(a) Policy and purpose as to coverage. It is hereby declared to be the policy and purpose of this municipality to provide for all eligible employees and officials of the municipality, whether employed in connection with a governmental or proprietary function, a health insurance plan. In pursuance of such policy, and for that purpose, the municipality shall take such action as may be required by applicable state laws or regulations.
(b) Necessary agreements to be executed. The Mayor is hereby authorized and directed to execute all the necessary agreements and amendments thereto with the insurance system as agent, to secure coverage of employees and officials as provided in the preceding section.
(c) Withholdings from salaries and wages. Withholdings from the salaries or wages of employees and officials for the purpose provided in subsection (a) above are hereby authorized to be made in the amounts and at such times as may be required by applicable state law or regulation, and shall be paid over to the insurance agency designated by such law or regulations.
(d) Appropriations for employer’s contributions. There shall be appropriated from available funds such amounts at such times as may be required by applicable state laws or regulations for employer’s contributions, and the same shall be paid over to the insurance agency.
(e) Records and reports to be made. The municipality shall keep such records and make such reports as may be required.