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HomeMy WebLinkAboutCity of Tamarac Resolution R-2023-128Temp. Reso. #14015 October 25, 2023 Page 1 of 3 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2023— Iaq A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, APPROVING THE RENEWAL OF THE AGREEMENT WITH CIGNA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO RENEW THE AGREEMENT WITH CIGNA, PROVIDING FOR STOP LOSS INSURANCE; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City's health insurance was re -structured as a partially self - insured program effective January 1, 2013; and WHEREAS, in the summer of 2023, the City's benefits consultant Lockton Companies competitively marketed the Stop Loss Insurance Coverage for Plan Year 2024; and WHEREAS, as a result of marketing Stop Loss Insurance Coverage, Lockton Companies presented the City with a proposal for stop loss coverage; and WHEREAS, after detailed evaluation of the proposal, and with the assistance of Lockton Companies, Human Resources staff has determined that CIGNA's proposal provides the City with the most cost-effective program which includes a level of reinsurance protection that is prudent and appropriate; and WHEREAS, available funds exist in the appropriate Governmental Funds which are in the approved FY 2024 Budget to fund the City's Stop Loss Insurance; and Temp. Reso. #14015 October 25, 2023 Page 2 of 3 WHEREAS, it is the recommendation of the City Manager, the Director of Human Resources, and the Director of Financial Services that the City renew the contract with CIGNA, with rates as outlined in attached as Exhibit A, for Stop Loss Insurance subject to any revisions as may be negotiated by and between City staff and CIGNA and as approved by the City Manager and the City Attorney effective January 1, 2024; and WHEREAS, the City Commission has deemed it to be in the best interest of the health, safety and welfare of citizens and residents of the City of Tamarac to execute such Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA- SECTION 1: That the foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution. All exhibits attached hereto are incorporated herein and made a specific part of this Resolution. SECTION 2: The rates attached to this Resolution as Exhibit "A", is approved and the appropriate City Officials are authorized to extend or renew the Agreement and expend funds in an amount not to exceed budgeted funds, or as may be amended by City Commission. SECTION 3: That all resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4: That if any clause, section, or other part or application of this Resolution is held by any court of competent jurisdiction to be Temp. Reso. #14015 October 25, 2023 Page 3 of 3 unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 5: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this aday of C&M669- , 2023. ATTEST: o� KIMBERLY ALLON, CMC CITY CLERK MICHELLE IGOMEZ MAYOR RECORD OF COMMISSION VOTE: MAYOR GOMEZ DIST 1: V/M BOLTON DES DIST 2: COMM. WRIGHT JR DIST 3: COMM. VILLALOBOS �S DIST 4: COMM. DANIEL APPROVED AS TO FORM AND LEGAL SUFFICIENCY FOR THE USE AND RELIANC— OF THE CITY OF TAMARAC ONLY. KNS OTTINOT ITY ATTORNEY 41 a c L u M e O �i N h O O N of ai ri ni c c $ N O CD O N N pippp N M m N H M N H r � � H r � H H N � r H � M �O H N H N n � w P Go n O O N iD O n r10 ry a+ ri r V N N O H O H O O co � H N m H M H � M r H GD N � O rH dp` N O � H oN, � N T �/1 A 7 C Q « 25 a g 4 J C J o J X LL m 9 A 0 O o m i j C C Ol C Q C �