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<br />williS HRH <br /> <br />Willis of T exes <br />1155 Dairy Ashford, Suite 350 <br />P.O. Box 941709 (77094-8709) <br />Houston, Texas 77079-3012 <br />281-584-1667 <br />800-964-6564 <br /> <br />TO: Ron Bottoms <br />FROM: Neal Welch <br /> Lesley Hagen <br />cc: Heather Weger <br />DATE: March 3, 2009 <br /> <br />RE: Stop Loss RFP, #09502 <br /> <br />On January 16,2009, we distributed 11 RFPs for the stop loss coverage. We received 4 <br />responses in addition to a renewal proposal. <br /> <br />The current carrier BP, Inc. was purchased by Unimerica this past year. Unimerica is a <br />United Health Care company. The renewal received was from Unimerica. <br /> <br />The City has had an average of 2 stop loss claims per contract year in past years. There <br />are 3 potential large claimants for the coming stop loss year. All of the premium <br />quotations received were higher than the current premium based on loss experience <br />and these potential large claims. <br /> <br />The renewal options from Unimerica seem to be the most competitive. The current <br />specific deductible is $125k and we would suggest moving to $145k to make the <br />premium increase neutral. <br /> <br />While we feel the increased deductible as a known cost is worth the risk, you can fell <br />comfortable choosing any of the Unimerica offerings. <br /> <br />Thank you for spending time with us this week to discuss the renewal and we look <br />forward to answering questions at the upcoming city council meeting. <br /> <br />S:\City Secretary's Office\2009 City Council Packets\20090309\Stop Loss Recommendation (I).doc <br />