ContractThird Party Administration Services Agreement • October 7th, 2021
Contract Type FiledOctober 7th, 2021Purchasing Notes Event #8739 Title: Self- Funded Health Plan ThirdParty Administration Services Cost: $310,935.00 Type of Procurement: Sole Source Annual Contract ☒Annual Maintenance Agreement ☐ One Time Purchase ☐ Contract Term (If Applicable)Contract term expires on December 31, 2022 S/DBE (If Applicable)N/A Matrix (If Applicable)N/A Notes Recommend approval to award an annual contract for self-funded health plan third party administration services to Health Plans, Inc. in the amount of $310,935.00. The Human Resources uses this contract is to provide self-funded health plan third-party administration (TPA) for medical claims processing, COBRA administration, and various plan administration services. The City offers a self-funded health plan for eligible active employees, pre-65 retirees, and eligible dependents. The plan covers approximately 5000 employees, retirees, and dependents. This contract will go into effect January 1, 2022. The current vendor is UMR. Three vendors that resp