R-2022-373 - 11/17/2022 RESOLUTION NO. R-2022-373
WHEREAS, the City of Round Rock (the "City") previously entered into an Administrative
Services Agreement("Agreement") with United Healthcare Insurance Company ("United Healthcare")
for Stop Loss insurance on December 16, 2021 by Resolution No. R-2021-333, and
WHEREAS, the City Council desires to renew said Agreement for Stop Loss insurance for the
period of January 1, 2023 through December 31, 2023,Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,TEXAS,
That the Council hereby authorizes renewal of the Administrative Services Agreement with
United Healthcare for insurance coverage for the guarantee period of January 1, 2023 through
December 31, 2023 as set forth in the Stop Loss Renewal document from United Healthcare attached
as Exhibit"A."
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended
RESOLVED this 17th day of November, 2022.
-1A /*
CRAICIMOXdAN, Mayor
City of Rou d Rock, Texas
ATTEST:
JA
MEAGAN INKS,tity Clerk
0 112.20222;4879-5196-0894/ss2
EXHIBIT
"All
City of Round Rock ' ISL Pricing Comparison
UnitedHealthcare
ASO ISL Pricing Comparison Exhibit
customer Name: City of Round Rock
Effective Date: 1/1/2023
Proposed Individual Stop Loss Level: $200,000 $200.000
Individual Stop Loss Liability Limit: Unlimited Unlimited
ISL Total Quoted Subscribers: 903 903
Fixed Costs:
Individual Stop Loss Rates PSPM $126.97 $135.86
Lasered Claimants No No
Proposed Individual Stop Loss Level: $200,000 $200,000
Expected number of claimants over ISL deductible 5 S
Actual number of claimants over ISL deductible 4 4
ISL Annual Premium at Proposed ISL Deductible $1,375,847 $1,472,127
10127120221 32 PM Confidential/Proprietary/Competitively Sensitive Information