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R-2021 - 05/24/2022 - AGREEMENTS - Resolutions THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS RESOLUTION 2022-PL-IS-R-2021 A RESOLUTION APPROVING AND AUTHORIZING THE PURCHASE OF INSURANCE BENEFITS FOR EMPLOYEES COPAL G. LALMALANI, Village President CHARLOTTE K. PRUSS, Village Clerk LAURENCE HERMAN MICHAEL MANZO JAMES NAGLE A. SURESH REDDY 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 24th day of May 2022 Resolution 2022-PL-IS- R-2021 Approving the Purchase of Insurance Plans Page 2 of 2 RESOLUTION 2022-PL-IS-R-2021 A RESOLUTION APPROVING 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 wishes to change providers and purchase dental insurance coverage from Aetna Dental ('Aetna Plan'); and WHEREAS, THE Village currently purchases term life insurance coverage from Blue Cross Blue Shield/Dearborn National ("Dearborn 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 December 2022; and (ii) change providers to the Aetna Plan so that it continues through December 2022; (iii) Dearborn Plan so that it continues through December 2022 (collectively, "Renewals',-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 2022-PL-IS-R-2021 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 24th day of May 2022 Gopal G. Lalmalani Village President PASSED THIS 24th day of May 2022 Ayes: Trustees Herman, Manzo, Reddy, Tiesenga, Yusuf Nays: None Absent: Trustee Nagle ATTES 00, 041r JA4"144—i Charlotte K. Pruss yy -` Village Clerk r vs