Meeting Type: BCC Regular Meeting
Meeting Date: 10/1/2019
Item Status: New
From: Deidra Hanak, Personnel Director
Submitted by: Deidra Hanak, Personnel Director
______________________________________________________________________
ITEM TITLE
Title
Life, Accidental Death & Dismemberment, Short- and Long-Term Disability and Vision Insurances Consideration - Award to Vendor
Body
STAFF RECOMMENDATION
Recommendation
Take the following actions:
1) Terminate the agreement with Lincoln Financial Group for County sponsored and Voluntary Life, Accidental Death & Dismemberment and Short- and Long-Term Disability Insurance, said termination date effective December 31, 2019; and
2) Terminate the agreement with VSP for County sponsored Vision Insurance, said termination date effective December 31, 2019; and
3) Authorize the Chairman to execute a notification of termination letter to Lincoln Financial Group and VSP; and
4) Award the County sponsored and Voluntary Life, Accidental Death & Dismemberment (with BTA Line of Duty coverage), Short- and Long-Term Disability Insurance and Vision Insurance to MetLife with said coverage to be effective January 1, 2020, for a three-year rate guarantee; and
5) Authorize the Chairman to sign all documents related to the County sponsored and Voluntary Life, Accidental Death & Dismemberment, Short- and Long-Term Disability Insurance and Vision Insurance with MetLife.
End
BACKGROUND INFORMATION
Previous Commission action/date: N/A
Background: During the February 5, 2019, Baldwin County Regular Meeting, Lincoln Financial Group was approved to be the vendor for Life, AD&D, STD and LTD for the Baldwin County Commission retroactively beginning January 1, 2019, and effective for one year. This coverage is up for renewal starting January 1, 2020, and Cobbs Allen obtained quotes and brought to the Commission the lowest renewal rate with comparable benefits. This coverage was up for renewal and Cobbs Allen obtained quotes and brought to the Commission the lowest renewal rate with comparable benefits. This will result in an increase in cost for County sponsored Life, AD&D and Long-Term Disability in the amount of approximately $14,519.00. Rates will decrease for Short-Term Disability, Voluntary Life, and Vision insurances.
FINANCIAL IMPACT
Total cost of recommendation: N/A
Budget line item(s) to be used: N/A
If this is not a budgeted expenditure, does the recommendation create a need for funding? N/A
LEGAL IMPACT
Is legal review necessary for this staff recommendation and related documents?
N/A
Reviewed/approved by: N/A
Additional comments: N/A
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? N/A
If the proof of publication affidavit is not attached, list the reason: N/A
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up: Deidra Hanak
Action required (list contact persons/addresses if documents are to be mailed or emailed): N/A
Additional instructions/notes: N/A