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Keenan & Associates City of La Quinta March 23, 2021 Karyn Goodsite Assistant Vice President 4204 Riverwalk Pkwy Suite 400 Riverside, CA 92505 951.255.1272 kgoodsite@keenan.com Employee Benefits Broker/Consultant Services 0 City of La Quinta Response to Request For Proposal March 23, 2021 Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. TABLE OF CONTENTS 1. COVER LETTER .......................................................................................................... 1 FIRMS BACKGROUND, QUALIFICATIONS, AND EXPERIENCE: ....................................... 3 2. REFERENCES OF CALIFORNIA GOVERNMENT AGENCIES ....................................... 19 3. COST OUTLINE ......................................................................................................... 20 4. LIST OF COMPLEMENTARY SERVICES ..................................................................... 22 5. STAFFING AND PROJECT ORGANIZATION ............................................................... 23 6. SUBCONTRACTING SERVICES ................................................................................... 28 7. DISCLOSURES ............................................................................................................ 29 8. EXPLANATION OF METHODOLOGY .......................................................................... 30 9. ACKNOWLEDGMENT OF INSURANCE REQUIREMENTS ............................................ 42 10. NON-COLLUSION AFFIDAVIT ................................................................................... 44 11. ACKNOWLEDGEMENT OF ADDENDA ........................................................................ 46 APPENDICES ...................................................................................................................... 48 APPENDIX 1 – SAMPLE ANNUAL REPORT .................................................................. 49 APPENDIX 2 – SAMPLE BENEFITS ENROLLMENT GUIDE (5 PAGES)............................ 96 1 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 1. COVER LETTER March 23, 2021 City of La Quinta Attn: Human Resources Division 78495 Calle Tampico La Quinta, California 92253 Re: RFP – Employee Benefits Broker/Consultant Services Dear Selection Committee: Keenan is pleased to present our proposal to Employee Benefits Broker/Consultant Services to the City of La Quinta. Keenan has specialized in the needs of California public agencies and schools since our inception in 1972. Our philosophy is based on a consultative approach. Rather than just placing your coverage with carriers and vendors, our goal is to establish a partnership where we can serve as an extension of your human resources division. In this role, we regularly reevaluate your existing programs to identify alternative options that can provide greater value to both the City and your employee benefits program participants. Ultimately, Keenan's role in this partnership is to alleviate as much workload from your team so that your human resources staff can focus on your primary organizational and mission-critical goals. This effort includes identifying efficiencies that can be obtained in your benefits program for both administration, as well as ease of use for your employees. As such, we serve as proactive advocates, identifying where potential problems may arise so that they can be addressed before they impact your budget or program. Furthermore, our consulting services are designed to understand the entire life cycle of the public sector employee, from their initial hire through post-employment benefit needs. With Keenan, you will not only receive the best products, the greatest selection of options, and the most dedicated customer service the industry can provide, but you will gain a partner who truly cares about you and the needs of your employees. Thank you for the opportunity to submit a proposal for your consideration, including pricing for the targeted scope of services included in the RFP. As the Municipalities Practice Leader of Keenan & Associates, I am fully authorized to bind Keenan & Associates to the following proposal. 2 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. We look forward to this opportunity to serve you and the employees of the City of La Quinta. Should you have any questions regarding this proposal, please do not hesitate to contact Karyn Goodsite at 951.255.1272 or via e-mail at kgoodsite@keenan.com. Sincerely, Laurie LoFranco Senior Vice President, Municipalities Practice Leader 3 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. FIRMS BACKGROUND, QUALIFICATIONS, AND EXPERIENCE: (a) Number of years in business Keenan was established 49 ago in 1972. (b) Taxpayer identification number Keenan's Federal Tax ID Number is 95-2798626. (c) Firm ownership and, if incorporated, list the state in which the firm is included and the date of incorporation Keenan was founded and incorporated in California on December 2, 1972. Keenan is privately-held and became part of the AssuredPartners family of companies in March of 2017. AssuredPartners was founded in 2011 and is headquartered and incorporated in Florida. (d) If the firm is a subsidiary of a parent company, identify the parent company AssuredPartners is Keenan's parent company. (e) Resumes of the Project Manager and key personnel who will be responsible for performance if any agreement results from this RFP The following key personnel will support the City of La Quinta's benefits programs: Day-to-Day Service Team • Karyn Goodsite - Account Executive • Yvette Fields - Senior Account Manager • Laurie LoFranco - Practice Leader, Municipality Benefits Extended Support Team (As-Needed) • Jovita Juanillo - Senior Vice President, Underwriting & Actuarial • Christine Hough - Vice President, Underwriting & Actuarial • Ralph Gowen - Vice President, Client Technology • Robin Rager - Director of Health Management • Amy B. Donovan - Vice President, Legislative & Regulatory Affairs Bios for these Key Personnel are included in Section 5 of this proposal. (f) Applicable certifications and licenses All personnel assigned to support the City of La Quinta have the appropriate insurance licenses. Keenan's California Department of Insurance license number is 0451271. 4 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. (g) Discuss your firm's resources and activities as they relate to knowledge and understanding of municipalities Keenan is unique in that it was founded and remains dedicated to serving California public agencies' unique needs. Furthermore, our consulting services are designed to understand the complete life cycle of the public sector employee, from their initial hire through post-employment benefit needs. With Keenan, you will not only receive the best products, the greatest selection of options, and the most dedicated customer service the industry can provide, but you will gain a partner who truly cares about you and the needs of your employees. Keenan currently provides brokerage and consulting services to more than 1,100 California public agencies and schools, including more than 150 municipalities. (h) Describe your firm's resources and services provided. Include both the services outlined in this request, as well as additional services that you would like to recommend and/or provide Keenan's mission is to protect our clients' financial assets by constantly anticipating change and redirecting solutions to ensure that their benefits programs provide their employees, retirees, and their families with high-value benefits, within a sustainable philosophy. • Value and Position in the Marketplace – Keenan is one of the largest regional consultants/brokers, and our parent company, AssuredPartners, is one of the largest nationally. As part of the AssuredPartners family of companies, we have a significant block of business with virtually all carriers and the single largest block of public agency business in California. Our market share affords us significant leverage with these carriers. 