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nip, <br />Willis of Texas, Inc. <br />920 Memorial City Way <br />Suite 500 <br />Houston, Texas 77024 <br />713-625-1167 <br />TO: Ron Bottoms <br />FROM: Neal Welch <br />Lesley Hagen <br />cc: Heather Weger <br />DATE: March 3, 2010 <br />RE: Stop Loss RFP, #09502 <br />On January 27, 2010, we distributed 10 RFPs for the stop loss coverage. We received 5 <br />responses in addition to a renewal proposal. <br />The current carrier Unimerica is a United Health Care company. <br />The City has had an average of two stop loss claims per contract year in past years. This <br />year the City had two claimants hit the stop loss deductible. There are two potential <br />large claimants for the coming stop loss year. Unimerica's initial renewal increase was <br />6.7%. During the Best and Final offer process we were able to negotiate the renewal <br />increase down to 2.6% (approx. $12,928 annually). The incumbent, Unimerica now has <br />the lowest premium for the correct coverage. Our recommendation is to stay with <br />Unimerica. <br />If the City decides to change their plan year to a January 1 effective date they can <br />terminate the 12 month contract with 30 days notice or the City can renew with <br />Unimerica for the 9 month contract in 2011. Unimerica still has the lowest premium for <br />the nine month contract. <br />Thank you for discussing the renewal and we look forward to answering questions at the <br />upcoming City Council meeting. <br />CADocuments and Settings\WegerMLocal Settings\Temporary Internet Files\Content.Outlook\Hl5BB4UU\Stop Loss Recommendation.doc <br />