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636.2006 RESOLUTION AUTHORIZING 2007 RENEWAL CONTRACTS FOR EMPLOYEE GROUP HEALTH INSURANCE PLANS WITH EMPIRE BLUE CROSS BLUE SHIELD RESOLUTION NO. 636, 2006 INTRODUCED BY: Mr. Richard Sanford WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, the Town of Queensbury previously entered into agreements for employee group health insurance plans with Empire Blue Cross Blue Shield, and WHEREAS, the Town Board, in conjunction with Capital Financial Group, has negotiated renewal contracts for the year 2007 with Empire Blue Cross Blue Shield, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes renewal contracts for the year 2007 with Empire Blue Cross Blue Shield with the 2007 monthly premiums to be as follows: MEDICARE MEDICARE MEDICARE INDIVIDUAL FAMILY INDIVIDUAL 2-PERSON FAMILY PPO 461.29 1348.43 424.24 848.47 1311.41 EPO 439.23 1284.00 403.97 807.93 1248.73 DENTAL 53.94 53.94 N/A N/A N/A and BE IT FURTHER, RESOLVED, that the health insurance cost-sharing formula(s) shall increase from 12% to 14% for PPO coverage and from 4% to 6% for EPO coverage, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute any contracts and documentation and the Town Supervisor and/or Town Accountant to take such other and further action necessary to effectuate the terms of this Resolution. th Duly adopted this 18 day of December, 2006, by the following vote: AYES: Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford NOES: None ABSENT: None