EXECUTION OF AN AGREEMENT WITH INSURTEC TO PROVIDE HEALTH CLAIMS PROCESSING
SERVICES AT AN ESTIMATED COST TO THE CITY OF $52,575.
BY COUNCILOR EDWARDS:
RESOLVED, that the proper
city officers are hereby authorized to execute an agreement with InsurTec
to provide the city with health claims processing services, which agreement
is on file in the office of the city clerk as Public Document No. _______________,
at an estimated cost to the city of $52,575, which shall be paid from the
group health fund.
OF PURPOSE: This resolution approves an agreement with InsurTec
to process health claims that were incurred in 1999, but are not being
paid until year 2000. This agreement is necessary because the City is switching
administrative service providers for the group health fund from Epic to
Blue Cross on January 1, 2000, and Epic has no obligation to continue processing
the 1999 claims after that date. The agreement with InsurTec was negotiated
by the City's health fund consultants, Johnson Insurance Consultants, who
feel that the fee being charged is very reasonable.