Funds of the Self-Insured Health Benefits Trust shall be expended solely for payment of claims incurred in accordance with any self-insured medical benefits plan, administration of any such plan and the Self-Insured Health Benefits Trust, overhead and indirect costs allocated by the city to the self-insured medical benefits plan and the trust, wellness programs benefitting city employees participating in the self-insured medical benefits plan and their dependents, and other purposes of the trust as approved by the trustees. The trustees shall adopt an annual budget for the trust, including the administrative costs of administering the trust and the plans, as well as benefit and reinsurance costs.
(Ord. No. 11628, § 8, 3-5-19)