Cleveland Facing Possible 10.6 To 11-Percent Increase In Insurance Premiums For City Employees

Tuesday, July 1, 2014 - by Hollie Webb

Andy Figlestahler of Ed Jacobs and Associates told the Cleveland City Council on Monday afternoon, "we're taking a 10.6, 11-percent increase" in the price of insurance premiums for city employees.

However, he said, "I know no one wants to pay 10 percent more...but I was kind of excited to get it to 10 based on our loss ratio."

He said the loss ratio, which was 108 percent, would typically lead to an increase closer to 30 percent.

Mr.

Figlestahler also pointed out, "Four percent of the 10 percent increase is going to the federal government to fund the Affordable Care Act."

Several city councilmen asked about potentially switching to a self-funded contract in the future, as some self-funded contracts are exempt from certain fees.

However, Councilman David Mays said, "We were self-insured at one time, and it didn't work. We went broke."

Mr. Figlestahler said, "When loss ratios are high it's not the most opportune time to looking into becoming self-funded. In my opinion, your loss ratios right now would exclude you from being a candidate for being self-funded."

He continued, "Our large claim report is one of the first ones we look at, claims above $20,000, and there are about 50 people on there."

Having more people on a policy with large claims increases the overall risk.

Mr. Figestahler also told the council, "Copays now accumulate toward the out-of-pocket maximum. In the past, these were not...as of Aug. 1, they will."

Councilman Richard Banks said, "We're sending four percent of our money to Washington. That doesn't benefit us here at all...It's like the stormwater mandates, we don't have any choice."

Also during the meeting, Cleveland resident James Wise petitioned the City Council to do something about his stormwater drainage problem. He said that developments on both city and county property had caused more water to be drained into his yard, located near Smith Drive. 

Mr. Wise said, "We need help down there. I've been trying to get help for 30 years and I can't get any. We're paying city and county taxes and we're not getting anything out of it."

Councilman Charlie McKenzie asked if someone could go out and assess the problem.

 

 

 

 

 

 


Hutcherson, Watson To Head Marty Haynes Assessor Campaign

County Commissioner Marty Haynes said Donnie Hutcherson will be his campaign treasurer in his race for assessor of property. Commissioner Haynes,  a licensed real estate agent and technical sales agent for Porter Warner, said, “Donnie Hutcherson is a trusted advisor to many in Chattanooga, and I am deeply humbled for his willingness to serve in our campaign.”  ... (click for more)

Latest Hamilton County Jail Booking Report

Here is the latest jail booking report from Hamilton County: AKRIDGE, CHRISTOPHER D  1812 S WILLOW ST CHATTANOOGA, 37404  Age at Arrest: 30 years old Arresting Agency: Chatt. Housing Authority CRIMINAL TRESPASSING CRIMINAL TRESPASSING CRIMINAL TRESPASSING --- BENFORD, JAPEKA QUANET  814 WEST 13TH STREET COURT CHATTANOOGA, 37402  Age at ... (click for more)

Vote To Save Graduate Medical Education Funding

As a resident physician at UT College of Medicine Chattanooga, I know first-hand the impact Medicare financing for Graduate Medical Education has on physician education and access to care for patients in our community and communities all over the country.  GME funding provides medical school graduates the opportunity to complete the required years of clinical residency training ... (click for more)

Roy Exum: Quaker Oats & Stuff

Some genius in the Quaker Oats marketing department came up with a novel idea last summer with the theme: “What if you had the chance to do something you have always wanted to do … but you had to start today?” Somehow Michael Hope and his family – that includes three children – got to be interviewed and, when his 10-year-old daughter Lauren was asked, she said she always wanted ... (click for more)

Notre Dame Beats Signal Mountain In Volleyball

The high school volleyball season is only in its second week, but things haven't gotten off to as good a start as teams from Notre Dame and Signal Mountain would like. But these two teams met Thursday evening at Signal Mountain and it was the Lady Irish who went home smiling as they beat the Lady Eagles, 3-1.  Set scores were 25-21, 25-17, 20-25 and 25-18. Both teams ... (click for more)

Vols Feel It's Almost Football Time In Tennessee

 After weeks of preseason training and kickoff in Nashville now just 10 days away, the Tennessee players and coaches are just as excited as their followers for the 2015 season to begin. The sweltering heat of early August has lowered to a late-summer simmer at Haslam Field, signaling that fall is on the horizon and it is almost Football Time In Tennessee. "We've ... (click for more)