Group Health Insurance 2014/2015July 22, 2014
India Riedel
Finance Director
City of Okeechobee
55 SE 3rd Avenue
Okeechobee, FL 34974
Re: Group Health Rates for Plan Year 2014 -2015
Dear India,
We are pleased to provide you with your Group Health Rates for the new plan year beginning October 1, 2014. The
rates illustrated below represent an increase of 10.0% over your current medical rate. The increase in the medical
rate is 6,0% higher than the pool average due to a loss ratio of 185.2 %. There is no increase to the Dental, Vision,
Basic Life, Voluntary Life, AD &D, Dependent Life, and Disability plan rates. We believe that you will find this renewal
very reasonable in light of current market conditions.
Medical — PRM Plan BlueOotions 03748
Medical — PRM Plan BlueODtions 05901
Funding Rates
Coverage
Medical
Medical COBRA
Medical Reduced Retiree
Employee
$600.10
$612.10
$456.64
Additional for Spouse
$898.10
$916.06
$628.66
Additional for Child
$597.86
$609.80
N/A
Additional for Family
$1,310.84
$1,337.04
N/A
Medical — PRM Plan BlueODtions 05901
Dental
Hiah PPO
Low PPO
Coverage
Funding Rates
Coverage
Medical
Medical COBRA
Medical Reduced Retiree
Employee
$416.02
$424.34
$316.52
Additional for Spouse
$622.56
$635.00
$435.78
Additional for Child
$414.44
$422.72
N/A
Additional for Family
$908.70
$926.86
NIA
Dental
Hiah PPO
Low PPO
Coverage
Funding Rate
Funding Rate
Employee
$35.78
$28.62
Employee Family
$93.37
$74.70
Gallagher Benefit Services, Inc.
One Boca Place 1 2255 Glades Road, Suite 200E
Boca Raton, FL 33431
p 561.995.6706
ajg.com
Vision
Coverage
Funding Rate
Employee
$4.81
Employee Spouse
$9.02
Employee Children)
$7.50
Employee Family
$14.85
We appreciate the opportunity to serve you and your employees and look forward to working with you over the new
plan year.
Should you have any questions, please contact me or Yvonne Blackford at 561 -995 -6706.
Sincerely, /
t1
Richard G. Schell
Area Vice President
RSlyb