2022-174 - Laserfiche WebLink

Home Browse Search

Addendum A - Proposed Scope of Services & Compensation Conduct Health and Welfare Program Assessment to establish short- and long- term benefit plan objectives, including benefits offered, plan design, Annually No Additional Cost employee/employer cost sharing, role of voluntary benefits, etc. *e Review possible future program modifications and financial impact to Annually No Additional Cost complement the Client's objectives 3 Develop and monitor strategic plan, with emphasis on benefits offered, plan Annually No Additional Cost design, total cost, and employee contributions Analyze relevant normative data to ensure the Client is within its desired Annually No Additional Cost range :• Coordinate renewal activities with all carriers/administrators Annually No Additional Cost :• Quantify financial impact of renewal; negotiate variance between renewal and > Legislation affecting benefit program Daily No Additional Cost Lockton projections Annually No Additional Cost :• Prepare and present detailed renewal report, including Lockton Annually No Additional Cost As needed recommendations :• Prepare and distribute Request for Proposal if marketing is necessary As needed No Additional Cost :• Direct and coordinate marketing process and carrier data requests As needed No Additional Cost :• Prepare and present Marketing Report, detailing current and proposed costs, As needed No Additional Cost provider networks, service capabilities, plan designs, vendor evaluations, etc. :• Prepare and submit Executive Summary of final recommendations, including As needed No Additional Cost Claims marginal cost analysis associated with program changes and/or price changes Experience/ Financial Analysis :• Prepare paid claims analysis, detailing paid claims, projected claims, plan Monthly No Additional Cost enrollment, and large claimants :• Prepare preliminary renewal projection based on claims analysis Semi-annually No Additional Cost :• Prepare claims management report, detailing claims paid by type of service, diagnostic category, in- vs. out -of -network, brand drug vs. generic drug Annually No Additional Cost utilization, etc. (based on carrier reporting capabilities) Analyze claims history to determine most appropriate method of medical and/or Annually No Additional Cost dental financing (e.g. fully insured, self-insured, minimum premium, etc.) :• Access to Lockton's in-house Compliance Department for assistance with: > ERISA and state insurance law; COBRA and HIPAA; Title VII, FMLA, and Daily No Additional Cost USERRA; Tax Code welfare; Tax Code retirement > Legislation affecting benefit program Daily No Additional Cost > ERISA requirements via "ERISA Calendar" Annually and updates No Additional Cost > Document preparation and review As needed No Additional Cost > Compliance audits and reporting As needed No Additional Cost �6;' Services Agreement LOCKTOK Page 7 of 15