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HomeMy WebLinkAbout2010-151A AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT THIS AMENDMENT , entered into on �Ju oc, 2010 is by and between Blue Cross and Blue Shield of Florida , Inc . ( hereinafter called the "Administrator") and Indian River County Board of County Commissioners ( hereinafter called the " Employer" ) . In consideration of the mutual and reciprocal promises herein contained , the Administrative Services Agreement between the Administrator and the Employer ( hereinafter "Agreement") effective October 1 , 1996 is amended as follows : 1 . Section I , subsection 1 . 1 , is hereby amended to extend the term of the Group Health Plan until September 30 , 2013 unless the Agreement is terminated earlier in accordance with the terms of the Agreement . 2 . Exhibit B to the Agreement is hereby amended , effective July 1 , 2010 . The revised Exhibit B is attached to this Amendment and replaces the Exhibit B previously attached to the Agreement . 3 . Exhibit D , Confidentiality and Indemnity Agreement is hereby added to this Agreement and does not replace any existing Confidential and Indemnity Agreement . 4 . Except as otherwise specifically noted in this Amendment , all other terms and conditions of the Agreement shall remain unchanged and in full force and effect . IN WITNESS WHEREOF , this Amendment has been executed by the duly authorized representatives of the parties . BLUE CROSS AND BLUE SHIELD INDIAN RIVER COUNTY BOAR OF FLORIDA , INC . OF COUNTY COMMISSIONE Title : Title : � IsI " tc Date : "7 / �/ V Date : APPROVED AS TO rORM AND LE AL SIJFFI BY -- WILLIAM K . DEBRAAL DEPUTY COUNTY ATTORNEY EXHIBIT " B " to the .ADMINISTRATIVE SERVICES AGREEMENT between E %' ROSS AND BLUE SHIELD OF FLORIDA INC . and : 0t • IVER COUNTY BOARD OF COUNTY COMMISSIONERS FINANCIAL ARRANGEMENTS Banking Arrangement C � � te hv : date of this Exhibit is July 1 , 2010 , iop)i agrees to establish a bank account prior to the effective date -, finent , in its own name , at the bank designated by the The Employer authorizes the Administrator to write checks ) . 111K account in order to pay claims pursuant to this Agreement . � ) yei agrees to maintain the bank account and the reserve x_; set forth below . The Employer shall be responsible for the 11 , 1 [ 10H of its bank account , based on information and reports > v tLhe Administrator and the bank . c_ lnformation . rl : rr + c of Employer ( as it is to appear on the checks ) - no more than chiracters : � ;� ,10IAN RIVER COUNTY ) ployer Bank Account Reference Number - 5 characters : t ) 4 7 tiIk '. erve Requirement : $ 108 , 000 - 1 - It . ending Frequency : Daily Method of Funding : ACH iistrafive Fees : \ Cinnistrative fees during the term of the Agreement : 4; 3 . 25 per enrolled employee per month from July 1 , 2010 through A . e Ttember 30 , 2011 S: �> 4 32 per enrolled employee per month from October 1 , 2011 lhroHgh September 30 , 2013 Administrative fees after the termination of the Agreement : of claims paid . w�0 0 � It contract is terminated before October 1 , 2012 , the termination fee ` ) 125 , 000 paid within sixty days of termination , and if after October 1 2012 , no termination fee will be paid to BCBSF . ai , , iyment_ Penalty f, daily charge of . 00038 times the amount of overdue administrative tees F_ nrollment l c administrative fees and reserve requirement referenced above , ie based on an expected enrollment of: 1 , 665 , the actual enrollment is materially different from this expected mollment , the Administrator reserves the right to adjust the cidministrative fees and the reserve requirement as set forth in the -� peement . Actual administrative fees will be charged based on wtljal enrollment . - 2 -