HomeMy WebLinkAboutRES 121322-5.P - Stop Loss Insurace ContractRESOLUTION NO. 11-OZZ5--P
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, AWARDING THE
CONTRACT FOR STOP LOSS INSURANCE COVERAGE
AND AUTHORIZING THE CITY MANAGER TO ENTER
INTO SUCH CONTRACT ON BEHALF OF THE CITY.
WHEREAS, the City Council has determined that it is appropriate to accept the
following benefit coverage proposal: Award a contract to United Healthcare in the estimated
amount of $1,255,248 assuming an average monthly headcount of 690 for medical stop -loss
insurance coverage for 1 calendar year.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
Section 1. 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 2. The City Council hereby approves the award of the contract listed above.
Section 3. The City Council hereby authorizes the City Manager to negotiate and sign the
final contract.
Section 4. The City Council hereby authorizes the City Manager to negotiate and sign
renewals of the above contract as long as such renewals do not deviate more than 8% of the
initial per employee per month contract price.
Section 5. The Mayor is authorized to sign the Resolution and the City Secretary to
attest.
Section 6. This Resolution shall become effective and be in full force and effect on the
13th day of December, 2022.
PASSED AND APPROVED this 1 51k day of December 2022.
ATTE TH7os
By: By:
Robyn D nsmore, City Secretary
APPROVED AS TO FORM:
By:
'Skye asson, City Attorney
GEORGETOWN:
, Mayor
Resolution No. 7-LS U g. R Page 1 of 1
Awarding the Contract for Stop Loss Insurance Coverage
December 13, 2022