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HomeMy WebLinkAbout2016-422-6/6/2016 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2016-422 RESOLUTION APPROVING RENEWAL OF STOP LOSS HEALTH INSURANCE FOR A PREMIUM OF $978,843.00 WITH WELLMARK BLUE CROSS BLUE SHIELD, PLUS ADMINISTRATIVE AND CLAIM SERVICES AT A COST OF $43.49 PER EMPLOYEE PER MONTH. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract dated June 6, 2016, for the renewal of stop loss health insurance with Wellmark Blue Cross Blue Shield, for a premium of$978,843.00, plus administrative and claim services at a cost of$43.49 per employee per month, for the period of July 1, 2016 through June 30, 2017, is hereby approved and the Mayor is authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 6th day of June, 2016. Quentin Hart, Mayor ATTEST: Suzy Schar , CMC City Clerk