5 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Benefits Underwriting and Actuarial Services Department – Our Benefits Underwriting and Actuarial team is highly experienced in the use of carrier and administrator data for the purpose of analyzing utilization and determining actionable targets for improvement of utilization metrics. We review the existing reporting identify gaps that are not being provided and make recommendations for obtaining any additional data needed to produce a complete picture of our client's experience. • Proactive Advocates – We are proactive advocates for our clients, working on behalf of you and your employees, as well as their dependents, on all topics and issues. As a resource for the City of La Quinta, we are an extension of your benefits department, providing both expert guidance and valuable support to all parties. With our market leverage, combined with our internal subject matter experts' expertise, we are uniquely positioned to intervene efficiently and effectively for the City of La Quinta on all benefits issues. • Legislative and Regulatory Updates & Review Summary Plan and Evidence of Coverage Documents – Keenan's legal department provides our clients with comprehensive communications and training on legislative and regulatory issues that impact their benefit plans and participants. We regularly issue written briefings to all our clients, and provide an annual summary of key compliance considerations in advance of renewal. Additionally, our professional contract specialist and service team are ready to assist the City of La Quinta in reviewing the insurance provisions in your SPDs and EOCs. We review to make sure that the provisions you applied and contracted for are correctly included and that compliance disclosures have been incorporated in the documents. • Open Enrollment and Communications Support – Keenan's Service Team is highly experienced in assisting with the full range of open enrollment and employee communications capabilities. From coordination of open enrollment events, design of materials, and implementation of online systems for enrollment and communications, Keenan will deliver comprehensive enrollment support customized to the City of La Quinta's needs. Additionally, we will review and recommend enhancements for employee and retiree communications for both the types of communications and the methodology for communicating with the different employee groups. 6 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Provide Comprehensive Wellness Program Consulting – Keenan has a team of subject matter experts that specifically focus on analyzing, crafting, and implementing wellness programs for California public agency clients. Our educated professionals will provide the City of La Quinta with valuable analysis and recommendations regarding your wellness program. Keenan's Wellness Program Specialists have practical knowledge and experiences in advocating for clients and will work in the City of La Quinta's best interest in dealing with health plans and health management service vendors. The specialist provides data monitoring and analytic expertise. • Administrative Tools and Resources – Keenan has an impressive number of specifically designed resources to support California municipalities for administrative support, including proprietary Keenan-owned technologies. Our suite of services includes BenefitBridge, Health Care Reform consulting and services, COBRA Administration, Enrollment and Communications support, and Section 125 support. While many firms have some public sector clients, Keenan's clients are California public agencies. Our entire history has been dedicated to developing innovative solutions that address the benefit issues for public agencies. Furthermore, our consulting services are designed around an understanding of the full life-cycle of the public sector employee, from their initial hire through post-employment benefit needs. Additionally, as a privately-held firm, we are able to focus on the long-term needs of our clients. Our competitors, as publicly-traded firms, have to be concerned with Wall Street or venture capital ownership that forces them into short-term planning. Keenan's focus is on being part of your community; being main street and providing the solutions that our clients need for long-term strategic goals. If one of our clients simply views us as a vendor, we have failed to realize our mission and core philosophies. Our clients should recognize us as a proactive partner and an extension of their own human resources and benefits personnel. With our focus on providing solutions to California public entities, we have developed a unique perspective of how intertwined our interests are. All our associates are ultimately consumers of our public sector clients' services. Just as significantly, we are all directly impacted by our clients' budget concerns as consumers and community members. Therefore, we approach every project and every client-need with the explicit knowledge that we are obligated to provide a high-value solution for these agencies, mindful of budgetary concerns. 7 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. UNIQUE PROGRAMS DESIGNED FOR OUR CLIENTS As a proven leader in California public sector consulting, Keenan's database of public employers is unmatched in California. We have developed several proprietary programs designed to meet the unique needs of the public sector. While not all of our innovative solutions fit every client's specific requirements, we work closely to identify the appropriate services to ensure the best quality of service at a competitive price. Our unique and proprietary services include: • BenefitBridge – A more robust, proprietary Web-based technology solution for employee benefits administration, eligibility, enrollment, billing, reporting, and employee communications. • Individual and Family Plan – A solution that greatly assists Part Time employees as well as employees with dependents over age 26 is Keenan's Individual and Family Plan Division. Using KeenanDirect.com and/or our licensed, certified customer service staff, individuals can check their subsidy eligibility and sign up for insurance with any carrier in or out of Covered California. • KeenanWell – A comprehensive health management program incorporating wellness and disease management, including online tracking, personal health strategies and coaches, and engaging site-based programs, if desired. • Keenan Pharmacy Purchasing Coalition (KPPC) – An innovative pharmacy program that delivers cost savings and the most advanced prescription management capabilities. In just four years, KPPC has grown to more than 275,000 members and has saved over $55 million for participating plans. (i). Describe your firm's resources or methods to provide education on best practices, trends, or hot topics Keenan's Legal Department maintains dedicated personnel who regularly track both pending and newly enacted legislation to provide updates to our clients promptly. These are issued to clients through briefings, blog posts, webinars, and regular service team meetings with the City. EDUCATION OF KEENAN SERVICE TEAM Ongoing education and information dissemination to Keenan Sales and Service Teams is provided through: • Monthly Sales/Service Team Meetings – Each month, all Keenan Municipality Sales and Service teams in the state meet to discuss specific 8 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. activities occurring at each client. This forum allows each group to share how client issues were addressed, solutions that were implemented, and what methods have proven to be best practices. By facilitating monthly dialogue internally at Keenan, we avoid "reinventing the wheel" regularly. But similarly, this facilitates a collaborative approach across all teams for solutions that can positively impact all clients. • Annual Service Team Meetings – Annually, all Keenan Service teams in the state meet to discuss major benefits issues, new products that are being rolled out to improve client programs and savings, and major changes tracked in the industry, and other related items. Similar to the monthly meetings, these allow for collaborative solutions to be developed for our clients. • Internal Webinars and Seminars – Outside of monthly and annual meetings, all Keenan Service team members participate in internal webinars and training on various topics, as they become relevant. For example, suppose major changes to voluntary benefits programs are being impacted by new legislation. In that case, Keenan subject matter experts provide an internal webinar on the subject to educate our employees on what information needs to be communicated to clients, and what resources (i.e., written information) can be provided to help our clients understand the issue being addressed. DISSEMINATION OF CRITICAL/RELEVANT INFORMATION TO CLIENTS Information is disseminated to our clients in a number