Insurance Broker Services

The vendor is required to provide brokerage services for group insurance for vision, dental and prescription management including responding to questions and providing information and other benefits-related advisory services to city staff.
- Review and analyze claims experience, claim services, and claims administration to ensure maximum benefit to the city.
- Determine and recommend the most cost efficient funding methods for benefit programs.
- Preparation specifications and soliciting, as needed, from insurance markets that specialize in group insurance plans.
- Perform proposal evaluations, including administration, coverage, claim payment procedures, customer service, networks, reserve establishment policies and financial solvency for vision, dental and prescription management.
- Provide the city with in-depth analysis of proposed alternatives and assist with the process of selecting the most favorable annual renewal options.
- Inform the city of local and national benefit trends and provide benchmark survey data to help calibrate program offerings with employee and employer costs compared to similar organizations.
- Contract Period/Term: 1 year