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R-1880 - 05/26/2020 - PERSONNEL - Resolutions ITEM 9.13.1 BOARD OF TRUSTEES MEETING VILLAGE OF UPPER LEVEL CONFERENCE ROOM OAK BR , K BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of May 26, 2020 SUBJECT: Health, Third Party Administrator and Stop Loss Insurance, Dental, Life/AD&D Insurance, Vision Insurance & Telemedicine Agreements for 2020 - 2021 Plan Year FROM: Kathy Vonachen, Human Resource Director BUDGET SOURCE/BUDGET IMPACT: Program 126-Employee Benefits RECOMMENDED MOTION: I move to approve Resolution 2020-PL-IS-R-1880, A Resolution Approving the Waiver of Competitive Bidding and Authorizing the Purchase of Insurance Benefits for Employees and direct staff to execute Agreements after receiving final attorney review with B1ueCross B1ueShield(BC/BS)of Illinois for Group Health Insurance Coverage, Third Party Administrator (TPA) Service, and Stop Loss Insurance as well as Guardian for Dental, Dearborn National for Life and EyeMed for Vision in the Plan Year starting July 1, 2020 through June 30,202 1. Backaround/History: The Village operates a self-insured health insurance program for all PPO claims on a per individual basis for the first $85,000 ("individual specific attachment point or ISL") of claims in a given plan year (July 1 to June 30). This program has been in place in this format since 1993, but with different specific attachment points and TPAs. The Village secures Stop Loss Coverage for claims that exceed $85,000 per individual or over 125% of the annual aggregate attachment point of expected claims. As of March, the Village health benefit program has approximately 156 employees that include eligible dependents totaling 360 members. The Oak Brook Park District is also on our plan paying the full premium cost for all eligible individuals. The Village also offers a fully-insured HMO plan to all employees. Renewal Information: BOT 052620 AGENDA Page I �G THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS RESOLUTION 2020-PL-IS-R-1880 A RESOLUTION APPROVING THE WAIVER OF COMPETITIVE BIDDING AND AUTHORIZING THE PURCHASE OF INSURANCE BENEFITS FOR EMPLOYEES GOPAL G. LALMALANI, Village President CHARLOTTE K. PRUSS, Village Clerk JOHN BAAR PHILIP CUEVAS MICHAEL MANZO MOIN SAWED EDWARD TIESENGA ASIF YUSUF Village Board Published in pamphlet form by authority of the President and the Board of Trustees of the Village of Oak Brook on this the 26'h day of May, 2020 Resolution 2020-PL-IS-R-1880 Approving the Purchase of Insurance Plans Page 2 of 2 RESOLUTION 2020-PL-IS-R-1880 A RESOLUTION APPROVING THE WAIVER OF COMPETITIVE BIDDING AND AUTHORIZING THE PURCHASE OF INSURANCE BENEFITS FOR EMPLOYEES WHEREAS,the Village provides its employees with health, dental, and life insurance benefits (collectively,"Insurance Plans');and WHEREAS,the Village currently purchases health insurance coverage,third-party administrator services,and stop loss insurance from BlueCross BlueShield of Illinois(collectively,"BC/BS Plans');and WHEREAS, the Village currently purchases dental insurance coverage from Guardian Dental ("Guardian Plan'j;and WHEREAS,the Village currently purchases term life insurance coverage from Blue Cross Blue Shield,formerly known as Dearborn National("BC/BS Plans);and WHEREAS,the Insurance Plans are up for renewal;and WHEREAS, instead of putting the purchase of the Insurance Plans out to bid or request for competitive proposals,the Village Board has once again retained Vista National Insurance Group,Inc.to market the Insurance Plans to various insurance providers to obtain the most advantageous Insurance Plans for the Village;and WHEREAS,because the Village retained Vista National Insurance Group, Inc.to obtain quotes from various insurance providers,and the Village Board believes that Vista National Insurance Group, Inc.has negotiated for the purchase of Insurance Plans that are advantageous to the Village,Village staff has recommended that the Village waive competitive bidding for the purchase of the Insurance Plans; and WHEREAS,Village staff has recommended the Village Board renew:(i)the BC/BS Plans so that they continue through June 30,2021;(ii)the Guardian Plan so that it continues through June 30,2021; (iii)and(iv)the BC/BS Life Plan so that it continues through June 30,2022(collectively, "Renewals'l; and WHEREAS, the President and Board of Trustees, being fully advised in the premises, have determined that it is in the best interests of the Village and its residents to so waive competitive bidding and to approve the Insurance Plans,all subject to the appropriation of sufficient funds for the Insurance Plans in the future fiscal year; NOW THEREFORE,BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK,DU PAGE AND COOK COUNTIES,ILLINOIS as follows: Section 1: Recitals. The foregoing recitals are hereby incorporated into,and made a part of,this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook. Section 2: Waiver of Competitive Bidding Requirements. The advertising and bidding requirements for the purchase of the Insurance Plans are hereby waived in accordance with Section 1-7- 4 of the Village Code. Section 3: Authorization of Insurance Plan. The purchase of the Insurance Plans is hereby authorized. Resolution 2020-PL-IS-R-1880 Approving the Purchase of Insurance Plans Page 2 of 2 Section 4: Execution of Required Documentation. The President,Village Manager,and the Village Clerk shall be, and are hereby, authorized to execute and attest, on behalf of the Village all documents necessary to complete the purchase of the Insurance Plans pursuant to Section 3 of this Resolution,which documentation shall be in a final form approved by the Village Attorney. Section 5: Effective Date. This Resolution shall be in full force and effect from and after its passage by two-thirds of the Trustees and its approval in the manner provided by law. APPROVED THIS 26th day of May,2020 l� Gop .Lalmalani Village President PASSED THIS 26th day of May,2020 Ayes: Trustees Bear,Cuevas,Manzo,Saiyed,Tiesenga,Yusuf Nays: None Absent: None ATTEST: OF 04* � B9 Charlotte K.Pruss p Village Clerk VL a O rA �O �cF�oueTr �`�`