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HomeMy WebLinkAboutRES 091421-P - Self-funded Med ProgramRESOLUTION NO. Z.l --P A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, AWARDING CONTRACTS FOR SELF -FUNDED MEDICAL PROGRAM ADMINISTRATION SERVICES, VOLUNTARY VISION BENEFITS, VOLUNTARY LIFE AND AD&D INSURANCE COVERAGE, FLEXIBLE SPENDING ACCOUNT ADMINISTRATION, AND COBRA ADMINISTRATION, AND AUTHORIZING THE CITY MANAGER TO ENTER INTO SUCH CONTRACTS ON BEHALF OF THE CITY. WHEREAS, the City Council has determined that it is appropriate to accept the following health benefit coverage proposals: Item A: Award a contract to United Healthcare in the estimated amount of $369,820 to administer the City's self -funded medical program for one (1) year with the option to renew for four (4) additional one- (1-) year terms and authorize the City Manager to negotiate and sign renewals as long as such renewals do not deviate more than 7% of the initial per employee per month contract price. Item B: Award a contract to United Healthcare for voluntary vision benefits for one (1) year with the option to renew for two (2) additional one- (1-) year terms, and authorize the City Manager to negotiate and sign renewals as long as such renewals do not deviate more than 7% of the initial per employee per month contract price. Item C: Award a contract to MetLife for voluntary life and AD&D insurance coverage for two (2) years with the option to renew for three (3) additional year (1-) year terms and authorize the City Manager to negotiate and sign renewals as long as such renewals do not deviate more than 7% of the initial per employee per month contract price. Item D: Award a contract to United Healthcare in the estimated amount of $5,000 for flexible spending account administration for one (1) year with the option to renew for four (4) additional one- (1-) year terms and authorize the City Manager to negotiate and sign renewals as long as such renewals do not deviate more than 7% of the initial per employee per month contract price. Item E: Award a contract to United Healthcare in the estimated amount of $5,000 for COBRA administration services for one (1) year with the option to renew for four (4) additional one- (1-) year terms and authorize the City Manager to negotiate and sign renewals as long as such renewals do not deviate more than 7% of the initial per employee per month contract price. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS: 00009973 v3 EMAREK I HR I GENERAL 18121120181 SECTION ONE. The facts and recitations contained in the preamble of this Resolution are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. SECTION TWO. The City Council hereby approves the awards of the contracts listed above in Items A, D, and E, with three- (3-) year rate guarantees. The City Council hereby approves the award of the contract in Items B and C with two- (2-) year rate guarantee. SECTION THREE. The City Council hereby authorizes the City Manager to negotiate and sign renewals for Items listed in A, B, C, D, and E, as long as such renewals do not deviate more than 7% of the per employee per month contract price. SECTION FOUR. This Resolution shall become effective on the da iYy of 2021. PASSED AND APPROVED on the day of 2021. ATTEST: CITY OF GEORGETOWN. TEXAS By: Robyn Densmore, City Secretary J�k Schroeder, APPROVED AS TO FORM: Skye Nfasson, kity Attorney f00009973 / V3 / EMAREK / HR / GENERAL / 8/21/2018)