Page 72 - Grapevine FY19 Operating Budget

Fiscal Services - Risk Management
100-109-001

Expenditures By 2015-16 2016-17 2017-18 2017-18 2018-19
Major Object Actual Actual Budget Estimate Approved

Personnel Services 219,825 235,427 243,550 243,063 264,579
Supplies 14,804 17,880 12,900 12,874 14,900
Services 130,432 147,925 129,900 129,640 129,900
Insurance 11,491,277 14,126,946 12,576,663 12,551,510 8,860,466

Total 11,856,338 14,528,178 12,963,013 12,937,087 9,269,845

Objectives
- Initiate self-funded Workers Compensation Program to reduce costs and effectively manage employee injuries
- Direct the City's self-funded major medical health plan for employees and their families

- Implement new plan design for HSA and HRA programs in the City's self-funded health plan.
- Manage prescription benefit plan
- Manage and direct expansion of the SIR liability and property protection program.
- Reduce legal and expert witness fees by contracting with excess liability carriers and third parties.
- Provide LTD insurance for employees and their families while stabilizing premiums.
- Provide cost effective life insurance for City employees and their families.

- Continue Citywide HIPAA program and privacy compliance office.

2015-16 2016-17 2017-18 2017-18 2018-19
Performance Indicators Actual Actual Budget Estimate Approved

Paid liability claims vs. total claims 51% 18% 30% 20% 30%
Recover subrogation revenue $143,364 $127,068 $110,000 $60,000 $130,000
Vehicle accidents 22 23 25 25 28
Fleet accidents as percentage of total fleet 5% 7% 7% 7% 7%
Worker's Compensation:
Texas Standard premium states rated $1,250,195 $1,292,149 $1,292,149 $1,385,711 $1,342,000
Experience rated discounted premium $280,114 $279,174 $279,174 $288,298 $352,000
Experience rates W/C premium savings $970,081 $1,012,975 $1,012,975 $1,097,413 $990,000
Expereince Modifier 0.28 0.27 0.27 0.26 0.29
Worker's Compensation Injuries:
Medical only injuries 40 40 30 28 35
Medical only injuries to total staff 4% 5% 6% 6% 5%
Lost time injuries 11 17 15 15 15
Lost time injuries to total staff 3% 4% 2% 2% 2%

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