HomeMy WebLinkAbout~Master - Renewal of administrative and claims processing services for flexible spending account benefit RESOLUTION NO. 16-694
RESOLUTION APPROVING RENEWAL OF ADMINISTRATIVE AND CLAIMS
PROCESSING SERVICES FOR FLEXIBLE SPENDING
FOR THE CITY OF AMES
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
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 been the
provider for the 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, 2017, Wellmark will charge $5.25 per contract per month
in claims processing fees and $400 in annual administration fees; and,
WHEREAS, these amounts reflect no change in the charge per contract per month or in the
contract from 2016 for this service.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that renewal of the administrative and claims processing services for the flexible spending account
benefit from January 1, 2017, through December 31, 2017, is hereby approved.
ADOPTED THIS 13th day of December, 2016.
� ;�& A.
Diane R Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Gartin
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Orazem
Voting nay: None Absent: Nelson
Resolution declared adopted and signed by the Mayor this 13t' day of December, 2016.