Item 78
approvedAug 5, 2020
Description
Authorize the Division of Risk and Benefits to enter into a fully-insured Medicare Advantage Plan agreement with Aetna Life Insurance Company, which includes a guaranteed premium rate of $0 per retiree or spouse and a contingency fund in an amount not to exceed $378,338 to be used in the event plan administrative costs arise. Effective January 1, 2021 through December 31, 2023. 42% General, 17% Federal, 4% Enterprise, 14% Highway, 1% Turnpike, 22% Other Funds.
Amount
$378,338
$0, $378,338
Department
DEPARTMENT OF ADMINISTRATIVE SERVICES
Funding Source
42% General; 17% Federal; 4% Enterprise; 14% Highway; 1% Turnpike; 22% Other Funds
Vote Record
approved
Michael Cryans
(D)
yes
Andru Volinsky
(D)
yes
Russell Prescott
(R)
yes
Ted Gatsas
(R)
yes
Debora Pignatelli
(D)
yes
Documents (1)
Item_78.pdf
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