of ways. Your assigned Service Team will communicate relevant information to you. This communication includes: • Webinars – Keenan conducts webinars and training throughout each year for our clients on major benefits program issues. Keenan Service Team members will make you aware of upcoming webinars, as well as previously recorded webinars, that may be of importance to you and your overall benefits program. • Client Briefings – Client Briefings are issued multiple times throughout the year, whenever legislative or regulatory information needs to be communicated. Your Service Team will forward these briefings to you, and be available to discuss the issues covered with you. 9 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Keenan Blog – Keenan maintains a blog that includes weekly posts on a variety of insurance-related topics. Anyone can subscribe to the blog; however, your Service Team will also alert you of blog posts that may be specifically relevant to you. • Keenan Benefits Survey – For more than 40 years, we have been conducting benefit surveys for California public agencies. Having the largest single block of California public agency clients has afforded us a significant amount of data with which we have been able to analyze that data to identify trends, major cost drivers and areas for potential savings through plan design and program structure. Annually, we publish the results of our benefits survey and present these findings to our clients. Over the years, many agencies have found this report to be a valuable reference tool in reviewing their benefits programs and exploring program alternatives. • Keenan's Website and Other Internet Resources – All of the resources mentioned above are also archived and easily accessible on Keenan's website. Additionally, Keenan posts articles and presentations from other resources on our Facebook, LinkedIn, and Twitter feeds. (j) Describe your firm's legal research capabilities and how you communicate legislative updates to your clients All of Keenan's service team personnel are trained on current legislative issues and potential changes to legislation and regulations, including those listed above. As critical legislation is enacted, Keenan will provide the City of La Quinta with comprehensive resources to ensure you receive the information needed to keep abreast of the changes in state and federal laws, statutes, and regulations. Our services include access to webinars, trainings and manuals, based on the type of issues being covered. Keenan's Legal/Compliance Department maintains dedicated personnel who regularly track both pending and newly enacted legislation in order to provide updates to our clients in a timely manner. Communication of legislative issues is provided by Briefings, webinars and onsite 10 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. meetings. Our website features a section specifically devoted to California public agencies. Webinars can be viewed and downloaded at: http://www.keenan.com/resources/webinars/ Additionally, Keenan is a member of the Council of Insurance Agents and Brokers (CIAB) Legal Counsel Working Group and is represented by Amy Donovan at the CIAB's meetings in Washington D.C. where she meets regularly with federal lawmakers, lobbyists and thought leaders to discuss national trends in health and liability insurance issues. Keenan regularly distributes Compliance Advisories designed to inform clients of news and legislation that may impact them. During the past three years, Keenan has conducted many client seminars and educational programs, provided at no cost to our clients. Topics include: • Health Benefit Webinars and Trainings: Keenan conducts webinars and trainings throughout each year for our clients that cover topics including: health care reform; HIPAA; FMLA; CFRA, COBRA; and, pending legislation. • GASB Retiree Health Liability Lunch & Learns: An introduction to the requirements for accounting for and reporting future benefit liabilities and strategic solutions for funding and investment (conducted in numerous local community groupings throughout the state). • Collaboration with our Benefit Underwriting & Actuarial Department: Our legislative team works with our actuaries and underwriters to assess the cost impact of legislative changes to retiree benefit programs to proactively inform clients of potential increases in future costs. • Affordable Care Act Lunch & Learns: Keenan presents training and legal updates throughout California on the latest regulatory changes and legislation under the Affordable Care Act. Information is presented in layman 's terms with concrete examples of how to make legal changes applicable to each agency's needs. • Conference Speakers: Keenan is a frequent conference speaker on various topics related to benefits, legal issues and financial related savings products. Our Health Care Reform Consulting Services provide our customers direction and strategic planning to prepare for and implement the Affordable Care Act (ACA). Recognizing the significant impact Health Care Reform (HCR) would have on our clients, Keenan committed resources early on to providing consulting and education services around HCR for our clients. Starting in 2010 when the ACA was signed into law, we began conducting extensive and continuing internal training dedicated to the 11 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. ACA to prepare our field teams to work with our customers. We have a full-time attorney and research team specializing in employee and retiree benefits and the provisions of the ACA. As regulations are released, we developed numerous consulting tools used to educate clients and analyze the benefit plan and workforce characteristics that will affect critical decisions. These capabilities combine to give our clients approaches and solutions that individually fit their objectives and philosophy. We developed an online resource (www.keenan.com/hcr) available to all our public agency clients and the public as a whole to educate and disseminate information about the ACA. Each week the Web site is updated with the latest developments about HCR. We have hosted more than a dozen HCR webinars for our clients and prospects to keep them informed of the major provisions and action items. These informative presentations are available for on-demand viewing from our Web site at: http://www.keenan.com/resources/webinars Furthermore, Keenan has assembled a multidisciplinary task force from every involved area of our organization to address the economic, legal, regulatory, technical, and employee relations aspects of the ACA and coordinate communications internally and externally. Finally, Keenan has contracted with best-of-breed specialty vendors to provide the necessary supplemental ACA resources to comprehensively address data gathering, decision making and recordkeeping for employers while delivering a cost- effective solution. Keenan can also provide additional solutions related to ACA compliance. Both HIPAA and COBRA compliance (as well as education on other relevant compliance needs) are supported by Keenan's legal and service teams. Other examples of our approach in this area, which have been provided to our clients as the legislation was enacted, are: • COBRA administration manual specifically designed for public entities • HIPAA overview and compliance services • The ongoing monitoring of Section 125 regulations and how they affect members plans • Development of retiree liability regulations and compliance with Governmental Accounting Standards Board (GASB) requirements • AB88 – Mental Health Parity • Medicare Modernization Act Keenan, however, is not a law firm and therefore does not give legal advice to our clients. We always recommend that our clients consult their own legal counsel to ensure compliance with all federal and state regulations. 