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2022-174
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Addendum A - <br />Proposed Scope of Services & Compensation <br />:• <br />Other services include online seminars and workshops, compliance newsletters, <br />and newsflashes/alerts delivered via e-mail <br />Timely <br />No Additional Cost <br />:• <br />Coordinate gathering of Schedule A reports to facilitate preparation of <br />signature-ready Form 5500 <br />Annually <br />No Additional Cost <br />:• <br />Actuarial <br />Health Care Reform modeling & strategy with updates as needed <br />Services <br />Annually <br />No Additional Cost <br />:• <br />Provide comprehensive actuarial services, including: <br />No Additional Cost <br />> IBNR reserve certification <br />As needed <br />No Additional Cost <br />> Actuarial valuation of benefit plan design changes <br />As needed <br />No Additional Cost <br />> Stop loss analysis, including <br />As needed <br />No Additional Cost <br />¢ Analysis of the difference in risk between various stop loss levels <br />As needed <br />No Additional Cost <br />¢ Estimate of expected number and dollar of claims above the specific <br />stop loss deductible <br />As needed <br />No Additional Cost <br />O Probability that aggregate claims will exceed various levels <br />As needed <br />No Additional Cost <br />Comparison of provider network reimbursement levels by network <br />As needed <br />No Additional Cost <br />O COBRA rate certification <br />As needed <br />No Additional Cost <br />O Analysis of funding options (fully-insured vs. self-insured) <br />As needed <br />No Additional Cost <br />4 Detailed analysis of claims data to identify problem areas, estimate <br />impact of plan changes, project enrollment for multi- option plans, etc. <br />As needed <br />No Additional Cost <br />4 Multi-option plan modeling, including cost projections, employee <br />Employee <br />contribution strategies, and enrollment migration estimates <br />Communication Implementation Activities <br />As needed <br />No Additional Cost <br />:• <br />and <br />Develop basic written and visual employee communication materials (i.e., <br />overview, overheads, bulletins, etc.) <br />Annually <br />No Additional Cost <br />:• <br />Coordinate annual enrollment process <br />Annually <br />No Additional Cost <br />:• <br />Manage carrier participation in annual enrollment process <br />Annually <br />No Additional Cost <br />:• <br />Develop periodic benefit-related company newsletter articles, as requested by <br />ER <br />As needed <br />No Additional Cost <br />:• <br />Implement Web-based benefit communication/enrollment system — Lockton <br />Routine <br />Marketplace <br />Service <br />As needed <br />No Additional Cost <br />:• <br />Provide daily assistance in resolving escalated carrier service issues (i.e., claims, <br />billing, etc.) <br />Daily <br />No Additional Cost <br />:• <br />Coordinate and attend service meetings with the Client, Lockton, and select <br />carrier representatives <br />Quarterly <br />No Additional Cost <br />:• <br />Coordinate research on benefit-related legal issues with Compliance team <br />As needed <br />No Additional Cost <br />:• <br />Review plan documents, summary plan descriptions, contracts, and other <br />benefit-related documents <br />As needed <br />No Additional Cost <br />Services Agreement <br />LOCKibK Page 8 of 15 <br />
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