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Authorizing the County to Contract with Humana Inc. to Provide the 2025 Healthcare Continuation Coverage for Medicare Eligible Retired and Disabled Employees and Surviving Spouses
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WHEREAS, Kane County offers healthcare continuation coverage for Medicare-eligible retired and disabled employees and surviving spouses under a Medicare Supplement Plan; and
WHEREAS, Humana is the existing provider for Medicare Supplement Healthcare Coverage for eligible retirees, disabled employees, and surviving spouses, and the current contract expires December 31, 2024; and
WHEREAS, Humana Inc, has proposed a contract renewal with adjusted rates for 2024; and
WHEREAS, Assured Partners, the County's health insurance broker of record, recommends continuation of this plan at the proposed rates as cost-effective for 2024.
NOW, THEREFORE, BE IT RESOLVED that the Kane County Board to enter into a 12-month contract with Humana Inc. to offer continuation health insurance to Medicare eligible retired and disabled employees and surviving spouses who are entitled to such coverage effective January 1, 2025 through December 31, 2025 at the following monthly premium rates:
Single: $350.65 monthly
Retiree Plus Spouse: $701.30 monthly
NOW, THEREFORE, BE IT RESOLVED that the Kane County Board hereby
authorizes the Chair of the Kane County Board to sign an agreement consistent with the
terms set forth herein and the pricing agreement as set forth in the contract.
Passed by the Kane County Board on October 8, 2024.
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John A. Cunningham, MBA, JD, JD Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: