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567.2005 RESOLUTION AUTHORIZING 2006 RENEWAL CONTRACTS FOR EMPLOYEE GROUP HEALTH INSURANCE PLANS WITH EMPIRE BLUE CROSS BLUE SHIELD RESOLUTION NO.: 567, 2005 INTRODUCED BY: Mr. Tim Brewer WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Theodore Turner 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 Budget Officer, in conjunction with Capital Financial Group, has negotiated renewal contracts for the year 2006 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 2006 with Empire Blue Cross Blue Shield with the 2006 monthly premiums to be as follows: MEDICARE MEDICARE MEDICARE INDIVIDUAL FAMILY INDIVIDUAL 2-PERSON FAMILY PPO 437.66 1279.35 402.50 805. 1244.22 EPO 416.73 1218.22 383.27 766.54 1184.75 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 remain the same in 2006 as they were in 2005 - 12% for PPO coverage and 4% 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 Budget Officer to take such other and further action necessary to effectuate the terms of this Resolution. th Duly adopted this 5 day of December, 2005, by the following vote: AYES : Mr. Stec, Mr. Boor, Mr. Turner, Mr. Strough, Mr. Brewer NOES : None ABSENT: None