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154E <br />The Honorable Mayor and City Commission <br />SJNNY <br />.,. <br />City of Sunny Isles Beach <br />FROM: <br />18070 Collins Avenue <br />y Y+ « <br />Sunny Isles Beach, Florida 33160 <br />DATE: <br />2/18/2021 <br />rA9 <br />y�`op,a <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />RE: <br />(Vision); Mutual of Omaha (Life/AD&D, Long -Term <br />MEMORANDUM <br />TO: <br />The Honorable Mayor and City Commission <br />VIA: <br />Christopher J. Russo, City Manager <br />FROM: <br />Yael Y. Londono, Human Resources and Risk <br />Management Director <br />DATE: <br />2/18/2021 <br />Approval of Selection of 2021 Insurance Providers: <br />Cigna Health Care (Health); Cigna(Dental); Eyemed <br />RE: <br />(Vision); Mutual of Omaha (Life/AD&D, Long -Term <br />Disability, Voluntary Short Term Disability, and Voluntary <br />Life) <br />RECOMMENDATION: <br />It is recommended that the City Commission consider the attached <br />resolution approving the selection of the following providers: Cigna <br />Health Care (Health); Cigna (Dental); Eyemed (Vision); Mutual of <br />Omaha (Life/AD&D, Long -Term Disability, Voluntary Short Term <br />Disability, and Voluntary Life) <br />REASONS: <br />The City makes available various insurances as a benefit to its <br />employees. The insurances promote health, wellness, and protection. <br />As such, staff requested the City's insurance brokers (Brown and <br />Brown) issue requests for proposals for insurance coverage at <br />basically the same levels as the existing coverage. After extensive <br />negotiations with the various providers, Brown & Brown and staff <br />recommend acceptance of the following provider proposals. See <br />Attachment (Insurance Summary Table and Proposals). <br />ADDITIONAL INFORMATION: <br />Staff worked diligently with our brokers to secure the best pricing and <br />plans for our insurance coverage. Proposals that seemed competitive, <br />but did not meet our plan standards were eliminated from <br />consideration. Employees will be advised of the changes and we have <br />tentatively scheduled information and enrollment sessions, in order to <br />effectuate any changes by March 1, 2021, provided receipt of City <br />Commission approval. <br />Lastly, all of the recommended providers have an AM Best's Rating of <br />"A" which is "Superior" to "Very Good", and all agreements will be <br />reviewed as to form and legal sufficiency by the Office of the City <br />Attorney. A complete set of all of the final proposals will be on file in <br />the City Clerk's Office. <br />ATTACHMENTS: <br />Description <br />Resolution <br />Insurance Summary Table 2021 <br />Insurance Proposals <br />Item Number: 10.D. <br />