CITY OF ORLANDO
COUNCIL AGENDA ITEM

Items Types:
Business and Financial Services 		For Meeting of:
November 12, 2018
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No
Subject:
Amendment to Contract with Symetra Life Insurance Company for Stop Loss Insurance for City Self Funded Employee Health Care Insurance for Plan Year 2019, RFP15-0097
Summary:

The Human Resources Department and Procurement and Contracts Division are requesting approval to extend the current contract with Symetra Life Insurance Company for one (1) additional year effective January 1, 2019 through December 31, 2019 (original effective date was January 1, 2015). The estimated 2019 annual premium amount is $377,000.

The negotiated Individual Advantage Deductible will increase from $281,490 to $334,300. All other terms of the current contract will remain unchanged from plan year 2018, including the premium amount of $6.35 per subscriber per month.

Benefit contracts are exempt from M/WBE participation requirements per City Code and M/WBE participation is not applicable to this contract (City Ordinance 57.15(4)).
Fiscal & Efficiency Data: Attached.
Recommended Action:

Approval and authorization for the Chief Procurement Officer to negotiate and execute a contract amendment with Symetra Life Insurance Company, as indicated above. The final negotiated contract amendment will be subject to review and approval by the City Attorney’s Office.
Agenda Item attachment(s) on file in the City Clerks Office.
Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.
Contact: David Billingsley Janiero Coulter (for M/WBE questions)
Approved By:

Department Date and Time
Budget Outside Routing Approval 11/1/2018 11:08 AM
City Clerk 11/1/2018 11:27 AM
ATTACHMENTS:
Name: Description: Type:
2019_Renewal_Fiscal_Impact_Statement.docx Fiscal Impact Statement Fiscal Impact Statement
MWBE_memo-_RFP15-0097_Amendment_to_contract_with_Symetra_Life_10-31-18.pdf MWBE Memo Backup Material
2019_Symetra_Notification_of_Renewal.pdf Symetra 2019 Renewal Backup Material
HR_Request_Memo.pdf Request Memo Backup Material
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