TO: Board of Supervisors
FROM: Human Resources
MEETING DATE: November 12, 2019
DEPARTMENT CONTACT:
Cherie Johnson
PHONE:
234-6600
DEPARTMENT CONTACT:
PHONE:
ITEM TYPE: Consent Agenda
TIME ALLOCATED FOR ITEM: N/A
AGENDA TITLE:
title
Approval of Agreement with Hartford Life and Accident Insurance Company in the Amount of $397,872 to Provide Group Life and Accidental Death and Dismemberment Insurance and Voluntary Life and Accidental Death and Dismemberment Insurance to All Regular Employees, Effective January 1, 2020 through December 31, 2022
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RECOMMENDED ACTION/MOTION:
recommendation
Approve Agreement with Hartford Life and Accident Insurance Company in the amount of $397,872 to provide Group Life and Accidental Death and Dismemberment Insurance and Voluntary Life and Accidental Death and Dismemberment Insurance to all regular employees, effective January 1, 2020 through December 31, 2022; authorize the Human Resources Director to approve additional amendments if required during the term of the Agreement period to pay the voluntary insurance premiums that are deducted from employee pay; and authorize Chair to sign same.
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PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
N/A
SUMMARY OF REQUEST:
In April of 2019 the consultant to the County's Self-Funded Health Plan, Keenan and Associates, performed a full marketing for Group and Voluntary Life and AD&D insurance. Hartford Life and Accident Insurance Company (Hartford) has been selected to provide group coverage to all regular employees and voluntary coverage to all eligible employees, effective January 1, 2020. The new Agreement with Hartford reduces the annual premium paid by the County for group coverage by an estimated 27%.
The Agreement is for a period of 36 months and guarantees no increase to the rate the County will pay for group coverage and the rate the employees will pay for their voluntary insurance, excluding the automatic rate band changes which are calculate...
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