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COUNTY INSURANCE PROGRf M_ <br />THE ADMINISTRATOR REVIEWED THE FOLLOWING MEMO: <br />TOThe Honorable Members of DATE: September 23, 1981 FILE: <br />the Board of County Commissioners <br />'V%. 4 <br />FROM: Neil A. Nelson <br />County Administrator <br />DESCRIPTION AND CONDITIONS <br />SUBJECT: County Insurance Program <br />Life/Health (Employee Be;;-- <br />Program) - Liability and <br />Insurance Program <br />REFERENCES: <br />As has recently been discussed with members of the Board, we have received <br />indication from Aetna Insurance Company that our rates are going to increase <br />by 84%. In order to continue the same basic program that we currently have, <br />the new cost will be approximately $376,553. <br />As part of our annual review of our Liability and Casualty Insurance Program, <br />we have ascertained that opportunity exists to reduce costs while at the same <br />time address areas of deficiency in our current program. <br />ALTERNATIVES AND ANALYSIS <br />Based upon our review of the aforementioned coverages, it is the staff's belief <br />that coverages can be obtained through the seeking of competitive proposals for <br />the providing of the required insurance needs. <br />RECOMMENDATIONS <br />It is the staff's recommendation that the Board authorize renewal of the existing <br />policies on a month to month basis and that the Board authorize the staff to <br />prepare requests for proposals for the County's entire Insurance Program. This <br />will necessitate staff development of specifications, requests for proposal <br />documents, advertisement, evaluation of proposals received and a recommendation <br />to the Board of any changes in carriers as may be appropriate. <br />SEP 3 9191 49 <br />BOOK 4'.7 PAGE 68 <br />