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Regular City Council Meeting <br />August 26 , 2003 <br />Page 6 <br />After discussion, Mayor Fendley said that they can discuss this with Campbell <br />Soup and clarify that with them. <br />Mayor Fendley said he would like to discuss employment benefits regarding <br />health coverage. He said that the city has gone from paying $290.00 per <br />employee to $500.00 per employee. He said he did not see how they can <br />budget this type increase. The Mayor said there could be a happy medium in <br />there somewhere. They need to decide what number the city is going to pay <br />per employee, such as $450.00 or $425.00, and then go back and look at our <br />plan and possibly change benefits. He said that is what everyone is doing. <br />They are either reducing their benefits or employees are participating in the <br />cost. If you cut it to $425.00 or $450.00 there would be a$300,000.00 savings. <br />He said he would rather do that and give another 1% raise than look at the <br />figure on the health benefit side because some people do have high medical <br />costs. Mayor Fendley said he would like to see some numbers run on that, and <br />set that money aside in the contingency fund and see what they can find in a <br />benefit plan. <br />Mayor Fendley said that he had checked with the hospital here and they had to <br />do the same thing. They were on a self-funded plan and they have gone to <br />where the employees have the 90/10 plan they pay 25% of that and if they want <br />to go with the 80/20% plan, the cost is different. <br />Mr. Anderson said he was expecting preliminary numbers any day now from <br />TML. He advised that he had asked them to look out of the network and asked <br />them to look at 80% in and 50% out. Mayor Fendley said that the largest <br />savings are your co-pay and drug card. He would like to see some numbers on <br />that. <br />Councilman Plata said he would like to take a look at the 2 for 1 on the pension <br />plan and see if something could be cut down some, even ifyou go down to 10% <br />where it is 12%. He would like to see the savings that it would produce. <br />Councilman Plata said that is still high compared to what businesses are paying <br />