RESOLUTION NO. __________ A RESOLUTION AUTHORIZING THE DIRECTOR OF HUMAN RESOURCES TO ENTER INTO AN AGREEMENT WITH UNITED HEALTHCARE TO PROVIDE THE CITY OF CHATTANOOGA MEDICARE ELIGIBLE RETIREES WITH TWO (2) MEDICARE ADVANTAGE HEALTH PLANS AT THE RATES OF TWO HUNDRED NINETY AND 42/100 DOLLARS ($290.42) PER MEMBER PER MONTH AND THREE HUNDRED FIFTY-FOUR AND 86/100 DOLLARS ($354.86) PER MEMBER PER MONTH, WITH THE INTIAL TERM OF THE POLICY BEING JANUARY 1, 2018 THROUGH DECEMBER 31, 2018, WITH TWO (2) ADDITIONAL TWELVE MONTH RENEWALS, AND TWO (2) ADDITIONAL TWELVE (12) MONTH OPTIONS REMAINING. ______________________________________________________ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHATTANOOGA, TENNESSEE, That it is hereby authorizes the Director of Human Resources to enter into an agreement with United Healthcare to provide the City of Chattanooga Medicare eligible retirees with two (2) Medicare Advantage health plans at the rates of $290.42 per member per month and $354.86 per member per month, with the initial term of the policy being January 1, 2018 through December 31, 2018, with two (2) additional twelve (12) month renewals, and two (2) additional twelve (12) month options remaining. ADOPTED: /vmm
__________________, 2017
City of Chattanooga Resolution/Ordinance Request Form
Date Prepared: 9/7/2017 Preparer: Madeline Green
Department:
Human Resources
CONSENT DECREE ________ PUBLIC HEARING REQUIRED ________ Brief Description of Purpose for Resolution/Ordinance:
DISTRICT NO.___________
A resolution authorizing the Director of Human Resources to enter into an agreement with UnitedHealthcare to provide the City of Chattanooga Medicare eligible retirees with two (2) Medicare Advantage health plans at the rates of $290.42 per member per month and $354.86 per member per month. The initial term of the policy will be 1/1/2018 through 12/31/2018 which will be the first twelve (12) month term with two (2) additional twelve (12) month renewals, and two (2) additional twelve month options remaining.
Name of Vendor/Contractor/Grant, etc.
UnitedHealthcare
New Contract/Project? (Yes or No) Yes
Total project cost
$
3,600,000
Total City of Chattanooga Portion
$
3,600,000
City Amount Funded
$
3,600,000
New City Funding Required
$
0
City's Match Percentage
%
Funds Budgeted? (YES or NO)
Yes
Provide Fund
6526
Provide Cost Center E10201, 742301 Proposed Funding Source if not budgeted Grant Period (if applicable)
List all other funding sources and amount for each contributor. Amount(s)
Grantor(s)
$ $ $
Agency Grant Number CFDA Number if known Other comments: (Include contingency amount, contractor, and other information useful in preparing resolution)
Approved by: Reviewed by:
FINANCE OFFICE
DESIGNATED OFFICIAL/ADMINISTRATOR
PLEASE SEND COMPLETED FORM TO: @BUDGET; DAISY MADISON; AND
[email protected] Revised: August 2, 2017 Questions? Contact Finance Department . 423.757.5232