DEPARTMENT: Employee Relations
FILE TYPE: Consent Action
TITLE
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Approval Of 2025 Medical Plans And Premium Rates
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RESOLUTION
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WHEREAS, the County’s self-funded medical plan administered by Blue Cross Blue Shield of MN starting January 1, 2025; and
WHEREAS, due to 2025 IRS limit changes in minimum deductibles for High Deductible Health Plans, the Dakota Health Savings Account (HSA) plan will have an increase in deductible $1650 for single and $3300 for family; and
WHEREAS, this change will increase the County annual HSA contribution to $825 for single and $1650 for family enrollment; and
WHEREAS, proposed premium rates for 2025 have been identified taking into account utilization and claims experience of the three Plans, medical trend, Affordable Care Act fees, and administrative expenses; and
WHEREAS, self-funded medical plan expenses projected for 2025 result in a rate increase of 8.6 percent increase in all three medical plans.
NOW, THEREFORE, BE IT RESOLVED, That the Dakota County Board of Commissioners hereby approves the rate increase of 8.6 percent for the Dakota Advantage Plan, the Dakota Select Plan, and the Dakota Health Savings Account Plan.
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