Title:
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Resolution authorizing the negotiation and execution of four, five-year service agreements for the third-party administration of Medical, Dental, and COBRA with Blue Cross Blue Shield of Texas in an estimated total annual amount up to $1,750,140; Pharmacy Benefit Management with Caremark PCS Health, LLC. in an estimated amount up to $11,121 annually; Life & Accidental Death and Dismemberment with Blue Cross Blue Shield of Texas in an estimated amount up to $97,464 annually; and, Long-Term Disability with Blue Cross Blue Shield of Texas in an estimated amount up to $106,451 annually, for a total estimated amount up to $1,965,176 annually for the City’s self-funded employee health benefits, with an estimated five-year total value in an amount up to $9,825,880.
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