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HomeMy WebLinkAboutR-2006-159 Maxon Renewal RESOLUTION NO. 2006-159 A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, ® AUTHORIZING THE PROPER CITY OFFICIALS TO RENEW AN AGREEMENT WITH THE MAXON COMPANIES TO PROVIDE A SELF- FUNDED DENTAL, VISION AND DISABILITY PLAN TO ELIGIBLE EMPLOYEES, RETIREES OR BOTH; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the proper City officials are authorized to execute the documents pertaining to the renewal of an agreement with the Maxon Companies to provide third party administration services for a self-funded Dental/Vision and disability plan to eligible employees, retirees or both at a cost not to exceed $3.60 per employee/retiree. Section 2. That the employee premium contributions will be negotiated consistent with the applicable bargaining agreements. Section 3. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 4. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on September 26, 2006. PATRICIA FLURY MAYOR-COMMISSIONER ATTEST: LOUISE STILSON, CMC CITY CLERK APPROVED AS TO FO AND CORRECTNESS BY: THOMAS J. SBkO CITY ATT EY ' CITY OF DANIA BEACH - Agenda Item # �o - _ Agenda Request Item Date of Commission Meeting: 9/26/2006 Adopt Resolution ❑X Adopt Ordinance (1st Reading) ❑ Adopt Ordinance (2nd Reading) ❑ Award Bid/RFP ❑ Presentation ❑ Continued from: RegUestedAction {Ip6*appropri ate Action`orMotion) Renew TPA agreement with Maxon Adminstrators to administer self funded dental/vision/disability Why Action is Necessary Agreement to expire 9/30/3006 Analysis by consultant reflects an annual cost of approximately $8,554 and a recommendation to accept the renewal. dhat Action Accomplishes Maintains Maxon as TPA for dental, vision and disability. Purchasing Requests ONLY. Dept: Acct#: Amt: Fund: General: ❑ Water: ❑ Sewer: ❑ Stormwater: ❑ Grants: ❑ Capital: ❑ Summa E ry xplanation/Background ; Fiscal Impact/Cost Summary' Approximately$840 additional cost per year. Exhibits'Attache'd Renewal letter(faxed)from Maxon Administrators Increase from $3.25 to 3.60 per paricipant Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 •Authorized Signatures Submitted by Date t Department Director 2 Date HR Director I Mary McDonald Date 09/19/06 Finance Director Patricia Varney Date 09/19/06 City Attorney Thomas J. Ansbro Date 09/19/06 City Manager Ivan Pato Date 09/19/06 t Y { Gtty%Clerk.Use Commission Action: Approved: ❑ Denied: ❑ Continued to: ❑ t M , HE MAXON COMPANIES . 0, P - • Health Plan Administration since 1955 1 September 7,2006 Mr. Lloyd F. Rhodes Via Fax: 954-525-1248 The Rhodes Insurance Group 1263 East Las Olas Blvd.,Suite 205 Fort Lauderdale, FL 33301 Re: City of Dania Beach Dental,Vision,and Disability Plan M Dear Lloyd: This will confirm that Maxon is willing to renew its administration of the above relimced plan for the sum of$3.60 per employee/retiree or COBRA partieipmt per month. Sincerely, DaviqJ. ,b en President DJR/fa �az it �e r. The Maxon Company• Maxon Administrators, Tnc. •Fringe Plan Administrators, Ltd. • 76 North Broadway, Trvingwn,NY 10533 914-591-7111 fax: 914-591-184 www.maxonco.com THE RHODES INSURANCE GROUP 1263 East Las Olas Boulevard Suite 205 Fort Lauderdale,Florida 33301 Telephone 954-524-5075 Fax 954-525-1248 September 19,2006 Ms. Mary McDonald Director, Human Resources & Risk Management City of Dania Beach 100 W. Dania Beach Boulevard Dania Beach, FL 33004 Re: City of Dania Beach Self-funded Dental &Disability Plans Maxon Administration— October 1, 2006 Dear Mary, Maxon Administrators has communicated their willingness to continue the administration of the City of Dania Beach self funded dental and disability plans at the rate of$3.60 per subscriber per month. This represents an estimated additional cost of$832 per year for a total of $8,554. Considering the complexities of the disability administration and our experience in the market, we feel this renewal rate is competitive. Based on employee feedback, Maxon has done a good job of providing their services to the employees. We recommend that the City of Dania accept Maxon new administrative rate for the period October 1, 2006 through September 30, 2007. Please let me know if you have any additional questions. Sinc Lloyd F. Rhodes Cc: Patricia Varney Alison Poole, Wakely & Associates, Plan Actuary