IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the County Executive to execute a revised Agreement with Garry and Associates of North Kansas City, MO, for the furnishing of broker and consulting services on the County's health, life, and dental insurance, for use County-wide, under the terms and conditions of Request for Proposals No. 11-13.
Intro
RESOLUTION NO. 18491, April 28, 2014
INTRODUCED BY Theresa Garza Ruiz, County Legislator
Body
WHEREAS, by Resolution 18175, dated May 20, 2013, the Legislature awarded a twelve-month contract with five twelve-month options to extend to Garry and Associates of North Kansas City, MO, for the furnishing of broker and consulting services on the County's health, life, and dental insurance, for use County-wide, under the terms and conditions of Request for Proposals (RFP) No. 11-13, for a fee payable by the County; and,
WHEREAS, while RFP 11-13 specified that the County would directly pay for the broker's services out of County funds, Garry and Associates' response to the RFP also included an alternative compensation structure; and,
WHEREAS, under this alternative arrangement, Garry & Associates would be paid directly by the insurance provider a flat, specific, non-standard commission of .5 percent of the total premium, frozen at the current rate of $5,833.00 per month; and,
WHEREAS, additionally, the current insurance provider has been charging the County an administrative fee based on the total number of individuals covered; and,
WHEREAS, in typical insurance industry practice, the insurer would remit this administrative fee to the insured's broker, which has not been occurring under the County's current arrangement; and
WHEREAS, under the revised Agreement, this administrative fee will be remitted by the insurance company directly to the broker without increasing the County's insurance costs; and,
WHEREAS, the County and Garry and Associates de...
Click here for full text