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305 Medical Insurance Cap For City Of Yelm EmployeesCITY OF YELM RESOLUTION NO. 305 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF YELM, WASHINGTON ESTABLISHING A MEDICAL INSURANCE CAP FOR CITY OF YELM EMPLOYEES. WHEREAS, the City Council finds that it is in the best interest of the City to establish a cap on the amount Yelm will pay for employee medical benefits which include medical, dental and vision coverage; and WHEREAS, the City Council wishes to allow employees adequate time to prepare for the possibility of sharing in the cost of the employee medical benefits package. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM DOES RESOLVE, AS FOLLOWS: There is hereby established a pool, allowing a maximum employer cost of $280.00 per employee for medical benefits. If city costs exceed the maximum, the pool will be activated and insurance benefit costs will be pro-rated among those employees exceeding the maximum per employee cost. ADOPTED this 22nd day of December , 1993. Ka hryn ~ Wolf, Mayo ATTEST: ~~ C~ 2-~ Agne P. Colombo, City Clerk PASSED and APPROVED December 22, 1993. CITY OF YELM RESOLUTION NO. 305 PAGE 1