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KEENAN & ASSOCIATES (3)
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KEENAN & ASSOCIATES (3)
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Last modified
8/20/2024 11:38:42 AM
Creation date
6/14/2021 9:14:16 AM
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Contracts
Company Name
KEENAN & ASSOCIATES
Contract #
A-2021-081
Agency
Human Resources
Council Approval Date
6/1/2021
Expiration Date
6/30/2022
Insurance Exp Date
11/6/2023
Destruction Year
2027
Notes
For Insurance Exp. Date see Notice of Compliance
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EXHIBIT A-1 <br />BROKERAGE AND CONSULTING SERVICES <br />Consultant shall provide Health Benefits Brokerage and Consulting Services and be a Broker of <br />Record for the City's employee insurance benefits. The City is particularly interested in <br />Consultant to offer creative, innovative approaches, with a proven track record, that allows the <br />City to maintain quality benefit programs and contain or reduce costs. <br />Consultant will perform a full range of benefit program services related to the acquisition, <br />implementation, maintenance, communication and improvement of the City's employee <br />insurance benefits. Consultant shall provide services for some or all of the group employee <br />insurance benefits. Consultant shall provide services, including, but not limited to, the following: <br />A. Procure group insurance coverage or Third -Party Administrator (TPA) services for Group <br />Dental, Vision, Life, Accidental Death & Dismemberment, Long Term Disability <br />Insurance, Employee Assistance Program (EAP), Retiree Billing, and Section 125 Flexible <br />Spending Accounts (FSA); Affordable Care Act (ACA) reporting, and FMLA Leave <br />Administration. <br />B. Representation in all negotiations with insurance providers on issues related to premiums, <br />services, benefit level, plan design, special terms and conditions; <br />C. Provide all renewal rates for the upcoming calendar year by July l't or as soon as <br />practicable; <br />D. Analyze existing coverage and identify or develop cost -saving alternative benefit strategies <br />and plans; <br />E. Assist in the development of long-range goals and strategies, including malting <br />recommendations and projections of potential savings; <br />F. Upon request, provide quarterly claims experience reports; <br />G Assist the City in monitoring and analyzing experience trends and providing timely alerts on <br />changing patterns and appropriate recommendations; <br />H. Provide information and recommendations regarding employee benefit issues, trends, <br />existing, proposed and new State and/or Federal legislation (i.e. COBRA, IIIPAA, ACA, <br />IRS Rules and regulations); <br />I. Upon request, provide, maintain and update comparison reports of other public and/or <br />private companies' benefit plan offerings and costs to determine their competitiveness with <br />the City's programs; <br />J. Upon request, provide access to published benefit -related survey information; <br />Keenan& Associates — License M451271 <br />EB Consulting Services Agreement (PM2) <br />Confidential For Client Use OrAy <br />OZev. 05/15/20) <br />K Ks <br />Page 9 of 17 <br />
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