Int 0393-1998

Be it enacted by the Council as follows: Section 1. Paragraph (1) of subdivision b of section 12-126 of the administrative code of the city of New York is hereby amended to read as follows: (1) The city will pay the entire cost of health insurance coverage for city employees, city retirees, and their dependents, not to exceed one hundred percent of the full cost of H.I.P.-H.M.O. on a category basis. Where such health insurance coverage is predicated on the insured's enrollment in the hospital and medical program for the aged and disabled under the Social Security Act, the city will pay the amount set forth in such act under 1839(a) as added by title XVIII of the 1965 amendment to the Social Security Act; provided that such amount shall not exceed the sum of nineteen dollars and fifty-three cents per month per individual for the period beginning January first, nineteen hundred eighty-eight and ending December thirty-first, nineteen hundred eight-eight, and provided further however that such amount shall not exceed the sum of twenty-seven dollars and ninety cents per month per individual for the period beginning January first, nineteen hundred eighty-nine and ending December thirty-first, nineteen hundred ninety-one, and provided further that such amount shall not exceed the sum of twenty-nine dollars per month per individual [effective] for the period beginning January first, nineteen hundred ninety-two and ending December thirty-first nineteen hundred ninety-five. Provided further, that such amount shall not exceed the sum of thirty-two dollars per month per individual effective January first, nineteen hundred ninety-six[.], and provided further however that such amount shall not exceed the sum of forty-three dollars and eighty cents per month per individual for the period beginning January first, nineteen hundred ninety-eight and ending December thirty-first, nineteen hundred ninety-eight. Beginning on January 1, 1999 and on January first every year thereafter, the City shall fully reimburse covered employees in an amount equal to the Medicare Part-B premium rate for that year. �2. This local law shall take effect immediately. JD:rd PC-MW LS586 - 3rd - 2 -