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HomeMy WebLinkAboutResolution #5470 - insurance renewal effective May 1 2024; authorizing the mayor and or city clerk to execute all necessary and related agreemetns and documents in relation to said insurance plans RESOLUTION NO. 5470 A RESOLUTION APPROVING AN INSURANCE RENEWAL FOR THE CITY OF CANTON EMPLOYEES AND RETIREES,EFFECTIVE MAY 1,2024,AND AUTHORIZING THE MAYOR AND/OR THE CITY CLERK TO EXECUTE ALL NECESSARY AND RELATED AGREEMENTS AND DOCUMENTS IN RELATION TO SAID INSURANCE PLANS WHEREAS,the City of Canton, Illinois (the"City")provides health insurance to not only its .various Union employees,but also to certain non-Union employees and elected officials; WHEREAS, the City also provides dental and vision insurance to not only its various Union -employees,but also to certain non-Union.employees and elected officials; WHEREAS,the City also provides group life insurance for certain employees; WHEREAS,the City and the Insurance Committee investigated and determined what options would be available for health insurance, dental and vision insurance, and life insurance (collectively "Insurance")purposes to continue said coverage for City employees; WHEREAS,the City,upon discussion and recommendation of the Insurance Committee,-has determined that it is necessary and in the best interest to obtain Insurance and coverage through Blue Cross Blue Shield of Illinois for the policy term period May 1,2024 through April 30, 2025. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS AS FOLLOWS: 1. The proposed group medical plan renewal, group life insurance, and dental and vision insurance-plans with Blue Cross Blue Shield of Illinois-for-policy year-May-1,-2024--April 3.0, 2025, as set forth in"Exhibit A,"are hereby APPROVED. 2. The Mayor and the City Clerk are hereby authorized and directed to execute and deliver any and all renewal documents and/or other related documents to obtain Insurance with Blue Cross Blue Shield of Illinois on behalf of the City for May 1,2024—April 30,2025. 3. This Resolution shall be in full force and effective immediately upon its-passage by the City Council of the City of Canton and approval by the Mayor thereof. PASSED AND APPROVED THIS 16t'day of April,2024. AYES: Alderpersons Chamberlin Grimm Nelson Lovell Hale Gossett Ketcham NAYS: None ABSENT:Alderperson-Lingenfelter APPROVED: By: Kent McijoNv ,Mayor ATTEST: Z- Andrea . Smith-Walters,City Clerk