Label
Vision Insurance- Vision Benefits of America
Human Resources
Michael Niedzielski (x2182)
Title
Authorizing the Mayor to enter into an Agreement for vision insurance services for covered employees and their dependents, for a term of three (3) years with one (1) year optional renewal; authorizing the expenditure of funds from the Healthcare Internal Service Fund; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Department of Human Resources sought competitive proposals for vision insurance services from May 3rd to June 4th, 2024. Nine (9) proposals were received. The City in conjunction with McGohan Brabender, the City’s benefit consultant, reviewed and analyzed the proposals and presented these results to the Healthcare Cost Containment Committee (HCCC) and the administration. Based on this review, Vision Benefits of America has been selected to be the City’s vision provider for covered employees and their dependents. Vision Benefits of America is the City’s current vision insurance provider, and their proposal includes a reduction in the annual premium from our current agreement. It is estimated that the administrative cost associated with this agreement will be approximately $62,621 per year.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into a three (3) year agreement with one (1) year optional renewal for vision insurance services. Such Agreement shall contain terms and conditions deemed proper and requisite according to the Director of Law and Director of Human Resources.
SECTION 2. That subject to annual appropriation expenditures for healthcare related third party vision insurance services are authorized from the Healthcare Internal Service Fund Account Code 7083-17100-1156001STDSTD. That said costs shall then be allocated to Account Code 517400 (Medical Insurance) within the various City organization units.
SECTION 3. That the Director of Finance is authorized to draw warrant or warrants against the account code in Section 2 in payment of the authorized obligations upon presentation of proper voucher or vouchers.
SECTION 4. That this Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that the ordinance must be immediately effective in order to maintain quality healthcare coverages for the City of Toledo’s employees and their dependents.
Vote on emergency clause: yeas 11, nays 0.
Passed: July 17, 2024, as an emergency measure: yeas 11, nays 0.
Attest:
Julie A. Gibbons Carrie Hartman
Clerk of Council President of Council
Approved: July 17, 2024
Wade Kapszukiewicz
Mayor