Loading...
HomeMy WebLinkAbout2019-117 - Authorizing the Purchase of Basic Life InsuranceRESOLUTION NO. 2019-117 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AUTHORIZING THE PURCHASE OF BASIC LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT, SUPPLEMENTAL DEPENDENT ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT, SUPPLEMENTAL LIFE INSURANCE, DEPENDENT LIFE INSURANCE, AND LONG TERM DISABILITY INSURANCE FOR EMPLOYEES THROUGH THE HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1: The City Council of the City of Santa Ana hereby finds, determines and declares as follows: A. In its current Memorandums of Understanding ("MOU") between the City and its employee unions, Executive Management benefit Resolutions, and employment agreements with appointed officials, the City Council has approved the provision of various life insurance and other benefits that include, life insurance, accidental death and dismemberment benefit, supplemental life insurance, dependent life insurance, supplemental accidental death and dismemberment benefit, and long-term disability insurance ("insurance and benefits'). B. From January 1, 2015 to December 31, 2019, the City contracted with Aetna Life Insurance for these insurance and benefits. The City's current policy with Aetna Life Insurance was taken over by The Hartford Life and Accident Insurance Company ("The Hartford") effective September 1, 2019. However, the rate guarantee originally offered by Aetna expires December 31, 2019. C. The City contracts with a broker, Kennan & Associates, for securing many employee benefits including dental insurance, life insurance, accidental death and dismemberment benefit, supplemental life insurance and long term disability insurance. Kennan & Associates periodically reviews the City's insurance and benefits to make sure that the rates and coverages are competitive in the marketplace. D. The Hartford has offered coverage for the insurance and benefits pursuant to the terms and conditions attached hereto and marked as Exhibit "T' and Resolution No. 2019-117 Page 1 of 3 incorporated herein as though fully set forth. The terms and conditions satisfy the_City's obligations to provide these benefits pursuant to MOUs with the various employee organizations, Executive Management benefit Resolutions, and employment agreements with appointed officials. E. Pursuant to the authorization requested in this Resolution, the City will continue to purchase the insurance and benefits through the Hartford until coverage is cancelled by the City. F. The Hartford has provided a rate guarantee for January 1, 2020 to December 31, 2020 for the insurance and benefits on the terms set forth in Exhibit "1". The rate guarantee along with the coverages are attached hereto as Exhibit "2" and incorporated herein as though fully set forth. G. The rate guarantee offered by The Hartford is competitive in the marketplace as evaluated by the City's broker and does not increase the rates offered by Aetna for 2019. H. The City will receive annual renewal notices for the upcoming year for The Hartford's proposed premiums for the insurance and benefits coverages authorized pursuant to this Resolution. Each year, City staff will provide the annual renewals notices to the City Council for review. Section 2: The City Council of the City of Santa Ana approves the purchase of basic life insurance, supplemental life insurance, dependent life insurance, long term disability insurance, accidental death and dismemberment benefit and supplemental dependent accidental death and dismemberment benefit for employees through The Hartford Insurance Company pursuant to the terms and conditions set forth in Exhibit 1" starting January 1, 2020 until cancelled. Section 3: The City Council of the City of Santa Ana authorizes and delegates to the City Manager the authority to execute and/or sign any documents, paperwork, and/or policies necessary to procure the insurance and benefits through the Hartford, as set forth in Section 2 of this Resolution. Section 4: This Resolution shall take effect immediately upon its adoption by the City Council, and the Clerk of the Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 17th day of December, 2019. Resolution No. 2019-117 Page 2 of 3 APPROVED AS TO FORM: Sonia R. Carvalho City Attorney By: A K l9 �,mc" Laura A. Rossini Senior Assistant City Attorney AYES: Councilmembers NOES: Councilmembers ABSTAIN: Councilmembers K50, �' W-10" /�, Bacerra, Iglesias, Penaloza, Pulido, Sarmiento, Solorio, Villegas (7) None (0) None (0) NOT PRESENT: Councilmembers None (0 CERTIFICATE OF ATTESTATION AND ORIGINALITY I, DAISY GOMEZ, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2019-117 to be the original Resolution adopted by the City Council of the City of Santa Ana on December 17, 2019. Date: c� 2LD�z O Daisy Gomez Clerk of the Council City of Santa Ana Resolution No. 2019-117 Page 3 of 3