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HomeMy WebLinkAboutItem 20 - Health Plan Administrative Services AgreementMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: MAY 20, 2014 SUBJECT: APPROVAL TO RENEW HEALTH PLAN ADMINISTRATIVE SERVICES AGREEMENT RECOMMENDATION: City Council to consider approval to renew an annual contract for third -party administrative services with UMR for the City's self- funded health plan. I�II�GIh[e�+�ili Funds are available in account 100 - 45674 -109 -1 (Health Insurance Premium) in the estimated amount of $310,000. The purpose of this contract is to establish annual pricing for third -party administration for the City's self- funded health plan. UMR has agreed to a three year, tiered renewal with a 1.3% increase this year; an increase of 1.57% in year 2; and an increase of 0.91% in the final year. UMR has provided these services to the City in the past with successful results. Administrative Services Director recommends approval. May 12, 2014 (9:43AM)