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O <br /> l <br /> 9 . Provide actuarial services on a direct or sub contracted basis . Collect and distribute actuarial data to staff <br /> actuaries or sub - contracting actuaries to complete the FS 112 . 08 annual study and an updated study <br /> during mid fiscal year. <br /> 10 . Assist the Human Resource Director in reviewing group health insurance program costs to include the <br /> preparation of routine group health program management reports which detail the performance of the <br /> plan ; develop rates for budget ; identify and prepare a critical factors analysis to identify cost drivers <br />; <br /> monitor the sufficiency of rates ; review of group health plan design to determine the propriety of plan <br /> wording and to determine areas whereby plan design might be adjusted to enhance the economy and <br /> efficiency of the program . Prepare a medical and pharmacy plan design analysis that identifies the <br /> potential cost savings of increased deductibles , co -payments , out of pocket and other structural changes . <br /> 11 . Solicit and Analyze proposals from qualified Pharmacy benefit Management firms for the County ' s <br /> selection to include the actuarial analysis of various pricing and benefit options . <br /> Page 6 of 8 <br />
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