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Staff recommends new medical, pharmacy and ancillary carriers in benefits RFP; city projects ~$2.6M savings
Summary
City staff presented a recommendation to award multiple lines in a benefits RFP including continuing Aetna for medical and switching pharmacy administration to Rx Benefits/OptumRx; council praised projected savings; formal action scheduled for a future meeting.
City staff on Sept. 16 briefed the Amarillo City Council on the results of a request for proposals (RFP) covering major medical, pharmacy and ancillary employee benefits and said staff will present formal contract recommendations at an upcoming meeting.
Mitch Norman, presenting for benefits staff, said the RFP process produced 28 carrier responses and that the evaluation committee and the city's benefits consultant (HUB International) scored bidders on price, administrative flexibility, quality of service, reporting and references. The committee recommended continuing medical administration with Aetna Life Insurance and…
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