SUBJECT:
Title
Request Approval of Firefighter Cancer Presumption Policy Renewal for FY 2025 (Budget Impact - Expenditure of $97,398)
Body
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INITIATOR: |
DEPARTMENT: |
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James Banta, Fire Chief |
Fire Rescue |
DESCRIPTION/BACKGROUND:
Marion County Fire Rescue is requesting to renew a Firefighter Cancer Presumption Policy pursuant to the Florida Firefighter Cancer and Death Benefit Laws. The policy premiums are being funded out of the Fire Rescue Fund and paid out of the Insurance Fund. The Fire Rescue Fund will cover 100% of the premium.
This Renewal establishes the Firefighter Cancer Policy that will provide coverage for Firefighters who meet the statutory requirements if an eligible diagnosis is received after the insurance policy effective date. This premium is for the policy for coverage starting 10/01/2024 to 9/30/2025, and we will renew on an annual basis. The future cost for the policy is subject to change per number of covered personnel fulfilling the statutory requirements.
Additionally, per 112.1816 Florida Statutes, a Firefighter may elect to receive a one-time lump sum payout in the amount of $25,000 in lieu of filing a Workers’ Compensation claim. Employees must meet certain statutory requirements to be deemed eligible to receive said payout.
BUDGET/IMPACT:
Expenditure of $97,398
RECOMMENDED ACTION:
Recommended action
Motion to approve the estimated Firefighter Cancer Presumption Policy Renewal in the amount of $97,398 and to authorize Budget to update the FY 2025 Proposed Budget as necessary and authorize Risk and Benefit Services to execute the required documents.
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