12 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Keenan provides an array of educational, training, communication and support services to our clients. Our structure is built so that our staff is exposed to ongoing, consistent statewide training to bring the most up-to-date information to the City of La Quinta staff and management. (k) Describe your renewal process and timeliness Keenan's renewal and negotiation timeline is customized based on the specific characteristics of each client. In general, we follow the following steps: • Comprehensive look at current plan experience and utilization trends, using appropriate benchmarking tools to identify potential areas of change and targeted utilization management. • Preliminary renewal (where available) in advance so our Benefits Underwriting and Actuarial Department can analyze and determine the appropriateness of the rate position, reserves and other expense factors in the preliminary renewal. • Conducting underwriting analyses to drill down on the plan design and key cost drivers. • Evaluate alternatives in the market: Keenan utilizes BenefitPoint, an automated platform for conducting the RFP process and communicating with the carriers and health plans to facilitate timely and accurate quotes and benefit options. • Final negotiations are completed and presented to you far enough in advance for retiree communication, payroll and billing requirements to be completed. (l) Resources your firm offers to assist with the administration of a benefits program (i.e., online benefits enrollment and management, COBRA administration, and flexible spending account administration) Keenan has a proprietary online benefits administration, eligibility, and enrollment system called BenefitBridge. As with any of our solutions, we do not approach this as a one-size-fits-all product. We evaluate our clients' needs and the capabilities of both our system as well as other systems provided by vendors in the marketplace and ultimately make a recommendation to our clients on what we believe would meet the specific needs. Following are some details on our BenefitBridge platform. The BenefitBridge employee benefits portal provides administrative automation and on- demand information for our clients' employee benefits needs in a Web-based, total technology solution. Through a single online 13 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. portal, BenefitBridge integrates benefits enrollment, eligibility, participant communications, and employee self-service tools to maximize benefit plans and resources' effectiveness. The BenefitBridge platform has the ability to automatically send eligibility data to CalPERS, unlike other systems in the marketplace. Saves Time. Saves Money. Your benefits department has too much work for too few employees. BenefitBridge saves your HR department from making entries in multiple systems and faxing or e- mailing eligibility information to a variety of carriers. The BenefitBridge single-point- of-entry system enables you to enter the information once and transmit it to multiple carriers – reducing the amount of time spent entering data and reducing the possibility of data errors. Adds Value to Your Benefits Program With BenefitBridge, employees have access to their benefits information 24/7 from any computer with internet access. The system provides tools to educate users about the benefits and perform a side by side comparison of benefit plans enabling them to make informed choices. BenefitBridge also provides access to a health and wellness library, which includes information regarding life events ranging from new babies to new houses. Since BenefitBridge is a Web-based system there is no technology investment required for implementation. If the City is interested in BenefitBridge we are happy to provide a demonstration of the system as well as discuss program costs. Following are the key features and functionality of BenefitBridge as it relates to both Employee self-serve features as well as Employer features. Employee Features Include • Online enrollment in benefit plans for new hires, open enrollment and life events • Identifying which plans they are currently enrolled in and which of their dependents are covered in those plans • Viewing and comparing plan designs within a plan year and between plan years • Use of an online encyclopedia covering a wealth of health and wellness topics 14 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Reviewing guidelines for handling life events and their impacts on an employee's benefits • The ability to download any form or document pertaining to their benefits, to perform cost comparisons between plans, to print a copy of their selected benefits. The many self-service features of BenefitBridge will help to free-up your benefits administration staff to handle other functions as employees shift to self-service for selected benefit changes. Employer Features Include Using the integrated online interface, the Human Resources Administrator will be able to: • Manage employee demographic and employment information • Manage employee's dependent information • Make enrollment changes including adds, waivers, terminations and changes – terminations with PERS is not handled in the system. • Provide a system of record for all eligibility data regardless of carrier, greatly simplifying customer service • Review employee entered enrollment records • Automatic transmittal of all eligibility data with the exception of retroactive enrollment changes • Automatic creation of Carrier Billing Reports, greatly simplifying carrier billing reconciliation and enabling self-billing for plans in some situations (e.g., volume based bills for voluntary life insurance). • Manage overage dependents • Identify personnel requiring Cobra notification • Produce benefits summaries for employees which include the employer contribution towards the employee's benefits 15 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Provide a large number of management reports for ad hoc data analysis including census, enrollment, payroll, dependent, and retiree data. AVAILABLE REPORTING FROM BENEFITBRIDGE Workflow Reports • Dependent Age Changes • Benefit Terminations • Age-Rated Premium Changes • Retiree Age Changes • COBRA Qualifying Events • COBRA Scheduled Termination • Benefit Additions • Benefit Summary Batch Report • Retiree Scheduled Termination Status Reports • Employees with Coverage • Census - Carrier Based • Over-Age Dependents • Enrolled Subscriber by Plan • Open Enrollment • Employees without Coverage • Census – Status Based • Carrier Enrollment Census • Summary Count • New Hires Billing Reports • Carrier Billing • Payroll Deductions by Carrier • Payroll Deductions by Employee Classification • Payroll Deductions Discrepancy Report (m) Describe your firm's capabilities concerning communication. Include ongoing employee communication/open enrollment and web-based communications. Public agency workforces are diverse and include personalities that differ in how they wish to seek out and absorb benefits information. Comprised of Millennials, Generation X, Baby Boomers, etc, these employees all have different preferences as to how they want to receive information. Additionally, these diverse groups have different desires 16 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. when it comes to how much information they want on their program options. Some want to know what time it is (i.e., just the bottom line), while others want to know how the clock works (i.e., they want to know every detail of a specific benefit). The general overview of our strategy in developing a communication/engagement strategy begins with the evaluation of your current communication activities: • Identify Client Needs - Working with the City of La Quinta, Keenan would identify items such as: − Most frequently asked questions of your human resources staff by employees − Utilization of specific benefits; under-utilization of any specific benefits − Benefits personnel self-identified needs • Evaluation of Current Communication Resources - Such as benefits enrollment platforms, webinar usage, e-mail communication tools, etc. as well as other relevant components of the in-place communication strategy. • Clarity and Comprehensiveness of Current Printed Materials and/or Electronic Documents - An evaluation of items such as open enrollment guides, benefits fair communications, post card reminders, etc. In order to implement an efficient communications strategy, Keenan uses the information gathered in the evaluation phase combined with the knowledge of the types of learners as identified at the beginning of this answer. Keenan looks to a multi- medium approach to ensure that each eligible employee can obtain the information they need in order to make a decision. These mediums can include: • Traditional printed material, mailed or delivered to the employee • Mobile-friendly documents that can be easily reviewed from smart phones or tablets • Web-based flyers, briefings, and other informative materials regarding benefits programs and issues • Videos and webinars that explain benefits and/or enrollment processes These are just some of the examples of the innovative approach that Keenan has included in a communication strategy. Ultimately Keenan discusses recommended strategies with our clients, in order to provide the most cost-efficient and effective strategy. Examples While each client requires a different approach, following are some components that have been implemented. 