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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested December 13, 2010 <br /> <br />Appropriation <br /> <br />Requested By <br /> <br />Heather Weger <br /> <br />Source of Funds: <br /> <br />Department: <br /> <br />Human Resources <br /> <br />Account Number: <br /> <br />Report <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: <br /> <br />Stop Loss Worksheet <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />Exhibits: _Stop Loss Distribution List <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City sent out a Request for Proposals for our Medical Stop Loss Coverage to 14 vendors in <br />October. On November 4, 2010 the City received 5 proposals. [NO submitted the lowest bid <br />and beat our current carrier Unimerica by $15,854. Staff recommends changing our Stop Loss <br />Coverage carrier from Unimerica to INO with a 12 month premium of$365,355. The deductible <br />will remain the same at $145,000 per employee. <br /> <br />Action Reauired bv Council: <br /> <br /> <br />/Jltf;{(} <br /> <br />Date <br />