We went broke."

Mr. Figlestahler said, "When loss ratios are high it's not the most opportune time to looking into becoming self-funded. In my opinion, your loss ratios right now would exclude you from being a candidate for being self-funded."

He continued, "Our large claim report is one of the first ones we look at, claims above $20,000, and there are about 50 people on there."

Having more people on a policy with large claims increases the overall risk.

Mr. Figestahler also told the council, "Copays now accumulate toward the out-of-pocket maximum. In the past, these were not...as of Aug. 1, they will."

Councilman Richard Banks said, "We're sending four percent of our money to Washington. That doesn't benefit us here at all...It's like the stormwater mandates, we don't have any choice."

Also during the meeting, Cleveland resident James Wise petitioned the City Council to do something about his stormwater drainage problem. He said that developments on both city and county property had caused more water to be drained into his yard, located near Smith Drive. 

Mr. Wise said, "We need help down there. I've been trying to get help for 30 years and I can't get any. We're paying city and county taxes and we're not getting anything out of it."

Councilman Charlie McKenzie asked if someone could go out and assess the problem.

 

 

 

 

 

 



Corker Applauds President Trump’s Executive Order On North Korea

Senator Bob Corker on Thursday released the following statement after President Donald Trump issued an executive order that authorizes additional U.S. sanctions on revenue streams that support North Korea’s nuclear and ballistic missile programs:   “I support and appreciate President Trump’s strong action today against North Korea and his efforts to work closely with ... (click for more)

Dalton Police Department Investigating Fraudulent Credit Card Transactions

The Dalton Police Department is investigating three different fraudulent credit card transactions at a local tire store that resulted in the theft of more than $4,000 worth in tires. The suspects who picked up one of the sets of tires were photographed by the store owner. The fraudulent transactions took place on Aug. 14 and Aug. 25 at Arevalo’s Tires and Service at ... (click for more)

September Is Prostate Cancer Awareness Month

The calendar fills up quickly in September as families return to a packed routine after quieter summer days. Unfortunately, your health might take a backseat to your busy schedule. So make a note on your calendar that September is Prostate Cancer Awareness Month, and remind yourself—or the men in your life—about the importance of a healthy prostate.   Prostate cancer is ... (click for more)

Roy Exum: McQueen & Her TVAAS

If I am reading my Ouija Board right, I suspect the Hamilton County School Board will vote to allow a controversial “partnership” to be formed with the state Board of Education tonight at its monthly meeting. State Education Commissioner Candice McQueen has said she will demand the one-sided partnership to take over the operation of five at-risk schools in Hamilton County and, if ... (click for more)

Impressive Signal Mountain Whips Red Bank, 3-0

The Signal Mountain Lady Eagles have one of the better volleyball teams in town this fall and it’s no surprise that they are unbeaten in district play. They proved just how good they are Tuesday evening in Red Bank’s Susan Ingram Thurman Gymnasium as they needed about 50 minutes to beat the Lionettes for the second time this season. Set scores were 25-6, 25-7 and 25-15. ... (click for more)

Vols. UMass Matchup Pits 1998 National Champions

Tennessee takes on UMass on Saturday at Neyland Stadium. The game will feature a noon ET kickoff on SEC Network.     Tennessee (2-1) is coming off a 26-20 road loss to Florida on Sept. 16. Junior running back John Kelly set career highs with 141 rushing yards and 96 receiving yards and played a major role in the Vols' second half rally before the Gators ... (click for more)