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Council reviews proposal for actuarial review of city health plan; $20,000 cap

3644072 · June 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Resolution 41 would authorize contracting with Conrad Siegel to conduct an actuarial review of the city's health care program to identify efficiencies and consider bid options; the contract is capped at $20,000 and council moved the resolution to the legislative agenda for a formal vote.

Council members heard a presentation on Resolution 41 of 2025, authorizing a professional services agreement with Conrad Siegel, Inc., to provide an actuarial review of the city's health care program.

John Sapocek, a consulting actuary with Conrad Siegel, said the scope includes review of plan operations, administrative contracting (medical carrier, pharmacy benefit managers, stop-loss carriers), trend…

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