Title
Resolution to Approve the Amendment and Renewal of the City's Contract with Blue Cross Blue Shield of Michigan to Provide Administrative Claims Processing Services for the City's Health Care Plan on Behalf of Employees and Retirees and Their Dependents, and to Authorize the City Administrator to Execute the Necessary Documentation ($1,595,344.00)
Memorandum
The attached Resolution authorizes the City Administrator to execute the amendment and renewal of the City's contract for administrative claims processing services for the City's health care plan. Blue Cross Blue Shield of Michigan will continue to provide administrative claims processing services for the City's health plan for the period of January 1, 2018 through December 31, 2018.
Budget/Fiscal Impact: The necessary funds were appropriated as part of the FY18 approved budget through June 30, 2018. Required funding for the portion of the contract term from July 1, 2018 through December 31, 2018 will be budgeted in the FY19 budget. The estimated annual cost for the calendar year of this employee benefit is $1,595,344.00.
The Blue Cross Blue Shield Community Blue Preferred Provider Network (or its equivalent) is provided for under our current labor agreements and our employee benefits program. This contract continues services now in effect.
The overall costs for the program will fluctuate monthly depending both on the number of employees and retirees enrolled in the program during any given month, and the amount of incurred claims actually paid during any given month.
The benefit coverage levels will remain the same for the FY18 and FY19 as currently underwritten.
Staff
Prepared by: Jessica Hull, Employee Benefits Supervisor
Reviewed by: Robyn Wilkerson, Director of Human Resources & Labor Relations
Sponsored by: Mayor Christopher Taylor
Body
Whereas, The City provides health care coverage to City employees, their eligible dependents, and retirees and their eligible dependent...
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