2022 05 17 City Council

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HUMAN RESOURCES 
MEMORANDUM 
 
TO: C. Seth Sumner, City Manager 
FROM: Nina Edmonds, HR Director 
DATE: 05/05/2022 
SUBJECT: Health Insurance Renewal 
We have reviewed the renewal of our health insurance submitted by Jason McConkey from Athens Insurance. 
We have spoken with VERIS Benefits Consortium and have considered their self-funded rates for our insurance 
renewal. Blue Cross Blue Shield has offered a renewal of our current plan with an 11% increase in premium for 
the next year. (2022-2023)  
After a careful review of the offering from VERIS, and considering the 11% increase in premiums from BCBSTN, 
it is our recommendation that we renew our health insura nce benefits with VERIS. The premiums for this plan 
year will not change for our employees  and the structure of the plan will remain the same. VERIS is confident 
that the change from BCBS to Cigna will be smooth as they have experience with moving plan s from BCBS and 
other carriers to their platform. Several entities in our area are using plans that are similar, including McMinn 
County and AUB, through Athens Insurance and are satisfied with their performance.  
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