HomeMy WebLinkAbout~Master - Agreement for flexible benefits administration RESOLUTION NO. 10-548
RESOLUTION APPROVING AGREEMENT FOR
FLEXIBLE BENEFITS ADMINISTRATION
FOR THE CITY OF AMES,IOWA
WHEREAS, a Flexible Spending Account, as provided to benefit-eligible City of Ames
employees, allows an employee to set aside a portion of his/her earnings to pay for qualified
expenses,such as health insurance premiums,as well as medical and dependent care expenses;and,
WHEREAS,money deducted from an employee's pay into a Flexible Spending Account is
not subject to payroll taxes, resulting in substantial payroll tax savings; and,
WHEREAS, over the past several years, Wellmark Blue Cross Blue Shield has provided
good customer service and flexible reimbursement options, including automatic reimbursement of
health and pharmacy claims processed through Wellmark and direct deposit of reimbursement when
elected; and,
WHEREAS, effective January 1,2011,Wellmark will charge$4.91 per contract per month
in claims processing fees and $2,528.75 in annual administration fees.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the agreement for flexible benefits administration with Wellmark Blue Cross Blue Shield
effective January 1, 2011, is hereby approved.
ADOPTED THIS 14th day of December, 2010.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Davis
Seconded by: Goodman
Voting aye: Davis, Goodman, Larson, Orazem
Voting nay: None Absent: Mahayni, Wacha
Resolution declared adopted and signed by the Mayor this 14'day of December, 2010.