Title
A Resolution to Approve A Contract For the City's Reinsurance/Stop Loss For the 2020 Calendar Year
Summary
Description of Topic: (who, what, where, when, why and how much)
The City received several quotes for reinsurance/stop loss coverage on health care claims, and, ____, has provided the best quote without a rate increase. Therefore, the City desires to renew/accept the contract with _____ for the 2020 calendar year. This action is budget neutral and no budget adjustment is necessary or being requested.
Budgetary Impact: None
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request to Transfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $__________...
Click here for full text