For City Council Meeting [October 22, 2019]
TO: Honorable Mayor and City Council
APPROVAL: Rod Foster, City Administrator
FROM: Angela McCray, Human Resources/Risk Management Director
Title
Request City Council to Consider and Approve to Authorize Keenan & Associates to Operate as the City of Rialto's Broker of Record in Connection with Coverages for Dental, Vision, Life Insurance, Section 125 Voluntary Products, and Disability Insurance for All City Employees and Retirees.
Body
BACKGROUND:
The City has worked with USI Insurance Services as its Insurance Broker for the past several years with no change in benefits or presentation of alternate options or pricing. As part of our commitment to the City Council and staff to continually research and find options to reduce costs, retain employees and provide quality benefits, staff held several meetings with Keenan& Associates and asked that they provide the City with the most viable and competitive benefit offerings available through the insurance marketplace.
ANALYSIS/DISCUSSION:
In the past couple of years, staff has continued to take proactive steps to improve on the quality of service being provided to City employees and retirees as it relates to ancillary benefits and ACA compliance. Staff has been approached on numerous occasions by other brokers who offer similar services as those provided by USI and who are interested in providing such services to the City. Staff has determined that after much consideration, Keenan & Associates is the program best suited for the City.
After reviewing and evaluating Keenan & Associates' service philosophy, data management, innovative medical management programs and pricing, as well as the exclusive Benefit Bridge portal, staff determined that Keenan & Associates' would be a better fit for the City and for its employees and retirees. Attached to this staff report is a copy of Keenan & Associates' Scope of Services.
Keenan & Associates has presented the City wi...
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