HomeMy WebLinkAboutItem 13 - Vision Plan MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: JULY 20, 2021
SUBJECT: APPROVAL FOR CONTRACT RENEWAL WITH VSP FOR VISION
INSURANCE PLAN
RECOMMENDATION: City Council to consider approval to renew contract with VSP for vision
insurance.
FUNDING SOURCE: Funds are available in General Fund (Insurance) in the estimated annual
amount of$152,000.
BACKGROUND: The City of Grapevine offers vision insurance to all benefit eligible
employees and their eligible dependents. The plan is currently with VSP
and they have offered to renewal the plan with no rate increase.
VSP's network includes 76,000 independent providers and 22,000 retail
locations. VSP has agreed to a two-year contract with no rate increase.
City staff reviewed the proposal options and determined that VSP's
current plan would continue to provide the best service and pricing for
meeting the needs of the City.
Staff recommends approval.
GJ