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AUG 2 9 1983 B r�,c! <br />c ° <br />TO: The Honorable Members of DATE: August 29, 1983 FILE: <br />the Board of County Commissioners <br />THRU: C. B. Hardie Jr. Ph. D. GROUP HEALTH & LIFE INSURANCE <br />Asst. to County Admin./ SUBJECT. <br />GENERAL SERVICES DIVISION <br />FROM: JLois 'Hoder REFERENCES: <br />Personnel Manager <br />After several discussions with the two low insurance bidders, <br />Aetna C.$ S and Gulf Life, the staff considered the following: <br />1. Duplicate the coverage now in existence with Plan "A" <br />of the Gulf Life Insurance and use the "ASO Plus" <br />Funding arrangement (family plan monthly premium <br />$157.89). <br />2. Accept Plan "B-2" bid by Aetna C & S (family plan <br />monthly premium $151.91 and So. Co. Fire family <br />premium at $134.65). This would mean no interruption <br />to present personnel and handling of claims, thus <br />eliminating a lot of paperwork and processing of <br />direct claims. Aetna also has a split funding plan <br />whereby County could save money on their cash flow. <br />3. Accept Plan "B", "ASO Plus" Funding arrangement of <br />the Gulf Life Insurance (family plan monthly premium <br />$133.80). Accept life insurance rate at 56¢ per <br />$1,000 and if feasible, implement one times annual <br />earnings life insurance within three (3) months of <br />contract date. <br />Gulf Life to meet all specifications as discussed <br />in workshop meeting of August 25, 1983. <br />Staff also recommends that the pooling point be <br />increased to $50,000 to further lower the.yearly <br />costs. <br />Staff recommends that the low bid of Gulf Life, Plan "B" <br />be accepted by the Board <br />Commissioner Scurlock believed we have an obligation <br />to encourage competitiveness and look seriously at a <br />legitimate low bid. It appears that one of the bidders is <br />about $20,000 lower and he wished staff to confirm whether <br />that is the case or not since there appears to be some <br />question as to whether the month of September will be <br />continued at the same rate if that particular carrier is not <br />granted the coverage. He felt this needs to be answered. <br />2 <br />