Township Council Meeting — Packet

Township of West Orange Run Date: 09/26/25 2025 Budget Hearing Date 74/2025 Dept #: 2532 Department: Health Insurance Budget Revised 7114/2025 Council Vote 2024 Budget 2025 Budget Object Final 2024 Paid or Charged Budget Increase / Recommended Increase / Introduced Increase / Adopted Code Account Name Budget 12/31/2024 Request (Decrease) Budget (Decrease) Budget (Decrease) Budget (010 RETIREE HB CLAIMS 5,147,177.28 5,363,024.05 | _5,456,007.92 + 5,456,007.92 5,456,007.92 5,456,007.92 O15 RETIREE ADMIN HB CLAIMS 660,000.00 549,150.00 {699,600.00 699,500.00 699,600.00 699,600.00 (016 MEDICARE ADVANTAGE 2,060,160.00 2,143,680.00| _2,183,769.60 2,183,769.60 2,183,769.60 2,183,769.60 (017 RETIREE MEDICARE B 590,000.00 : 625,400.00 tt 625,400.00 625,400.00 625,400.00 (018 RETIREE PRESCRIPTION 1,475,731.80 1,431,222.02 | 1,564,275.71 1,564,275.71 1,564,275.71 1,564,275.71 (027 RETIREE HB REIMBURSEMENT 50,000.00 = 53,000.00 t 53,000.00 53,000.00 53,000.00 (030 EMPLOYEE HB CLAIMS 5,495,257.02 4,788,404.07 |_5,824,972.44 5,824,972.44 5,824,972.44 §,824,972.44 (031 EMPLOYEE O-O-N ADMIN FEE : - : - = 2 (033 EMPLOYEE EXCESS CLAIMS - zi = : = = (034 EMPLOYEE EXCESS PYMNTS. = : ~ : - : (035 EMPLOYEE ADMIN HB CLAIMS. 639,470.83 665,584.39 677,839.08 ri 677,839.08 677,839.08 677,839.08 (037 EMPLOYEE HB WAIVER REIMBURSEMENT 425,000.00 421,727.77 450,500.00 450,500.00 450,500.00 450,500.00 (038 EMPLOYEE PRESCRIPTION BENEFITS 1,700,000.00 1,344,562.11| — 1,802,000.00 1,802,000.00 1,802,000.00 1,802,000.00 (039 EMPLOYEE DENTAL BENEFITS. 183,190.20 360,908.74 194,181.61 ft 194,181.61 194,181.61 194,181.61 040 EMPLOYEE CONTRIBUTION (2,891,239.80)]_(4,891,239.80)| _ (2,223,183.84)| (2,223,183.84) (2,223,183.84) (2,223,183.84)| 058 LIB RET PRESCRIPTION (REIMBURSED) : - (070 LIB EMPLOYEE HB CLAIMS (REIMBURSED) : : 071 LB EE O-O-N ADMIN FEE < : = 080 LIB EE CONTRIBUTION : - (090 OTHER HB CLAIMS. = 16,195.68 = (095 OTHER ADMIN HB CLAIMS = 26,787.47 = Department Total 16,534,747.33| _15,220,006.50 | _17,308,362.52 =| 17,308,362.52 : 17,308,362.52 =_|_17,308,362.52 92% 4.68% 4.68% 4.68% 4.68% Explanation for Significant Increases/Decreases: 1,314,740.83 773,615.19 773,615.19 773,615.19 y) 2 3) 5) 6) 7) 8) 9) 10) AREER EAR E REESE REE EERE EERE EERE EE ET EEE ES EERE NEESER ES ESSERE EEA AM REE EEE 19851447 17628263