HomeMy WebLinkAbout08919RESOLUTION NO. 8919
A RESOLUTION AUTHORIZING THE CITY OF PUEBLO TO
UTILIZE EXCESS INSURANCE FUNDS FOR THE PURPOSE OF
SHARING THE INCREASED EMPLOYEE HOSPITAL CO -PAY
UNDER ROCKY MOUNTAIN HMO FOR THE YEAR 2000
WHEREAS, the hospital co -pay under Rocky Mountain HMO
was increased from $100 to $700 in order to reduce the premium
increase, and
WHEREAS, City employees, due to an excellent safety record,
reduced liability insurance costs to the City of Pueblo by $80,000, now
therefore
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO,
COLORADO, that:
SECTION 1.
The City of Pueblo is authorized to utilize funds, not to exceed
$100,000 from the insurance contingency fund for the purpose of
maintaining the 1999 level of hospital co -pays.
SECTION 2.
This resolution shall become effective immediately.
INTRODUCED: February 14 9 2000
BY: Robert Schilling
Councilperson
ATTEST: APPROVE
Ci Clerk President of the City council