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Council withdraws planned negotiations with Ameriflex after debate over local vendor and service levels
Summary
Council debated switching the city's HSA/FSA administrator to Ameriflex for modest cost savings but eliminated the negotiation item after councilors weighed local walk-in service provided by IBC against small annual savings; staff will retain options including short-term extension.
The Sioux City Council debated whether to authorize negotiations with Ameriflex to administer the city's health savings accounts and flexible spending accounts before removing the item from the agenda.
Stewart Lee of IBC, the local vendor that currently administers the plan, reminded council members that his firm provides a local walk-in service and processes the city's claims. "We process approximately 500,000 claims a year, 7,000 actual claims, 500,000 in premium dollars that we…
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