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| January 28, 2021 City Council Regular Meeting | |
| Title 15. Authorize the City Manager to Execute a Contract Renewal for Medical Claims Administration Services for the City's Health Plan with HealthScope in the Amount of $742,000(Event No. 8225) | |
| Strategic Priority Good Government | |
| Description Recommend approval to renew an annual contract for self-funded health plan third-party administration services with HealthSCOPE in the estimated amount of $742,000. The City offers a self-funded health plan for eligible active employees, pre-65 retirees and eligible dependents. The plan covers approximately 5,000 employees, retirees and dependents. HealthSCOPE Benefits currently processes and manages claims for the City. The estimated annual cost for these services is $742,000 and is based on the number of employees and retirees enrolled in the medical plan. S.S. HealthSCOPE (Little Rock, AK)(D) $742,000 (D) Indicates non-local, non-DBE owned business | |
| Recommendation Approval | |
| Contact Jeff Grant, Director of Human Resources | |
| Financial Impact Expenditure of $470,000 from the Risk Management Fund | |
| Review Comments | |
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Attachments Exhibit 1: Purchasing Summary - Self Funded TPA Services.pdf Exhibit 2: Funding Verification - Self Funded TPA Services .pdf |
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