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HomeMy WebLinkAbout[04b] Work Comp DeductibleCM OF MT.3c )KkrR MEETING DATE: June 2, 2011 4(b) Council Agenda Item AGENDA ITEM: Work Comp Deductible — Requested Action: Assign the Workers Compensation deductible at $ 2,500 per occurrence and select coverage. SUBMITTED BY: Administration /Finance BOARD /COMMISSION /COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: Annually the City Council must establish the deductible per occurrence for the Worker's Compensation Policy. Over the past couple of years the City has opted for a $ 2,500 deductible per occurrence. The Council has annually adopted to select coverage for elected and appointed commissioners that serve on the EDA, Planning Commission and Park Board. BACKGROUND INFORMATION: If the City elects a $ 2,500 the premium is reduce by 7.5% with an estimated premium before reduction of $ 50,864. During the last premium cycle the City did not pay more the $ 750 in deductible. The deductible is effective and staff is recommending continuation of the $ 2,500 deductible. BUDGET /FISCAL IMPACT: $ Reduction in Work Comp Premium of 7.5% ATTACHMENTS: Request for Council Action ....... ............................... 8(c)•1 -2 Coverage Information .............. ............................... 8(c):3 -6 REQUESTED COUNCIL ACTION: Authorize staff to notify the insurance carrier of establishing the Work Comp Deductible at $ 2,500 per occurrence and to provide coverage for elected and appointment commission /board members. 4(b) :1 THIS PAGE INTENTIONALLY LEFT BLANK 4(b):2 League of M illuiesota Cities Insurance Trust Group Self - Insured Workers' Compensation Plan 145 University Avenue West St. Paul, MN 55103 -2044 RENEWAL DATA The "City:" ST JOSEPH, CITY OF 25 1ST AVE. N.W., BOX 668 ST. JOSEPH MN 56374- Agreement No.: Quote To: Quote Due On: Agreement Expires: 0200005030 7/01/11 8/08/11 Your coverage under the LMCIT Self- Insured Workers' Compensation program will expire soon. This Renewal Data sheet will be used to generate a premium quote for the different workers' compensation plans available. A copy of the City's previous year's selected coverages and premiums is attached for your reference. Coverage O ptions All of the options available to the City are outlined below, and described in the accompanying memo, Things to Think About When Renewing Your City's Workers' Compensation Coverage. You can select any coverage options in which the City may be interested. Premium quotes for all coverage options will be provided, and a final coverage decision can be made at the time you receive the complete quote. Elected Officials: Please indicate if the City would be interested in covering elected officials. Yes No If yes, please list the estimated annual payroll for all elected officials the City would like to cover under workers' compensation. The 2011 premium rate for mayors and council members is $ .24 per $100 of payroll. This rate is applied to the greater of either the official's actual salary or an imputed salary of $70 per week. Note: Coverage for elected officials requires a resolution passed by the City Council. Payroll Description Code Amount Elected Officials 9411 $ Members of Separate Administrative Boards: Please indicate if the City would be interested in covering members of separate administrative boards. Yes No If yes, please select any separate administrative boards the City would like to cover under workers' compensation. (This coverage includes Board Members only.) 1. Utility or utility commission 5. Welfare or public relief agency 2. Port authority 6. School board - 3. Housing and redevelopment authority 7. Joint powers board 4. Hospital or nursing home board or commission 8. Other Employees of Separate Administrative Boards: If the City has elected to cover specific Board Members above, the City can also choose to cover employees of those boards. Please indicate which type of quote the City would like: No quote for administrative board employees. Combined quote to include employees of both the administrative board and the City. Separate quote for employees of the City and each administrative board selected above. Volunteers: Attached to this Renewal Data sheet is a memo, Accident Coverage for City Volunteers. If the city would like to cover City volunteers, not designated as employees, and members of advisory boards and comittees, please review the memo that outlines . the various options. How does the city obtain a quote? Please complete the attached application and send to LMCIT. 4(b):3 (over) LM4684 (01 /11) League of Minnesota Cities Insurance Trust Group Self-Insured Workers' Compensation Plan 145 University Avenue West St. Paul, MN 55103 -2044 Phone (651)215 -4173 Information Page 1. The "City" RENEWAL Agreement No.: 0200005030 ST JOSEPH, CITY OF 25 1ST AVE. N.W., BOX 668 'City" is: x City ST. JOSEPH MN 56374 -0668 _ Joint Powers Entit! Other (describe) 2. The Agreement Period is from 12:01 a.m. 8/08/2010 to 12.01 a.m. 8/08/2011 at the "City's" address. 