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Item 4F Audio50UTHLAI<E 0 Item 4F Approve a contract with United Healthcare to provide employee dental benefits for Plan Year October 1, 2010 to September 30, 2011. Inte riry Innovation Accountability Commitment to Excellence Teamwork 9 Fulfill Our Mission Deliver on Our Focus Areas Serve Our Customers Manage the Business Provide Financial Stewardshil Promote Learning and Growtt City of Southlake Strategy Map Safety and Mobility Infrastructure Quality Partnerships Performance Management Security Development and Volunteerism and Service Delivery Background • RFP Issued in June, 2010 - Responses from 10 carriers 10 -f T \ OF UTHL 1 Vendor Broker 1. Aetna Lifetime Benefits, Inc 2. Ameritas Lifetime Benefits, Inc 3. Guardian Lifetime Benefits, Inc 4. Cigna Lifetime Benefits, Inc 5. Blue Cross Blue Shield Lifetime Benefits, Inc 6. Delta Lifetime Benefits, Inc 7. SunLife Lifetime Benefits, Inc 8. TML Lifetime Benefits, Inc 9. MetLife Lifetime Benefits, Inc 10. United Healthcare Lifetime Benefits, Inc Virtual Benefits 10 -f T \ OF UTHL 1 Background Proposal Review Process — Evaluation Criteria: • Experience and reputation • Proposed schedule of benefits • Rates • Provider network access • Reporting and cost management — Finalist Meetings -r\ e--,,r UTHL K w Background Aetna - 3% premium rate increase - Maintain current plan design United Healthcare -Dual option DHMO / PPO plans - Similar to current plan design - Estimated 8% reduction in premiums Staff recommendation: United Healthcare SOUTHLAKE n Financial Considerations • Estimated cost of dental insurance premiums: Estimated Annual City decrease: $ (8,337) Estimated Annual Total Premium Cost: (City &Employee contributions) $ 172 • Funding for dental insurance will be included in the proposed FY 2011 budget. SOUTHLAKE Recommendation Approve a contract with United Healthcare to provide employee dental benefits for Plan Year October 1, 2010 to September 30, 2011. - „T\ O UTHL 1 Y C7F OUTHL KE 0 Inte riry Innovation Accountability Commitment to Excellence Questions.? Stacey Black (817) 748 -8063 Teamwork