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579.2004 RESOLUTION AUTHORIZING 2005 RENEWAL CONTRACTS FOR EMPLOYEE GROUP HEALTH INSURANCE PLANS WITH EMPIRE BLUE CROSS BLUE SHIELD RESOLUTION NO. 579, 2004 INTRODUCED BY: Mr. John Strough WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Tim Brewer 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 2005 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 2005 with Empire Blue Cross Blue Shield with the 2005 monthly premiums to be as follows: MEDICARE MEDICARE MEDICARE INDIVIDUAL FAMILY INDIVIDUAL 2-PERSON FAMILY PPO 392.52 1147.40 360.99 721.97 1115.89 EPO 373.75 1092.57 343.74 687.48 1062.56 DENTAL 53.94 53.94 N/A N/A N/A and BE IT FURTHER, RESOLVED, that the health insurance cost-sharing formula shall increase from 10% in 2004 to 12% in 2005 for PPO coverage and from 2% in 2004 to 4% in 2005 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 29 day of November, 2004, by the following vote: AYES: Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Turner NOES: None ABSENT:None