Placement: Consent Agenda
Action Requested: Motion / Vote
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Approve the Conceptual Selection of Cigna Health and Life Insurance Company ("Cigna") as the City's Medical Benefits Provider
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Submitted By: Natalie Cabrera, Director, Human Resources
Strategic Plan Link: The City's Mission to utilize fiscal responsibility.
Executive Summary (General Business): Approve the conceptual selection of Cigna Health and Life Insurance Company ("Cigna") as the City's medical benefits provider, subject to the successful negotiation of a final agreement, and authorize the City Manager, or his designee, to finalize contract negotiations and return to City Council for approval of the final agreement.
Presentation Information: Staff is available to answer questions the Council may have.
Staff Recommendation: Move that the Council approve the conceptual selection of Cigna as the City's medical benefits provider subject to the successful negotiation of a final agreement and authorize the City Manager, or his designee, to finalize contract negotiations and return to City Council for approval of the final agreement.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the conceptual selection of Cigna as the City' medical benefits provider subject to the successful negotiation of a final agreement.
2. Move that the Council deny the request and provide staff direction.
Background: The City, through its third-party administrator, released a Request for Proposals to the market for medical benefits. Based on the proposals received, and after conducting due diligence, it was determined that Cigna Health and Life Insurance Company best meets the City's objectives of providing quality healthcare coverage while supporting the City's long-term financial and operational goals.
Issues/Analysis: Although the parties have reached agreement on the proposed rates, negotiations regarding the final contract terms and conditions remain ongoing. ...
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