Discuss and Consider Possible Action to Award the Fiscal Year 2018 Group Insurance Bid for Employee Medical, Dental and Life Insurances and to Authorize the City Manager to Execute the Insurance Contract(s)
Group Benefits FY 17 (This file has not yet been converted to a viewable format)
To identify health plans that would better serve the needs of the city and its employee’s and to control city costs, while continuing to provide quality benefits to employees. The City currently pays 100% of the employee-only premium under AETNA base health, MET LIFE base dental and Life insurances. Gallagher Benefits Services, the city’s Insurance Broker, solicited bids from all the major insurance carriers.
This M&C will authorize the City Manager to execute the contract for the FY 2018 Group Health, Dental & Life Insurances and to continue to provide reputable and comprehensive insurance coverage to the City employees. The contract will be for the period October 1, 2017 to September 30, 2018. The City’s insurance broker, Gallagher Benefit Services, Inc. will serve as the City’s liaison with the insurer selected by Council.
SEE LEON VALLEY
Social Equity - Benefits are one of the tools utilized by the city to recruit quality employees. These quality employees strive to promote a superior quality of life by responding to citizens in a fair and prompt manner and provide outstanding public safety services.
Economic Development - By providing cost effective quality benefits to the city employees, the employees are better equipped to contribute to the diverse and versatile business environment that supports a healthy economy for the City of Leon Valley.
Environmental -All carriers provide extensive online tools for members and the plan sponsors, serving to decrease the use of paper resources.
The total cost for the City’s group insurance benefits for FY 2018 is $768,121.
|MOVER:||Benny Martinez, Mayor Pro Tem|
|SECONDER:||David Jordan, Council Place 5|
|AYES:||Benny Martinez, Belinda Ealy, David Jordan|