Broward County Commission Regular Meeting

A. MOTION TO APPROVE extending the agreement for the voluntary employee-paid insurance product, Long Term Disability Insurance, for one additional year ending December 31, 2019 with no change in plan design or premium rates; and authorize the County Administrator to execute same.

(Transferred to the Consent Agenda.)

ACTION:  (T-10:57 AM)  Approved with Yellow-Sheeted Additional Material, dated September 25, 2018, submitted at the request of Finance and Administrative Services Department.

VOTE: 9-0.

B. MOTION TO APPROVE extending the agreement for the County- and employee-paid insurance product, Term Life and Accidental Death and Dismemberment Insurance (County portion paid, $25,000) and Hazardous Occupation and Felonious Assault Coverage (paid by County), for one additional year ending December 31, 2019 with no change in plan design or premium rates; and authorize the County Administrator to execute same.

(Transferred to the Consent Agenda.)

ACTION:  (T-10:57 AM)  Approved with Yellow-Sheeted Additional Material, dated September 25, 2018, submitted at the request of Finance and Administrative Services Department.

VOTE: 9-0.
 

Motions A. and B. In accordance with Section 21.4 of the Procurement Code, contracts for supplies or services may not be entered into for more than five years without express consent of the Board.

None.

THE PURCHASING DIVISION, THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE HUMAN RESOURCES DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTIONS.

To prepare for calendar year 2019, staff seeks Board approval to extend for one year the current agreements approved by the Board on February 25, 2014 (Item No. 24 and Item No. 26) for voluntary employee-paid Long Term Disability Insurance, and County and voluntary employee-paid Term Life and Accidental Death and Dismemberment Insurance (County paid portion - $25,000 provided to all benefit-eligible employees), and Hazardous Occupation and Felonious Assault Coverage as required by the applicable Collective Bargaining Agreements (County paid). These extensions are with no change in plan design or premium rates. No renewals remain for the existing five-year contracts.

This one-year extension request is based on the additional time needed to address issues in the Request for Proposals for benefit plan solicitations. The current vendors (Standard Insurance Company and Minnesota Life Insurance Company respectively) have both agreed to these extensions with no change in plan design or premium rates.

Exhibit 1 provides a description of each product, the current carrier, contract value, participation rates and other background information.

Kevin B. Kelleher, Deputy CFO, Finance and Administrative Services Department, (954) 357-7132