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RESOLUTION NO. 5,949
A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS
FOR HOSPITALIZATION INSURANCE FOR CITY EMPLOYEES; AND FOR OTHER
PURPOSES
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK,
ARKANSAS:
SECTION 1. The City Manager is hereby authorized to extend an agreement
with the American National Insurance Company of Galveston, Texas to be serviced
through the Arkansas Municipal League whereby hospitalization insurance will
be provided for all active employees of the City of Little Rock with premium
costs at a monthly rate effective July 1, 1978, not to exceed $24.57 per employee
being paid by the City of Little Rock. Cost for dependent coverage to be paid
by the employee will be $36.54.
SECTION 2. The City Manager is hereby authorized to execute the following
modifications to the hospitalization insurance plan with the American National
Insurance Company: increase the Basic plan deductible to $50; increase Major
Medical plan maximum to $100,000; change Major Medical Co-insurance to 100%
after $5,000 of benefits are paid in a calendar year; increase Major Medical
Conversion Multiplier to 12 points.
SECTION 3. Competitive bidding for hospitalization insurance for purposes
of extending the present policy is hereby waived.
SECTION 4. This Resolution shall be in full force and effect from and
after its adoption.
ADOPTED: June 6, 1978
ATTEST: ajr(,L (4c42,' APPROVED: c)tia,.. el\kgL
City Clerk Mayor
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