§ 10-9-106. MANAGING THE FUND.


Latest version.
  • The Director of Budget and Finance:

    (1)

    Is responsible for custody of the Fund including:

    (i)

    Receipt of annual appropriations by the county;

    (ii)

    Receipt of contributions by employees; and

    (iii)

    Investments and disbursements against billing;

    (2)

    Shall provide for the engagement of a health insurance contractor to provide administrative services and stop loss coverage for the health insurance coverages to be self-funded by the county; and

    (3)

    Is responsible for processing and approval for payment of all bills submitted by the health insurance contractor.

(1988 Code, §§ 15-299, 15-300) (Bill No. 77, 1991, § 1, 7-1-1991; Bill No. 141-93, § 1, 11-22-1993; Bill No. 69-95, § 6, 7-1-1995; Bill No. 49-96, § 9, 7-1-1996; Bill No. 83-00, § 2, 7-1-2004)