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HomeMy WebLinkAboutResolution 13-068-CC, , I ' BOARD OF COUNTY COMMISSIONERS i Grant County,dVashington � � i RESOLUTTON RECOGNIZING ) RESOLUTION NO. 13-v�-CC ! ESTABLISHMENT OF ADDITIO1�iAL ) , CONTINGENCY FEE RESERVE CONCERNING ) � THE SELF-INSURANCE PROGRAM FOR � ! GRANT COUNTY'S GROUP EMPLOYEE � � MEDICAL INSiJRANCE PLAN i ) , ; RECITALS: ' i � WHEREAS, pursuant to chapter 48.62 RCW, local government entities, including Grant ! County, have the authority to establish individual, local government, self-insured employee � medical insurance programs; and WHEREAS, the Board of County Commissioners ("BOCC"), as the duly elected � governing body of the Grant County, is the "governing body" of Grant County within the ! contemplation of chapter 48.62 RCW; and WHEREAS, the BOCC found and determined that a self--insured employee medical �I insurance program would be more cost effective than a fully insured model concerning provision ' of inedical benefits to Grant County officials, officers and employees, the same set forth in ' Resolution No. 03-162-CC; and. �I � WHEREAS, the BOCC found and determined that a self-insured employee medical � insurance program would provide more advantages to Grant County and its officials, officers and � employees, than a fully insured model, including without limitation, more control over plan j administration, lower administrative charges by the insurance company, fewer State regulatory � I impacts and, elimination of the State premium tax, the same set forth in Resolution No. 03-162- i CC; and � WHEREAS, Grant County created a management and operation plan for its self insured employee medical insurance program, with such plan being consistent with the Washington State , Risk Manager's adopted rules and containing statutorily requirad information, the same set forth � in Resolution No. 03-162-CC; and WHEREAS, Grant County obtained the written approval of the Washington State Risk Manager of its plan of management and operation of its self-insured employee medical insurance j program, the same set forth in Resolution No. 03-162-CC; and � .� WHEREAS, Grant County provided the Washington State Auditor's Office with a copy ' of its plan of management and operation of its self-insured employee medical insurance program, �� the same set forth in Resolution No. 03-162-CC; and � RESOLUTION RECOGNIZING ESTABLISHMENT OF ADDITIONAL CONTINGENCY FEE RESERVE Page 1 of 3 I � ' I • I ,i i WHEREAS, it was recognized that the BOCC or its designee, was duly authorized to execute the necessary documents to implement the self-insured employee medical insurance program for Grant County, effective January 1, 2004, the same set forth in Resolution No. 03- 162-CC; and WHEREAS, the BOCC, or its designee, was authorized and directed to execute any and all documents necessary to purchase excess loss insurance for the self-insured medical program to be effective January 1, 2004, to protect against catastrophic losses, the same set forth in Resolution No. 03-162-CC; and WHEREAS, the BOCC, or its designee, was authorized and directed to execute any and all documents necessary to contract with a third party administrator to perform the claim administration and related services for the self-insured medical program effective January 1, 2004, the same set forth in Resolution No. 03-162-CC; and WHEREAS, the BOCC, or its designee, was authorized to take necessary action, and did take such action for the purpose of implementing a self-insured employee medical insurance program for Grant County, the same set forth in Resolution No. 03-162-CC and WHEREAS, pursuant to the Washington Administrative Code (WAC) 200-110- 040(1)(a), through statutory authority Chapter 48.62 RCW, individual programs which self- insure medical benefits are required to establish program reserves in an amount equal to eight weeks of program expenses; and WHEREAS, such program reserves as required by WAC 200-110-0�0(1)(a) were established in or about January, 2004; and WHEREAS, the Grant County Treasurer was authorized to establish and maintain a dedicated claim payment fund and to dedicate reserve funds for the self-insured medical program; and WHEREAS, pursuant to WAC 200-110-040(1)(c), through statutory authority Chapter 48.62 RCW, individual programs which self-insuxe medical benefits are provided with an opportunity to establish an additional contingency reserve an amount equal to at least eight weeks of program expenses, such opportunity presented as an alternative to a different amount approved by the State Risk Manager; and WHEREAS, it is the desire and direction of the BOCC to establish such additional contingency reserve an amount equal to at least eight weeks as set forth in WAC 200-110- 040(1)(c); and WHEREAS, current Grant County fund balances are adequate to fully fund all reserve accounts for a self-funded program as set forth and referenced herein. RESOLUTION RECOGIVIZING ESTABLISHMENT OF ADDITIONAL CONTINGENCY FEE RESERVE Page 2 of 3 i . i • i � �� NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE GRANT COUNTY � BOARD OF COUNTY COMMISSIONERS, as follows: � Section 1: The BOCC has found and determined that an additional contingency reserve an ; amount equal to at least eight weeks as set forth in WAC 200-110-040(1)(c) shall be established. � Section 2: A copy of this Resolution was provided to the Washington State Auditor's Office for review and/or approval prior to its enactment. Section 3: The BOCC or its designee, is duly authorized to execute the necessary documents take necessary action to establish such additional contingency reserve as set forth in WAC 200- � 110-040(1)(c). � Section 4: The Grant County Treasurer is authorized to establish and maintain such ; additional contingency reserve as set forth in WAC 200-110-040(1)(c). � FURTHER, PROVIDED: If any provision contained within this resolution, or its application ; to any person, party or circumstance is held invalid, the remainder of this resolution or the � application of provisions to other persons, parties or circumstances, shall not be affected. PASSED AND ADOPTED this 1'�'' day of ���2�� , 2013. BOARD OF COUNTY COMMISSIONERS G ' NT COU '�- WASHINGTON indy Ca ter, Chair � �.��li'L���2�.,�Li�.-- _� Carolann Swartz, V' e Chair Richard Stevens, Member B � � --./ Barb a J. Vasquez Cl rk the Board RESOLUTION RECOGNIZING ESTABLISHMENT OF ADDITIONAL CONTINGENCY FEE RESERVE Page 3 of 3