17 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. A client with multiple locations was looking to increase participation in Keenan's CompleteCare program. CompleteCare encourages employees to enroll in an alternative group medical plan through their spouse with the opportunity to get up to 100% of their out-of-pocket expenses, copays, and deductibles reimbursed. By transferring medical plan costs to the spouse's employer, premium savings are immediately realized and risk is reduced for the employer. It also gives employees another cost-effective benefit option with more coverage to choose from. In the first year the program was offered, organic enrollment, with no enhanced communications strategy, was approximately 2%. Since there was a significant potential benefit to both the client and to the employees opting into the program, Keenan was tasked with implementing a comprehensive communications strategy to educate eligible employees on this benefit, and increase the participation. Keenan implemented a multi-medium approach that included: • Onsite presentations at multiple locations. • E-mail communication campaign through a resource called Airbo, which sends short-form communication tiles (50-150 or so words and graphics). This communication strategy allowed the recipient to interact with "tiles" to request additional information and tracked open rates that allowed for re-targeting of potentially interested parties. • Recorded webinars, similar to onsite presentations that could be hosted on the client's intranet and used for onboarding of new employees. The communication strategy resulted in a 50% increase in the number of employees opting into the program. In dollar terms, the client had realized a savings of $1.03 million in premium in year-one of the program, and in year-two of the program the savings was $1.56 million, attributed to the increase in opting into the benefit. Compared to clients with similar demographics that did not run a communication strategy, but rather relied on basic open enrollment communications, enrollment has stayed consistent year-over-year. This communication strategy can be used with any program (wellness, health fairs, open enrollment) that requires employee communications. (n) Describe your firm's transition plan indicating how you will assume the current vendor's services in a smooth and orderly manner. A custom transition plan would be presented to the City during the contract signing phase. Keenan has extensive experience facilitating transitions from other brokers, without impacting our clients. Following are the initial transition meetings and activities from a client requiring the immediate marketing of their plans. 18 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Date Details Responsible Party START Kick off meeting / Analysis phase begins. Keenan/ City Week 1 Request data on benefit plans Keenan Weekly Status Call Keenan/ City Contact Current Vendor’s to begin discussions for transition from City Keenan Evaluate employee demographics & needs Keenan Assemble requested data City Week 2 Weekly Status Call Keenan/ City Review of all plan benefit components Keenan Week 3 Weekly Status Call Keenan/ City Develop proposed plan designs Keenan Discuss communication strategy & branding Keenan Monthly Meeting – Discuss benefits consortium Keenan/ City Week 4 Refine Plan Design for RFPs & Renewals Keenan/ City Assessment of proposed plan design City Week 5 Issue RFPs & Renewal Requests Keenan Weekly Status Call Keenan/ City (o) Submit a sample of annual and periodic reports you provide similar clients. Keenan has included a sample annual report in Appendix 1. 19 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 2. REFERENCES OF CALIFORNIA GOVERNMENT AGENCIES Please only include California government agencies your firm has provided similar services to within the past three (3) years. (a) Client name, client project manager, telephone number, and e-mail address (b) Services provided (c) Start date, and end date (d) Staff assigned to each project by the firm (e) Number of years firm has provided employee benefits broker/consultant services to municipalities (f) Include the number of employees for each agency. Following are client references for the City’s review: Client Name: Coachella Valley Water District Point of Contact: Bill Walters, Human Resources Administrator Phone: 760.398.2651 E-Mail: bwalters@cvwd.org Services Provided: Employee Benefits Consultant/Broker Length of Service: January 1, 2015 to Present Number of Employees: 547 employees Client Name: City of Indian Wells Point of Contact: Peter Castro, Deputy City Manager Kevin McCarthy, Finance Director Phone: 760.346.2489 E-Mail: pcastro@cityofindianwells.org kmccarthy@cityofindianwells.org Services Provided: Employee Benefits Consultant/Broker Length of Service: January 1, 2021 to Present Number of Employees: 31 employees Client Name: City of Desert Hot Springs Point of Contact: Pamela Meuse, Human Resources Manager Phone: 760.329.6411, ext. 401 E-Mail: pmeuse@cidyofdhs.org Services Provided: Employee Benefits Consultant / Broker Length of Service: July 1, 2015 to Present Number of Employees: 86 Employees 20 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 3. COST OUTLINE Proposal shall include a detailed fee schedule for the services requested by this RFP. As compensation for its provision of the Benefits Services, Keenan shall receive commissions from insurance carriers and/or other vendors for the placement of insurance coverage. The City of La Quinta shall have no responsibility for the payment of any such commission to Keenan. If elected to install, Keenan's BenefitBridge Administration System is optional at the cost of $20,000 per year. BenefitBridge has a one-time implementation fee of $7,500. Describe your method of compensation for your services. As compensation for its provision of the Benefits Services, Keenan shall receive commissions from insurance carriers and/or other vendors to place insurance coverage. The City of La Quinta shall have no responsibility for the payment of any such commission to Keenan. Does your company accept any carrier "overrides"? It is a long-standing practice in the insurance industry for insurers to establish additional compensation programs for brokers based on factors that are not specific to a particular client or placement of coverage. These arrangements are typically referred to as overrides, contingencies or indirect compensation (collectively, "Other Compensation"). Keenan may from time to time enter into arrangements for Other Compensation based upon: (i) technology investment and services provided by Keenan, (ii) assistance with developing, marketing and/or distributing products offered by insurance carriers and product vendors, (iii) specialized expertise in niche markets that may assist insurers to properly assess market risks and to develop products, (iv) efficiencies that may be achieved through the collective administration of larger groups of business, and (v) aggregate volume, persistency or new business development. Keenan believes and seeks written assurances from insurers that any such Other Compensation does not adversely impact the pricing and coverage terms that Keenan is able to obtain for its clients. If on a commission basis, would your company be taking any form of compensation beyond the commission built into our premium rates? Our compensation as your benefits consultant/broker would be based on commission from the carriers only. We would not charge any additional fee for the benefits/broker services. 21 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. If selected, what are your disclosing compensation methods to the City and the frequency of that disclosure? Keenan will provide annual disclosure of compensation or upon request. 22 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 4. LIST OF COMPLEMENTARY SERVICES List of complementary services offered by proposer along with corresponding prices. Think HR Human Resource Information System - no cost. Ongoing training and assistance with state and federal legislative compliance. Ongoing training for HR current staff and future new staff. Virtual Open Enrollment support. Benefit Guide customized to the City’s benefit programs. 