City of Newton Insurance Committee met Nov. 4.
Here is the agenda provided by the committee:
Present: Marlene Harris, Ray Diel, Jason Booth, Mark Bolander, Rosetta M. York, Robert Reisner, Melissa Brooks, Larry Brooks and Brenda Phillips
Jason Boothe from Snedeker Risk Management discussed:
• The 2 year Medtrak Agreement with the City to be the drug plan manager for the City’s health insurance. Medtrak has been the manager of the drug plan for several years. They are changing the process to collect their fees and passing saving on to the city.
• The Stop/Loss amount on the insurance plans will need to be increased.
• There will be an increase in the insurance rates that the employee pays and the City pays.
• Symetra will be sending their proposal this month for next year’s health insurance policy with the City. At that time, the city will have the rate increase possibilities.
Melissa reported that the vision rates not increasing
Meeting adjourned at 6:29 PM
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