HomeMy WebLinkAbout~Master - Contract renewal for Administrative and Claims Processing Services for Flex Spending Account RESOLUTION NO. 12-547
RESOLUTION APPROVING RENEWAL OF CONTRACT FOR ADMINISTRATIVE
AND CLAIMS PROCESSING FOR FLEXIBLE SPENDING ACCOUNT
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 or 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 1,2013,Wellmark will charge$4.60 per contract per month
in claims processing fees and $400 in annual administration fees; and,
WHEREAS, this is an increase of 0% from 2012.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the renewal of the contract Wellmark Blue Cross Blue Shield for administrative and claims
processing for the Flexible Spending Account benefit effective January 1,2013,is hereby approved.
ADOPTED THIS 23rd day of October, 2012.
_ lid& X. cii4UAAeLd
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Szopinski
Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 23rd day of October, 2012.