23 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 5. STAFFING AND PROJECT ORGANIZATION The following key personnel will support the City of La Quinta's benefits programs: Day-to-Day Service Team • Karyn Goodsite - Account Executive • Yvette Fields - Senior Account Manager • Laurie LoFranco - Practice Leader, Municipalities Benefits Extended Support Team (As-Needed) • Jovita Juanillo - Senior Vice President, Underwriting & Actuarial • Christine Hough - Vice President, Underwriting & Actuarial • Ralph Gowen - Vice President, Client Technology • Robin Rager - Director of Health Management • Amy B. Donovan - Vice President, Legislative & Regulatory Affairs Day-to-Day Service Team Bios Karyn Goodsite - Account Executive Karyn Goodsite is an Account Executive responsible for providing benefits consulting and overall strategic planning for the employee benefit programs. Karyn will be your primary point of contact. Prior to joining Keenan & Associates, Karyn worked with employee benefits in various corporate industries, including marketing, advertising and law. Since joining Keenan in August 1995, Karyn has worked with many Southern California large public sector clients on plan design analysis, funding methodology, implementation of self-funded and fully-insured medical programs, including specialty carve-outs, carrier consolidations/replacements, and project managed implementation of online eligibility and self-serve enrollment tools. Karyn also has a solid understanding of the collective bargaining environment and has extensive experience working with benefits insurance committees to achieve established goals through effective collaboration with district management and bargaining group representatives. Karyn is the lead administrator for the California Purchasing Health Care Coalition, the lead consultant for the Controlling Insurance Costs In California Schools Trust, and a Board Member for the Inland Empire Public Management Association – HR. Karyn possesses Life & Disability and Long Term Care agent licenses. 24 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Yvette Fields - Senior Account Manager Yvette joined Keenan & Associates in 2007. She came to us with a wealth of experience and knowledge, including more than 15 years of expertise in employee benefits from Aetna and Custom Employee Benefits. She is responsible for the management and service of new and existing plans for public sector clientele in Riverside County. In addition, she serves as the liaison managing the installation of our BenefitBridge product with key clients. Yvette possesses a Life & Disability agent license and is currently pursuing her Certified Employee Benefits professional designation from the International Foundation of Employee Benefit Professionals and the Wharton School of the University of Pennsylvania. Laurie LoFranco - Practice Leader, Municipalities Benefits Laurie LoFranco is a Senior Vice President and Municipalities Practice Leader. She has more than 24 years experience in human resources and employee benefits. Laurie joined Keenan & Associates in 2008 after spending the previous 12 years at the City of Corona, most recently serving as their Human Resources Director. Laurie served on the Board of Directors for the California Personnel Employee Labor Relations Association (CALPELRA) and is currently serving on the Board of Directors for the Inland Empire Chapter of IPMA. Laurie holds an Executive Level Human Resources Certification from IPMA and holds a California State Insurance License in Accident, Health and Life Insurance. Laurie graduated from the College of Notre Dame with a Degree in Human Services and holds a Masters Degree in Public Administration from California State University, San Bernardino. Extended Support Team Bios Jovita Juanillo – Senior Vice President, Underwriting & Actuarial Jovita Juanillo, Senior Vice President of our Benefits Underwriting and Actuarial Services Department, is responsible for managing various Keenan purchasing coalition programs and Joint Powers Authority plans, including Keenan's Dental and Vision Coalition programs, and Stop Loss/Excess Risk Coalition Program. Prior to joining Keenan & Associates, Jovita was the Director of Pricing Analytics for Ultralink, an employee benefits consulting firm. She was the chief employee benefits negotiator for Fortune 100 employer clients such as American Airlines, Union Pacific, Lucent Technologies, Avaya, Reed Elsevier, Dow Chemicals, Owens Corning, Eaton, Ingersoll-Rand, and others. Jovita began her health care career in 1983 as an underwriter for CIGNA HMO and Indemnity products. She has held various senior underwriting roles at CIGNA, Blue Cross of California (WellPoint), and CareAmerica (now Blue Shield). She also served as the Director of Underwriting for United Healthcare's Pacific Region and was involved in three start-up insurance operations in California and Nevada. 25 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Christine Hough – Vice President, Underwriting & Actuarial Christine Hough, a Vice President in the Torrance office, has more than 20 years of consulting experience in the employee benefits field. She supports the Account Executives at Keenan in the design and analysis of all lines of insurance coverage that includes medical, dental, life/AD&D, and LTD. Prior to joining Keenan, Christine was with Mercer Human Resource Consulting and Towers Perrin HR Services where she provided actuarial valuation and consulting services. Her clients included leading companies in the aerospace/defense, energy, motion pictures, banking, engineering/construction, and automotive industries. Christine is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. She has a Bachelor of Science degree in Computer Science and Engineering and a Master of Science degree in Electrical Engineering from California State University, Long Beach. Ralph Gowen – Vice President, Client Technology Ralph L. Gowen, Vice President of Field Services, has more than 30 years of technology and management consulting experience including software solutions directly supporting the employee benefits industry. He has held various senior management positions throughout his career within the technology/consulting industry. Ralph's responsibilities at Keenan include the overall Product Management of technology solutions supporting the Employee Benefits practices such as BenefitBridge. In that capacity, Ralph guides the overall direction of the products including software development, marketing, and sales support, vendor management, and coordinates with the Keenan implementation and service teams ensuring the product remains best of class and is tailored to meet the explicit and unique requirements of Keenan's clientele. In September 1999, Ralph joined a technology startup called BenefitPoint, Inc. in San Francisco, CA. as Vice President of Service. BenefitPoint, Inc. created an e- infrastructure platform using the Internet to create a common ASP platform upon which many of the nation's leading insurance carriers and brokers are able to negotiate and purchase group insurance benefits. In this capacity, Ralph was responsible for creating and managing the service infrastructure of BenefitPoint, Inc. Ralph led the development of the web-based training materials, the implementation of BenefitPoint at hundreds of brokerage and carrier offices throughout the country, and the creation of the customer service tools and procedures to support BenefitPoint. Ralph is an experienced technology and management consulting professional having previously served as the Vice President of Professional Services for Avinon, Inc., a web services software startup, and having consulted independently and as a Director/Practice Leader of Cambridge Management Consulting. Ralph's area of focus has been the management and technology surrounding Customer Relationship 26 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Management and e-commerce. He has consulted with leading companies in many industries including Kaiser, Bank of America, Apple Computer, Hewlett Packard, Cisco, First Data Corporation, Chevron, the United States Navy, and Southwest Bell. He earned a Master of Business Administration degree in Finance from California State University, Hayward in 1994 and graduated in 1983 with a Bachelor of Arts degree in