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Alliant Employee Benefits 3/9/2020
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Alliant Employee Benefits 3/9/2020
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Last modified
4/13/2020 9:46:14 AM
Creation date
4/13/2020 9:46:00 AM
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Contracts
Contractor's Name
Alliant Employee Benefits
Approval Date
3/9/2020
Council Approval Date
3/4/2020
End Date
8/31/2022
Department
Human Resources
Department Project Manager
Kandy Bartlett
Subject / Project Title
Ongoing health benefits consulting services
Tracking Number
0002261
Total Compensation
$254,679.00
Contract Type
Agreement
Contract Subtype
Professional Services
Retention Period
6 Years Then Destroy
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ATTACHMENT A <br /> Description of Services/Scope of Work <br /> Plan Administration <br /> The Contractor shall provide insurance brokerage and advisory services associated with employee benefit <br /> plans. services to be provided include: <br /> 1. Assist the City in administering group insurance plans,responding to questions from and <br /> providing information to staff representatives, settling claim disputes and other oversight services <br /> during the course of the programs. <br /> 2. Represent the City in negotiations with carriers on all issues,including those related to <br /> premiums,benefit levels,plan design and special terms and conditions. <br /> 3. Meet with and provide reports to various City representatives,when requested by the City, <br /> including the City Council, City administration, employee groups and City staff. <br /> 4. On an annual basis,review benefit plan designs,recommend and provide information on plan <br /> design changes including any mandated design changes and provide assistance with annual <br /> open enrollment communication pieces. <br /> 5. Act as an intermediary on the City of Everett's behalf with the underwriting community and <br /> marketing activities,analyzing options and proposing recommendations. <br /> 6. Assist the City in plan design, financial analysis and implementation for state mandated retiree <br /> coverage. <br /> Financial Analysis,Monitoring and Planning <br /> 1. Assist in the development of a long-term strategic plan for the benefits program which includes <br /> objectives and initiatives to reduce and control health plan expenditures while retaining a <br /> competitive benefits program. <br /> 2. Provide an ongoing actuarial analysis of plan financial experience,claims experience and future <br /> funding requirements as a basis for the strategic plan development. <br /> 3. Provide annual,quarterly and monthly analyses and reporting that includes: <br /> • Claims,enrollment,and demographic data collection <br /> • Claims experience(actual versus expected) <br /> • Analysis of historical data to develop and validate trends <br /> • Analysis of utilization and contracted savings in the PPO self-insured plan option <br /> • Calculation of appropriate reserve levels for self-insured plan options on an ongoing basis <br /> • Calculation of prospective employee contributions <br />
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