Loading...
HomeMy WebLinkAbout~Master - Renewal of contract with Wellmark for Flexible Spending Account RESOLUTION NO. 11-461 RESOLUTION APPROVING RENEWAL OF CONTRACT FOR ADMINISTRATIVE AND CLAIMS PROCESSING SERVICES FOR FLEXIBLE SPENDING ACCOUNT FOR THE CITY OF AMES,IOWA WHEREAS, a Flexible Spending Account, as provided to benefit-eligible City 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,over the past several years,Wellmark Blue Cross Blue Shield has administered this program for the City, and it 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; and, WHEREAS, effective January 1,2012,Wellmark will charge$5.16 per contract per month in claims processing fees and $2,303.50 in annual administration fees; and, WHEREAS, this is an increase of 5% from 2011. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the renewal of the contract with Wellmark Blue Cross Blue Shield for administrative and claims processing services for the City's Flexible Spending Account effective January 1, 2012, is hereby approved. ADOPTED THIS 1 Vh day of October, 2011. A. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Davis Seconded by: Mahayni Voting aye: Davis, Larson, Mahayni, Orazem Voting nay: None Absent: Goodman, Wacha Resolution declared adopted and signed by the Mayor this 1 I'day of October, 2011.