Agenda

Back to Calendar Return

County Administrator's Report 10. 31.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	09/06/2018
Issue: Flexible Benefits Plan Administrative Services
From:	Eric Kleinert
Department:	Human Resources
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Flexible Benefits Plan Administrative Services - Eric Kleinert, Human Resources Department Director

That the Board take the following action concerning Flexible Benefits Plan Administrative Services:

A. Award a Contract to Lockard & Williams Insurance Services, P.A., for Flexible Benefit Plan Administrative Service to provide an annual premium amount estimated at $17,052, based on current participation, for administrative services per Plan Year, for all eligible employees, effective January 1, 2019. All eligible employees electing a debit card will be responsible for the cost of the debit card; and

B. Authorize the County Administrator to sign the Administrative Services Agreement for Group Flexible Benefits Plan between Lockard & Williams Insurance Services, P.A. and Escambia County (the Agreement will be drafted upon approval of this Board action).

[Funding Source: Fund 501, Internal Service Fund; Cost Center 150107, Object Code 531301]

BACKGROUND:

USI solicited the market for the County and received eight proposals:

BPAS                                                Discovery Benefits
PayFlex                                             PrimePay
Sterling Administrative                      Tasc
Wageworks                                       Lockard & Williams

The County received a five-year guaranteed rate for Flexible Spending administrative services from Lockard & Williams Insurance Services, P.A. at $3.50 per employee per month. In the past year, our numbers have increased in the program, due to providing a better understanding of what the program offers with the help of Lockard & Williams and their service representative. One key change that has assisted the programs is the $500 rollover clause that was approved by the Board. The program benefits both the employees and the County through FICA savings received on the amount the employee elects each year.

BUDGETARY IMPACT:

Funds are available in Fund 501, Internal Service Fund, Cost Center 150107, Object Code 531301.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

A Purchase Order will be the instrument utilized for making payment against the Contract. The Human Resources Department will coordinate with the County Attorney’s Office to ensure any legal requirements are met.

Attachments
No file(s) attached.