City of Redmond Logo
Share to Facebook Share to Twitter Bookmark and Share
File #: AM No. 21-151   
Type: Consent Item Status: Passed
File created: 9/22/2021 In control: City Council
On agenda: 10/5/2021 Final action: 10/5/2021
Title: Approval of a Consultant Agreement with Arthur J. Gallagher & Co. for Healthcare Broker Services in the Amount of $110,000 Per Year
Attachments: 1. Agenda Memo, 2. Attachment A: General Services Agreement, 3. Exhibit D, Modifications
TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Human Resources
Cathryn Laird
425-556-2125

DEPARTMENT STAFF:
Human Resources
Nicole Bruce
Sr HR Analyst/Benefits Administrator


TITLE:
title
Approval of a Consultant Agreement with Arthur J. Gallagher & Co. for Healthcare Broker Services in the Amount of $110,000 Per Year


OVERVIEW STATEMENT:
recommendation
The City of Redmond provides a comprehensive benefits program to our employees. Our Healthcare Broker is an integral part of offering these benefits. The Healthcare Broker assists with benefits strategy and actuarial analysis, plan compliance, negotiation of rates and plan changes with benefit vendors, benefit education communication tools, eligibility management, and COBRA administration.
body

? Additional Background Information/Description of Proposal Attached


REQUESTED ACTION:

? Receive Information ? Provide Direction ? Approve


REQUEST RATIONALE:

* Relevant Plans/Policies:
N/A
* Required:
Council must approve any contracts $50,000 and over.
* Council Request:
N/A
* Other Key Facts:
N/A


OUTCOMES:
Approval of a broker contract will allow Human Resources staff to continue to partner with our broker to ensure the City has a competitive benefits package for employees that is compliant, cost effective and sustainable for employees and their families.


COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:

* Timeline (previous or planned):
N/A
* Outreach Methods and Results:
N/A
* Feedback Summary:
N/A


BUDGET IMPACT:

Total Cost:
The broker contract is anticipated to cost $110,000 per year. The contract is for two years with the ability to have two additional two-year renewals at the same cost per year for all six years.

Approved in current biennial budget: ? Yes ? No ? N/A

Budget Offer Number:
N/A

Budget Priority:
Responsible Government

Other budget impacts or additional costs: ? Yes ? No ? N/A
If yes, explain:
N/A

Funding sourc...

Click here for full text