456.2000
RESOLUTION AUTHORIZING ADOPTION OF GROUP HEALTH
INSURANCE COST SHARING FORMULAE FOR ELIGIBLE RETIREES
RESOLUTION NO.: 456, 2000
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, eligible retired Town of Queensbury employees contribute toward the premium
and receive group health insurance and prescription drug coverage provided under the Empire Blue
Cross Blue Shield Matrix Plan, Empire Deluxe PPO Plan or the Blue Choice HMO plan, and
WHEREAS, the Queensbury Town Board wishes to adopt group health insurance cost sharing
formulae for all eligible retirees effective January 1, 2001,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby adopts group health insurance cost
sharing formulae for all eligible retirees effective January 1, 2001 as follows:
Retiree Town Medicare Premium
Share Share Reimbursement
Matrix 20% 80% 80%
Empire Deluxe PPO 9% 91% 91%
Blue Choice HMO 0% 100% 100%
and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Comptroller’s
Office to sign any documentation and take any and all steps necessary to implement the terms of this
Resolution.
th
Duly adopted this 20 day of November, 2000, by the following vote:
AYES : Mr. Brewer, Mr. Martin, Mr. Turner, Mr. Stec, Mr. Brower
NOES : None
ABSENT: None