Label
AssuredPartners, of Houston, LLC/dba Professional Enrollment Concepts
Human Resources
Tyrome Alexander (x1031)
Title
Authorizing the Mayor to enter into a professional services agreement with Assured Partners of Houston, LLC, dba Professional Enrollment Concepts (PEC) for production and distribution of 1095-C statements to employees on the City's Health Care plan; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Affordable Care Act (ACA) requires that an IRS Form 1095-C is filed and furnished to any employee of an Applicable Large Employers (ALE) member who is a full-time employee for one or more months of the calendar year participating in the employer's health care plan. The ALE members must report that information for all twelve months of the calendar year for each employee.
HealthSCOPE Benefits, the City's previous health care vendor, provided this service However, industry best practices suggest this is a function of the employer and the City's current health care vendor does not provide this service. In order to meet the requirement to distribute the 1095-C statements by March 2, 2023, the Department of Human Resources received three quotes for this service and determined Assured Partners of Houston, LLC, dba/Professional Enrollment Concepts (PEC) should provide this service as the lowest cost vendor. Additionally, the City currently utilizes PEC for their benefit administration platform and PEC has the detailed information to easily perform this service.
This ordinance requests authorization for the provision to enter a professional services agreement with AssuredPartners of Houston, LLC, dba/Professional Enrollment Concepts (PEC) for production of IRS form 1095-C for employees on the City's Health Care Plan.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That an expenditure in the not to exceed $16,500 is authorized by the Health Care Internal Services Fund Account Code 708...
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