3. A. Workers' Compensation Coverage: Part One of the Agreement applies to the Workers' Compensation Law of any state of the United States of America and the District of Columbia. B. Employers Liability Coverage: Part Two of the Agreement applies to work in each state listed in item 3.A. The limits of our liability under Part Two are: Bodily Injury-Each Occurrence $1,500,000 Bodily Injury by Disease - Agreement Limit $1,500,000 C. Part Three of the Agreement applies to Infectious Disease Diagnostic Testing. D. Part Four of the Agreement applies to Peace Officers' Posttraumatic Stress Syndrome Benefit. E. This Agreement includes these amendments and schedules: LM4660(01/10) LM4670(01/10) LM4680(08/99) 4. Retro- rating option selected? Yes x No 5. Elected Officials Covered? Yes Boards and Commissions Covered (List) LM4681(01107) PARK BOARD, PLANNING COMMISSION & EDA 6. The premium for this Agreement will be determined by our Manuals of Rules, Classifications, Rates and Rating Plans. All information required below is subject to verification and change by audit. Premium Basis Rates Entries in this item, except as specifically provided Estimated Estimated Total Per $100 of Code elsewhere in this Agreement; Do not modify any of the Annual Annual Remuneration No. other provisions of the Agreement Premium Remuneration Agent: 203949310 799.84 90045 OMANN INSURANCE AGENCY LLC 305 E CEDAR ST PO BOX 608 ST JOSEPH MN 56374 SEE ATTACHED SCHEDULE FOR DETAILS Manual Premium 49083. Experience Modification .97 1472. Standard Premium 47611. Deductible Credit 7.5% 3571. Premium Discount 4048. Net Deposit Premium 39992. 4(b) :4 7/30/2010 LM4670 (12/99)(Rev.01 League of Minnesota Cities Insurance Trust Group Self- Insured Workers' Compensation Plan 145 University Avenue West St. Paul, MN 55103 -2044 (651)215 -4173 The "City' Agreement No.: 0200005030 Agreement Period From: 8/08/2010 ST JOSEPH, CITY OF To: 8/08/2011 25 1ST AVE. N.W., BOX 668 ST. JOSEPH MN 56374 -0668 CONTINUATION SCHEDULE FOR INFORMATION PAGE REMUNERATION RATE CODE DESCRIPTION EST. PREM 125895. 7.90 5506 STREET CONSTRUCTION 9946. 96515. 4.03 7520 WATERWORKS 3890. 84945. 3.45 7580 SEWAGE DISPOSAL PLANT 2931. POP 8880. 102.49 7718 FIREFIGHTERS(VOL)NON SMOKING 9101. 483965. 3.45 7721 POLICE -NON SMOKING 16697. 1500. 2.21 7722 POLICE RESERVES 33. 305890. .80 8810 CLERICAL OFFICE EMPLOYEES NOC 2447. 3000. 4.15 9016 SKATING RINK OPERATION 125. 82600. 3.65 9102 PARKS 3015. 4000. .58 9410 MUNICIPAL EMPLOYEES 23. 36395. .25 9411 ELECTED OR APPOINTED OFFICIALS 91. 13240. 3.84 7600 CABLE TV COMPANY 508. 3815. 3.65 9102 DUMPSTER HELPER 139. 54600. .25 9411 BOARDS COMMISSIONS 137. Manual Premium 49083. Agent: 203949310 90045 : OMANN INSURANCE AGENCY LLC 305 E CEDAR ST PO BOX 608 ST JOSEPH MN 56374 7/30/2010 4(b):5 LM4680 (8199) League of Minnesota Cities Insurance Trust Group Self-Insured Workers' Compensation Plan 145 University Avenue West St. Paul, MN 55103 -2044 Phone (651)215 -4173 DEDUCTIBLE ENDORSEMENT The "City" ST JOSEPH, CITY OF Agreement No.: 0200005030 25 1ST AVE. N.W., BOX 668 Agreement Period: ST. JOSEPH MN 56374 -0668 From: 8/08/2010 To: 8/08/2011 In consideration of the Estimated Deductible Premium, We agree with you that: I. This agreement is between you and us. It does not change the rights of others under this Agreement. 2. A Deductible Per Occurrence of $ 2,500.00 in medical benefits because of bodily injury arising out of any one accident or disease applies to this Agreement. The amount indicated above as a Deductible Per Occurence applies separately to each accident or disease, regardless of the number of people who sustain injury by such accident or disease. 3. We will pay the deductible amounts shown above for you but you must reimburse us within 30 days after we send you notice that payment is due. If you fail to fully reimburse us, we may cancel the Agreement as provided in Part Seven (Conditions), Section F. Cancellation, of the Agreement. We may keep the amount of unearned premium that will reimburse us for the payments we made. These rights are in addition to other rights we have to be reimbursed. 4. This endorsement applies only to the coverage provided by Part One -- Workers' Compensation Coverage of the Agreement. 5. We shall provide investigation, administration, adjustment and settlement services, and shall provide for the defense of claims or suits. 6. We have your rights and the rights of persons entitled to the benefits of this coverage to recover all advances and payments, including those within the deductible amount, from anyone liable for the injury or obligated to make payments regarding the injury. You will do everything necessary to protect those rights for us and to help us enforce them. If we recover any advance or payment made under this Agreement from anyone liable for the injury, the amount we recover will first be applied to any payments made by us in excess of the deductible amount paid. 7. Each Named City is jointly and severally liable for all deductible amounts under this Agreement. 8. All other terms of this Agreement, including those which govern (a) our right and duty to defend any claim, proceeding or suit against you, and (b) your duties if injury occurs, apply. Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, provisions, agreements or limitations of the above mentioned Agreement, other than as stated above. * Agency Name and Address 203949310 OMANN INSURANCE AGENCY LLC 305 E CEDAR ST PO BOX 608 ST JOSEPH MN 56374 4(b):6 LM4681 (11 /98) (Rev.01 i