2011/05/11 Council Agenda Packet

• 2 • (b) Designated Account. The Plan Sponsor shall establish, and at all times maintain in strict compliance with all applicable federal and state laws, specifically including, without limitation, a central disbursement checking account (the "Designated Account"), and shall deposit in said Designated Account sufficient funds to pay: (i) all compensation and fees owing to HMA for services rendered hereunder; (ii) all benefits owing to Participants in accordance with the terms of the Plan; (iii) all premiums and fees owing by the Plan Sponsor to third parties for excess loss insurance, PPO arrangements and utilization review; and (iv) all other authorized costs and expenses incurred by HMA in performing its duties hereunder. 6. Plan Sponsor Requirements. (a) Duty to Provide Data to HMA. The City, as the Plan Sponsor and the Plan Administrator, acknowledges that the effective performance by HMA of the administrative services outlined herein will require that the City furnish various reports, information, and data to HMA. The City shall provide the following reports and information to HMA,together with such other data as HMA may from time to time request: (i) Identification and verification of individuals eligible for benefits under the Plan, kinds of benefits to which such individuals are entitled, date of eligibility and such other information as may be necessary for processing of benefit payments; (ii) Notification to HMA, on a monthly or more frequent basis, of all changes in participation whether by reason of termination, change in classification, new enrollment,or any other reason; and (iii) The number of employees and dependents covered under the Plan, collectively and separately classified by benefit coverage eligibility, enrollment, geographic area, age, sex, earning level, dependent coverage classifications, and in such other manner, as HMA shall require from time to time. (iv) The Social Security numbers for all employees and dependents covered under the Plan. (b) Duty to Provide Materials. The City, as the Plan Sponsor and the Plan Administrator, shall provide directly or through HMA, all materials, documents (including summaries for employees), reports, and notice forms, as may be necessary or convenient for the operation of the Plan, or to satisfy the requirements of governing law, as may be determined or prepared from time to time by HMA. Where distribution to employees is required, such materials shall HMA, Inc.TPA Agreement Page 5 8910-021910 16