Mathematics from the University of California, Berkeley. Robin Rager – Director of Health Management Robin Rager, Vice President of Health Management, joined Keenan in 2010. Robin has been involved in the field of health promotion for nearly 24 years, both as a consultant and as a college professor. His consulting and academic activities have focused on individual and population health assessment, and the design and evaluation of effective health promotion and disease management programs in a variety of populations and settings - ranging from health care systems to railroad workers to military personnel to migrant farmworkers. Robin supports both Public Agency and HealthCare current and prospective customers He also holds a Ph.D. in Health Education, has taught at two universities over a 15 year period, authoring numerous articles on wellness. Prior to joining Keenan, Robin was the owner of Optimum Health Management, which provided health management services to businesses and health care organizations, including needs assessment, program design, marketing, online and onsite health promotion services, and program evaluation. His research and development projects have included a variety of workforce studies related to the impact of health risk reduction and disease management interventions (e.g., smoking cessation, weight management, diabetes management, sleep/fatigue and alertness, depression/anxiety management, injury prevention, health-related impairment in worker productivity), nutritional supplement product efficacy; the design of online health risk assessment instruments; the design of health care claims analysis systems; and the development and management of a risk-rated employee wellness incentive program. During his two decades in academia, Robin was a health education professor at Penn State University and Texas Woman's University and served as the Director of PSU's Center for Worksite Health Enhancement. He has been honored as a Fellow of the Association for Worksite Health Promotion (FAWHP), served as chair of the American Public Health Association's Worksite Health Promotion Committee, and participated in the development of the Healthy People 2010 Objectives for the Nation as a member of the Worksite Health Promotion Work Group. 27 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Amy B. Donovan – Vice President, Legislative & Regulatory Affairs Amy Donovan is Vice President of Legislative & Regulatory Affairs and is Keenan & Associates' primary source for legislative and regulatory research, analysis, and advocacy. Amy authors the firm's Briefings and position papers on emerging legislation, regulation, and litigation and works with stakeholders at a state and national level to advocate on issues that impact the firm and its clients. As a member of the Council of Insurance Agents and Brokers (CIAB) Legal Counsel Working Group, she meets regularly with federal lawmakers, lobbyists, and thought leaders to discuss national trends in health and liability insurance issues. She brings that knowledge to bear in addressing Keenan clients throughout California on such topics as the ACA, Family and Medical Leave Act, Section 125 Cafeteria Plans. She has been with the firm since 2006. Prior to working at Keenan, Amy worked for 11 years as a civil litigator and litigation manager in New Jersey. Among her areas of expertise are employment discrimination and employee benefits. Through her volunteer work with the New Jersey Junior Leagues, Amy also advocated for legislation impacting children's health and safety. Amy graduated from Smith College with a Bachelor of Arts in American Studies and received her Juris Doctorate from Seton Hall University School of Law, where she handled federal disability appeals as a volunteer and worked as a research assistant for then-Congressman Charles E. Schumer of New York. She is admitted to the bar in both California and New Jersey. 28 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 6. SUBCONTRACTING SERVICES Subcontracting any portion(s) of the Scope of Services is not preferable; however, if a proposer can demonstrate to the City's satisfaction that is in the best interest of the project to permit a portion of the service(s) to be subcontracted by the proposer, it may be considered. Provide details on the role of any subcontractor that will be used. Assignment is prohibited. Keenan does not anticipate subcontracting any of the services described in this RFP response. 29 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 7. DISCLOSURES Disclosure of any alleged significant prior or ongoing agreement failure, any civil or criminal litigation or investigation pending, which involved the proposer or in which the proposer has been judged guilty or liable within the last five (5) years. If there is no information to disclose, the proposer must affirmatively state there is no negative history. There are no significant prior investigations, litigation, or settlements against Keenan. 30 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 8. EXPLANATION OF METHODOLOGY The RFP responses will be evaluated based upon the following: Understanding of SOW; Approach; Experience; Creativity and Innovation; Overall Presentation We have addressed our abilities previously in this response. Following is a final overview of our methodologies related to the overall project. Our mission is to protect our clients, their employees and their critical financial assets by constantly anticipating change and redirecting solutions to benefit the health of their programs. As a uniquely integrated organization, our propriety programs maximize efficiencies, improve communication and focus on reducing your total cost. Following are the key characteristics that will benefit the City of La Quinta. Our philosophy has always been that solving the needs of our customers and directly supporting our communities is good for our business. We continually present informational workshops and seminars on topics relevant to our customers and provide scholarships for administrators to further their education and advancement. Because of our specialized expertise in claims services and technology, we can help you offer higher quality, efficiency and cost effectiveness in your benefit programs. If you simply view us as a vendor, then we have failed in realizing our mission and core philosophies. Our clients recognize us as a proactive partner and an extension of their own human resources and benefits personnel. 31 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. OVERALL METHODOLOGY Your dedicated Keenan team will work with the City to establish a strategic work plan and successfully complete each requirement and need as described in the City's RFP. If appointed as your insurance broker, we believe our priority is to further our understanding of the City's benefits needs in relation to your overall culture and employee concerns. This enables our team to evaluate and recommend the most innovative and best-fitting coverage. Our approach in developing this understanding is different with each client. In general, we follow a four-phase action plan, illustrated in the following exhibit. 32 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Using all of the information identified in Phases I through IV of our four phase action plan, a two-year strategy will be developed. This plan will be more of a "work in progress" as budgetary and collective bargaining conditions change. Using our knowledge of the California public sector marketplace, our annual surveys of public sector benefit programs and trend forecasts, changes in the existing programs will be recommended and adjusted to meet the City's projected budgets. Consideration will also be given to the following: • Projections in State and Federal funds • Future staffing requirements • Expected retirements and resulting liabilities • Emerging technologies ACTUARIAL TOOLS AND RENEWAL DATA ANALYSIS Carrier renewals and rates are validated and benchmarked using Keenan's proprietary actuarial tool as developed and calibrated by Milliman USA. Milliman USA started in 1947 and is one of the premier actuarial firms in the United States. Our unique Keenan- Milliman actuarial model allows us to perform in-depth and high accuracy pricing analysis on behalf of our clients by determining the value of over 100 variations of benefit plan designs, assessing cost enrollment/migration impact, providing fully- insured vs. self-insured cost-analysis, identifying the