HomeMy WebLinkAboutSummary FormFILE ID:
Date: 9/15/2006
AGENDA ITEM SUMMARY FORM
Q(— 6i-100
RE.6
Requesting Department: City-wide
Commission Meeting Date: 10/12/2006 District Impacted:
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance E Discussion Item
❑ Other
Subject: Health Benefit Consulti g Services and Actuarial Services
Purpose of Item:
It is respectfully recommended that the City Commission accept the recommendation of the City
Manager approving the finding of the evaluation committee pursuant to Request for Qualification No.
05-06-005, qualifying health benefit consulting services and actuarial services firms: Milliman Inc;
GRS-Gabriel Reader Smith & Company; Mercer Human Resource Consulting, and Aon Consulting
Inc; and, further authorizing the City Manager to neogtiate and execute agreements, on an as needed
basis with any of the above listed firms qualified under the categories of expertise as specified on
Attachment A, depending on the specific health benefit and/or actuarial needs of the City for a base
term of one year with the option to renew for four (4) additional one (1) year periods.
Background Information:
Health Benefit Services and Actuarial Services is needed to provided professional analysis of the
City's health benefit plans, on a monthly and quarterly basis. The City is self insured for health
insurance benefits and needs to constantly assess the performance of the different plans. The City's
Iargestaspect of its budget is in this area, and the constant monitoring of expenditures and services is
necessary to make sure that Third Party Administrators (TPA's) are complying with the different plan
designs. The actuarial services required include, but is not limited to, pension systems, health, dental
and life insurance, workers' compensation, disability, financial and budgetary analysis, plan design,
plan documents, litigation, and negotiation support for the City.
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasin r_ ' ' Y r-�
g � Dept. Director
Chief l City Manager
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