Report to Mayor and City Council
Tuesday, August 04, 2020
Consent
SUBJECT:
Title
CONSIDER APPROVAL OF AMENDMENT NO. 2 TO THE AGREEMENT FOR ADMINISTRATIVE SERVICES WITH PRINCIPAL LIFE INSURANCE COMPANY FOR ADMINISTRATION OF THE CITY OF CARSON SELF-INSURED DENTAL PLAN AGREEMENT (CITY COUNCIL)
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I. SUMMARY
The City Council approved changing dental insurance service providers from Premiere Access to Principal Life in April/May 2017. Accordingly, the change in carriers took place and Staff negotiated a one-year Administrative Services Agreement (Exhibit 1; the "Agreement") with Principal Life, effective November 1, 2017, for processing of non-discretionary claims and provision of administrative services related to the dental insurance plan. The agreement included options for the City to extend the term of the Agreement for up to three successive one-year terms. Amendment No. 1 to the Agreement, effective on November 1, 2018, extended the initial term of the Agreement by two years (from November 1, 2018 until November 1, 2020) with all provisions other than the term of the contract remaining in full force and effect, including the fee rates and the City's three one-year options to extend the agreement.
At this time, staff is returning to the City Council for approval of Amendment No. 2 to the Agreement (Exhibit 3) to exercise the City's first one-year option to extend the term of the Agreement (from November 1, 2020 until November 1, 2021). The existing fee rates under the Agreement will be continued for the extension period.
II. RECOMMENDATION
Recommendation
1. APPROVE Amendment No. 2 to the Agreement, to exercise the City's first one-year option to extend the term of the Agreement, from November 1, 2020 until November 1, 2021, at existing fee rates (Exhibit 3) ("Amendment No. 2"); and
2. AUTHORIZE the Mayor to execute Amendment No. 2 following approval as to form by the City Attorney.
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III. ALTERNATIVES
Take any other action deemed approp...
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