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25E - AGMT - EMPL BENEFITS
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25E - AGMT - EMPL BENEFITS
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Last modified
8/31/2017 5:04:06 PM
Creation date
8/31/2017 4:28:08 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Police
Item #
25E
Date
9/5/2017
Destruction Year
2022
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The Plan Sponsor has the responsibility to review the monthly reports se' to he Plan <br />Sponsor by TASC and reports that are available on line to ensure data has beenit <br />mece ved and <br />COBRA election notices sent. These reports are also notices indicating enrollmenchanges that <br />are needed for participants, which can include reinstateents, terminations, andtan i hanges. <br />The Plan Sponsor will make the necessary changes in a timely manner to effectuate overage with <br />the applicable insurance carrier or third party administrator, unless an altemati •e a �rollment <br />communication arrangement has been made and agreed upon between the parties..1 i cass where <br />the Plan Sponsor is making the enrollment changes with the insurance cairier t' chlyd party <br />administrator, TASC will not have any liability for any losses Including prem' m r claims <br />payments due to a•Plan Sponsoes failure to make the enrollment changes when a enrollment <br />change was communicated to the Plan Sponsor by monthly reporting or an alto ati a agreed' <br />upon method. Incases where TASC has agreed to make the enrollment changes wit t <br />he nsurance <br />curler or third party administrator, TASC will not have any liability for any In es ncluding <br />F <br />premium or claims payments for a period beginning thirty (30) days after the enr Ime t change <br />was communicated to the Plan Sponsor by monthly reporting or an altemativ agreed upon <br />method. <br />Plan Sponsors who are'small employers' as defined by applicable State law Inay,�under the <br />federal Affordable Care Act ("ACA"), have a premium rating method that can inct de: age bands <br />that may require mid plan year premium rate changes; a differential for smoking to accoproducts; <br />f <br />a differential for geographical location; and itemized billing by the Insurance rriei for each <br />I <br />person covered under a membership. Unless another method of administration is a reeupon, the <br />Plan Sponsor will need to send to'TASC the actual individual rates billed by the iisurir for each <br />20 <br />25E-46 <br />
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