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<br />PROPOSALS FOR BENEFITS CONSULTING SERVICES <br /> <br />Infonnal proposals were received from Grizzaffi Darby, LLC and Effective Plan Management, Inc. <br />Both proposals offered similar services which are outlined below. <br /> <br />Services Offered: <br /> <br />1. Review all aspects of current plan including: <br />a. Third party administrator contract <br />b. PPO contracts <br />c. Prescription benefit manager contract <br />d. Specific / Aggregate stop loss contracts <br />e. HIPP A & Cobra compliance <br />f. Claims and loss data <br />g. Premium adequacy <br />h. Coverage levels <br /> <br />2. Set Up of Section 125 Plan <br />a. Premium conversion <br />b. Flexible spending accounts <br /> <br />3. Recommendations Based on Review. <br />a. Long range planning <br />b. Employee insurance committee <br /> <br />4. Prepare request for proposals, identify vendors, analyze responses, and make recommendations. <br /> <br />5. Aid in administrative procedures caused by vendor changes if necessary. <br /> <br />6. Aid in open enrollment/education meetings. <br /> <br />7. Engage in follow up activities. <br /> <br />The costs of services are estimated to be $40,716 for Grizzaffi Darby, LLC and $24,000 for Effective <br />Plan Management. Both finDS advocate a multi-year agreement. <br />