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Employee Group Insurance Agreements <br />February 6, 2018 <br />Page 2 <br />forward for council approval in September of 2018 for the following plan year. <br />The City utilizes the services of Keenan & Associates. Keenan is the broker of record for life, <br />accidental death & dismemberment (AD&D) coverage, long-term disability (LTD) insurance <br />through the carrier Aetna, vision insurance through EyeMed, Flexible Spending accounts through <br />TASC and EAP Program through REACH for all employees. It is recommended to include Keenan <br />as the broker of record for dental coverage through the carrier Delta Dental effective January 1, <br />2018 and MetLife Dental effective July 1, 2018. <br />City staff is recommending authorization to amend the agreement with Keenan and Associates, to <br />expand the scope of services to provide broker services for dental plans for City employees. The <br />City has previously contracted with Keenan and Associates to provide the majority of our health <br />broker services and has been pleased with the services provided. Keenan and Associates won the <br />bid issued on March 2, 2016 to be the City's insurance broker effective June 21, 2016 A-2016-162. <br />City staff is also requesting to extend this contract for one (1) additional three-year period as <br />indicated in the original agreement. This extension will be from July 1, 2018 through June 30, 2021. <br />The City does not pay any compensation to Keenan and Associates under the agreement. All <br />compensation to Keenan and Associates shall be directly paid by the insurance carriers to the <br />broker according to the commission arrangements. <br />FISCAL IMPACT <br />There is no additional fiscal impact associated with this brokerage/consulting agreement. <br />Budgeted funds are available in the Personnel Services Employee Benefits account (account no. <br />08109053-64010) to pay for group insurance premiums in which commissions are included. <br />Acting Executive Di <br />Personnel Services <br />Exhibits: 1. MetLife Agreement <br />2. Delta Dental Agreement <br />3. Keenan and Associates Amended Agreement <br />25C-2 <br />