City of Columbus - File #: 0036-2006

• File #: 0036-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/3/2006
• In control: Administration Committee
• On agenda: 1/30/2006
• Final action: 2/1/2006
• Title: To authorize the Human Resources Director to modify and extend the existing contract with Aetna Life Insurance Company to provide all eligible employees COBRA continuation insurance coverage from February 1, 2006 through January 31, 2007 and to authorize the expenditure of $9,950.00 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. ($9,950.00)

Date	Ver.	Action By	Action	Result
2/1/2006	1	MAYOR	Signed
2/1/2006	1	CITY CLERK	Attest
1/30/2006	1	Columbus City Council	Approved	Pass
1/30/2006	1	COUNCIL PRESIDENT	Signed
1/19/2006	1	HR Drafter	Sent to Clerk's Office for Council
1/18/2006	1	HR Drafter	Sent for Approval
1/18/2006	1	CITY AUDITOR	Contingent
1/18/2006	1	CITY AUDITOR	Reviewed and Approved
1/17/2006	1	EBOCO Reviewer	Reviewed and Approved
1/17/2006	1	ODI DIRECTOR	Reviewed and Approved
1/17/2006	1	HR Drafter	Sent for Approval
1/17/2006	1	CITY ATTORNEY	Reviewed and Approved
1/13/2006	1	Finance Reviewer	Reviewed and Approved
1/13/2006	1	FINANCE DIRECTOR	Reviewed and Approved
1/13/2006	1	HR Drafter	Sent for Approval
1/12/2006	1	HR Drafter	Sent for Approval
1/11/2006	1	HR DIRECTOR	Reviewed and Approved
1/3/2006	1	HR Drafter	Sent for Approval

Explanation
BACKGROUND: To maintain the insurance programs in accordance with the negotiated labor contracts, it is necessary to modify and extend the existing contract with Aetna Insurance, and to provide additional funding for the continuation of the COBRA insurance program. Cost estimates were based on 2004-2005 trust fund expenditures trended on the basis of a three-year average of actual City utilization in conjunction with industry trends. The contract was awarded in 2005 as a result of an extensive RFP process. This contract is for a three-year period, subject to annual appropriation; this ordinance represents the second renewal option.

Contract compliance number: 06-6033492

FISCAL IMPACT: To modify and extend the existing contract with Aetna Insurance to establish the maximum obligation liability, and to authorize the expenditure of $9,950.00 for COBRA administrative services from February 1, 2006 through January 31, 2007. Aetna quoted a second year participant per month rate of $14.65. Funding is available in the 2006 budget for this contract. This ordinance is an emergency measure to ensure continued insurance coverage as negotiated by union contracts.

Title
To authorize the Human Resources Director to modify and extend the existing contract with Aetna Life Insurance Company to provide all eligible employees COBRA continuation insurance coverage from February 1, 2006 through January 31, 2007 and to authorize the expenditure of $9,950.00 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. ($9,950.00)

Body
WHEREAS, it is in the best interest of the City of Columbus to modify and extend the existing contract with Aetna Life Insurance Company to provide all eligible employees COBRA continuation insurance from February 1, 2006 through January 31, 2007; and

WHEREAS, it is necessary to authorize the expenditure of up to $9,950.00 or so much thereo...