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Approving the 2024 Monthly Health and Dental Contributions
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WHEREAS, annually, the Human Resources, Finance Department, and the County's insurance broker collaborate to analyze industry trends and costs to estimate expenses for the County's employee benefit programs for the next year; and
WHEREAS, rates for the program for the upcoming year are calculated based on these estimates to ensure the program and required reserves are adequately funded; and
WHEREAS, the proposed rates based on the estimates for the 2024 monthly health and dental contributions for County employees is attached as Exhibit A.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the annual rates for January 1, 2024 through December 31, 2024 are approved as set forth in Exhibit A.
Passed by the Kane County Board on September 12, 2023
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John A. Cunningham, MBA, J.D. Corinne M. Pierog MA, MBA
Clerk, County Board Chairman, County Board
Kane County, Illinois Kane County, Illinois
Vote: