Laserfiche WebLink
Y6, <br />CONSENT <br />INDIAN RIVER COUNTY <br />MEMORANDUM <br />TO: Jason Brown <br />County Administrator <br />FROM: Suzanne Boyll <br />Human Resources Director <br />DATE: March 5, 2018 <br />SUBJECT: Approval of Amendment to the Florida Blue Administrative Services Agreement <br />Exhibit "B" Reducing the Administrative Service Fee from $51.50 to $50.00 PEPM <br />for the Period October 1, 2017 through September 30, 2018 <br />BACKGROUND: <br />The Board of County Commissioners approved an agreement effective October 1, 1996 with Blue <br />Cross and Blue Shield of Florida, Inc. to provide administrative services with respect to the Group <br />Health Plan. The agreement was amended on the following dates: <br />October 1, 1998 <br />October 1, 2008 October 1, 2015 <br />October 1, 2001 <br />July 1, 2010 January 1, 2017 <br />October 1, 2003 <br />May 1, 2013 <br />The administrative service agreement with Florida Blue included compensation for the County's <br />prior benefit consultant/broker, Gehring Group. This amount was $1.50 pepm. <br />Effective October 1, 2017 Lockton Companies was selected as the new benefits <br />consultant/broker and compensation for the consultant/broker is now paid quarterly as a flat <br />fee. The total annual fee is $89,500 per year. <br />The attached amendment to Exhibit "B" reflects a reduced administrative fee to Florida Blue from <br />$51.50 pepm to $50.00 pepm removing the consultant/broker compensation. <br />ANALYSIS: <br />There is no additional cost associated with this amendment. <br />RECOMMENDATION: <br />Staff recommends the Board approve the amendment to the Florida Blue Administrative <br />Services Agreement Exhibit "B" reducing the administrative service fee from $51.50 to $50.00 <br />pepm for the Period October 1, 2017 through September 30, 2018 and authorize the Chairman <br />to sign the revised agreement. <br />57 <br />