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File #: 2642-2014    Version: 1
Type: Ordinance Status: Passed
File created: 11/6/2014 In control: Administration Committee
On agenda: 11/24/2014 Final action: 11/26/2014
Title: To authorize the Human Resources Director to enter into contract with Catamaran to provide all eligible employees prescription drug insurance coverage from February 1, 2015 through January 31, 2016 and to authorize the expenditure of $32,097,000.00 from the Employee Benefits Fund, or so much thereof as may be necessary to pay the costs of said contract; and to declare an emergency. ($32,097,000.00)
Related files: 2634-2014
Explanation

BACKGROUND: As a result of a Request For Proposal process in accordance with Section 329.14 of the Columbus City Codes, five prescription drug insurance bid responses were reviewed by the City’s Evaluation Committee, comprised of five members.

Each proposal was evaluated on the following criteria as required by section 329.14: competency to perform, quality and feasibility of the offerors technical proposal, ability to perform the required service competently, past performance, and the cost structure of the proposal. Catamaran is recommended as the prescription drug insurance benefits administrator. Catamaran’s proposal demonstrated cost savings, proven government sector experience, as well as the ability to duplicate negotiated benefits.

To maintain insurance programs in accordance with the negotiated labor contracts, additional funding of the prescription drug insurance program is necessary to insure continuation of the prescription drug insurance program. Cost estimates were based on 2013-14 trust fund expenditures using a three year average of actual city utilization, expected changes due to union negotiations, as well as input from insurance carriers and from the City’s employee benefits consultant. The contract is for a three-year period, subject to annual appropriation.

Emergency action is requested to ensure the prescription drug insurance program for city employees is able to commence as soon as contractually possible, thereby maintaining continuity of service.

Contract compliance number is 75-2578509

FISCAL IMPACT: To enter into contract with Catamaran to establish the maximum obligation liability of $32,097,000 for the prescription drug plan administration services from February 1, 2015 through January 31, 2016. Funding is available in the 2015 budget for this contract. Contingent on the passage of the 2015 Operating Budget (ordinances 2620-2014 and 2621-2014).

Title

To authorize the Human Resources Director to enter into contr...

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