Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Authorizing The Appropriate City Officials To Execute Agreements Between Cigna And The City Of Hollywood For Medical & Prescription Drug Administration, Dental Administration; P & A Group For FSA And HRA Administration; VSP For Vision Insurance And The City Of Hollywood For A Not To Exceed Amount Of 110% Of $919,930.00 Annually.
Body
Staff Recommends: Approval of the attached Resolution
Explanation:
A Request for Proposal was issued in August 2016, by the City’s Benefits Consultant, the Gehring Group, to 47 third party administrators (TPA) and insurance carriers seeking proposals for medical and prescription drug administrative services, dental administrative services as well as flexible spending account (FSA) administration and vision insurance. After careful review, it was determined that Cigna offered the most competitive medical and prescription drug administration proposal based on pricing and contract terms
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
George R. Keller, Assistant City Manager for Finance & Administration/Interim Director of Financial Services Department
Tammie L. Hechler, Director of Human Resources/Interim Director of Labor Relations