INSURANCEAPPROVED

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City of Renton Approves Employee Group Medical Insurance Agreement

Monthly premiums per Member per Premium Schedule; Out-of-pocket Limit: $2,000/member or $4,000/family per yearCity of RentonKAISER FOUNDATION HEALTH PLAN OF WASHINGTONJanuary 1, 2024

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Description

City of Renton has entered into a group medical coverage contract with Kaiser Foundation Health Plan of Washington, providing health insurance coverage for its employees starting January 1, 2024. Premiums are paid monthly according to the current Premium Schedule, with coverage continuing until terminated or renewed as described in the agreement.

Contract Details

Contract Amount

Monthly premiums per Member per Premium Schedule; Out-of-pocket Limit: $2,000/member or $4,000/family per year

Vendor

KAISER FOUNDATION HEALTH PLAN OF WASHINGTON

Agency

City of Renton, WA

Contract Type

INSURANCE

Document Date

January 1, 2024

Contract Term

Effective January 1, 2024; continues until terminated or renewed as provided for in the Agreement (guaranteed renewable)

Renewal Date

2025-01-01

Renewal Info

Premium rates may be revised annually as part of the renewal process; contract is guaranteed renewable unless terminated for nonpayment, misrepresentation, underwriting guidelines, or legal/regulatory changes. Either party may terminate with appropriate written notice as specified in the agreement.

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