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County signs New Synergy admin agreement, schedules benefit open-enrollment sessions
Summary
Commissioners authorized the chairman to sign a New Synergy agreement for FSA and COBRA administration after staff said the change would lower per-employee monthly costs; open enrollment was scheduled for this week.
Montgomery County commissioners authorized the chairman to sign an agreement with New Synergy for flexible spending account (FSA) and COBRA administration and heard staff outline open-enrollment dates and times.
The commission approved a motion to allow the chairman to sign the New Synergy agreement after staff said the vendor will lower administrative costs compared with the previous arrangement.
Why it matters: the change affects county employee benefits administration and enrollment operations; staff said per-employee-per-month administrative fees will be lower under New Synergy and that signing is needed before open enrollment.
Agreement details and savings: staff member Katie said switching to New Synergy would save the county roughly $0.44 per employee per month for FSA administration and about $0.25 per employee per month for COBRA administration. Katie told commissioners the draft agreement was reviewed by Paul (staff/legal) and circulated to Bukati for final revisions before signature.
Motion and vote: a motion was made for the chairman to sign the New Synergy agreement on behalf of the commission; the motion was seconded and passed by roll call: Commissioner Beaver yes; Commissioner Cordray yes; Commissioner Klubine yes.
Open enrollment schedule: staff said the county's open-enrollment sessions were set for Thursday and Friday of the same week: Thursday sessions at 10 a.m., 12 p.m. and 2 p.m., and Friday sessions at 7:30 a.m. at the County Barn for a public group meeting. Staff said UKD (third-party benefits partner listed in staff remarks) will be present to help employees enroll and that a Zoom option may be arranged for remote employees.
Next steps: staff will finalize the corrected New Synergy agreement for signature and distribute the updated benefits book and enrollment assistance at the scheduled sessions.
