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4Pti <br /> � iLS/'ETT <br /> RESOLUTION NO. 4022 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EVERETT <br /> ESTABLISHING THE AUTHORITY TO SELF-INSURE EMPLOYEE HEALTH <br /> BENEFITS <br /> WHEREAS, the State of Washington in accordance with RCW Chapter 48.62 <br /> has provided the authority for cities in Washington to self-insure their employee <br /> health benefit programs; and <br /> WHEREAS, the City has secured the advice and assistance of consultants <br /> expert in the field and has determined that the City has a funding mechanism <br /> which will meet the expected paid claims, administrative costs and any <br /> catastrophic claims; and <br /> WHEREAS, the rates of contribution to said plan have been determined by <br /> professionals in the insurance industry; and <br /> WHEREAS, all other requirements of State law have been satisfied with regards <br /> to making a determination to self-insure employee health benefits. <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EVERETT DOES <br /> HEREBY RESOLVE: <br /> Section 1: That a self-insurance program with regard to employee health <br /> benefits is in the best interest of the City and its employees, and is hereby <br /> authorized and shall be effective January 1, 1995. <br /> Section 2: The City staff shall report - to the status of the City's self- <br /> insurance program at least annually. <br /> / . ✓/A <br /> 1 <br /> Co ncilperson Introducin•'Resolution <br /> Passed and approved this 2nd day of November , 1994. <br /> "PP '1"1111.11341 <br /> Council Preside <br /> C-WINWORD\DOCS941AUTH.DOC <br />