cost of carved-out benefits, and validating the claim cost factors utilized by carriers in their renewal rate development. We will provide meaningful and practical analysis of your contracts, plan designs and any available claims data. At renewal, the "surprise factor" will be minimized significantly by thorough, regular evaluation and action plans based on that evaluation. Utilizing our data analysis, we will seek to negotiate more favorable costs and contractual terms for the City and proactively manage utilization patterns, thereby lowering participant and benefit plan expenses where possible. We will work with the City and Benefits Committee to establish a Needs Assessment and Work Plan. The outcome of this work will result in recommendations of both traditional and "state of the art" programs that will best serve the City's needs. If it is determined that it would be beneficial to the City to evaluate alternatives in the market, Keenan utilizes BenefitPoint to facilitate timely and accurate quotes and benefit options. The information and evaluations of the vendor, gathered through this process, are then used to enter into the final negotiations on the upcoming renewal. Our expertise in underwriting and premium evaluation allows us to work with carrier underwriters on their own level and to negotiate favorable rates and conditions for our clients from a position of strength. Final negotiations are completed, and a final renewal is obtained far enough in advance for benefit communication, payroll and billing requirements to be completed. Final rates are also checked by the Service Representative and formally documented for your records and ours. 33 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. As a proven leader in California public sector consulting, Keenan has more experience with a wide variety of medical plan designs than any other broker or consultant in the state. Our database of public employers is unmatched in California, and we know the impact of potential plan changes based on actual experience. In addition to our extensive experience with virtually every type of managed care program and every funding variation (e.g., self-funded, flex funded, experience rated, minimum premium, fully insured) available, we have developed a number of proprietary programs designed to meet the unique needs of the public sector. PROACTIVE ADVOCATES We will serve as proactive advocates on behalf of the City, your employees and retirees, as well as their dependents, on all topics and issues. As a resource for the City, we are an extension of your benefits department, providing both proactive guidance and valuable support to all parties. We will also work with the carriers and health plans to help you resolve billing and eligibility problems and serve as your liaison on all administrative details with carriers. ANALYSIS SUPPORT FOR YOUR PROGRAM Keenan's Benefits Underwriting and Actuarial Department is comprised of more than 15 subject matter experts related to analysis, actuarial support and plan design for benefit plans. This department provides high-level analysis of benefit programs and their performance; reviews data trends and works with the primary service team to provide alternative plan design options; and, supports the primary service team with stop loss quotes, marketing plans to carriers, actuarial support and other technical services. Overall, the Benefits Underwriting and Actuarial Department provides underwriting and actuarial work including, but not limited to, renewal analysis, reserve estimates, plan change pricing and claim utilization analysis. This department also monitors industry trends and provides Federal and State legislative updates on a regular basis. Members of our Benefits Underwriting and Actuarial Department will be available to participate as necessary to help with the presentation of any technical data or information. The primary services of this department include: • Underwriting − Trend Analysis − Renewals (existing business) − Funding Rate Development (new business) − Renewal Audits (fully insured plans) − Rate Negotiations − Benefit & Rate Comparisons (new and existing clients) − Premium and Rate Validations 34 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Select Product Marketing − Private Label Pool Products / off-the-shelf − Stop Loss Programs • Financial and Experience Reporting − Loss Ratio Reports − Premium & Claims Reports − Utilization Reports − IBNR Reporting − Industry Trend Reporting − Client Presentations • Private Label Program Maintenance − Annual Pool Renewals − Annual Renewal Binder − Pool Marketing • Technical Consulting − Prospective Group Funding Calculations − Pricing Calculations for Plan Changes − Rate Stabilization Reviews − General consulting services for all benefit plans Keenan's proposed benefit program changes are strongly supported by data derived from our client's specific historical health plan experience, Keenan's own Book of Business experience, and Industry-Leading Actuarial Tools which allow for objective discussions with bargaining units about anticipated plan changes. Our financial analysis involves a comprehensive approach: • Plan Design – We are able to project renewal rates based on more than 100 variations of plan design, through the use of our proprietary actuarial tool developed with Milliman USA. This allows us to evaluate fully-insured vs. self- funded options, as well as innovative plan designs that can be crafted for your unique needs. • Review of Health Plan Data – We review multiple years of your health plan's standard reporting package to give us a more accurate view of our client's current plan utilization and cost drivers over the years. We use this as a starting point because we believe that an in-depth understanding of our client's experience is essential in determining the most precise and cost-effective benefit change recommendations. It also minimizes unintended consequences and benefit adjustments after changes have been implemented in their benefit coverage. 35 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Mede/Analytics – Keenan Public Agency Data Initiative – Keenan is piloting a study uniquely with Kaiser, to provide our clients with expanded analysis and reporting of Kaiser claims data. This is a first of its kind initiative being piloted by Kaiser and they selected Keenan as their partner. It will enable Kaiser's performance to be benchmarked on an "apples to apples" basis with other Health Plans such as Anthem's. Mede/Analytics is a third-party data warehouse technology company with expertise in creating reports that assist customers in developing informed decisions from complicated data. Keenan is engaged in this pilot with the goal of using Kaiser's current PUR underwriting and experience reports, that currently only benchmark against Kaiser's book of business, to expand benchmarking to Kaiser and non-Kaiser plans as well. • Self-funding – Self-funding is an essential mechanism to controlling long term healthcare costs. When self-funding plans are in place we analyze stop-loss coverage to determine opportunities for maximum cost savings. Keenan manages self-funded medical plans for more than 10,000 employees throughout California and self-funded dental plans for more than 30,000 employees. We are very experienced with TPA services, pricing, network discounts, and other aspects essential to administering an efficient and properly funded self-funded plan. • Stop Loss Program Design – We assess the current benefit coverage including specific and aggregate pooling amounts appropriate for your group's risk tolerance. This involves a review of the current stop loss program design, at least 36 months of stop loss experience, and the severity and frequency of claims at various pooling levels. Some of the stop loss questions we help our client answer are as follows: − What benefit program changes can we implement to reduce stop loss risks? − How do we minimize large claims? − What specific deductible level is appropriate for my group? − Can we save money through aggregate stop loss protection? − What aspects of my stop loss policy should be focused on to comply with Health Care Reform? • Stop Loss Pricing – We validate a carrier's stop loss underwriting to determine if our client's risk was appropriately priced and use Keenan's public entity stop loss book of business experience to benchmark stop loss premium costs. In addition, we review the desirability of our client to self-insure some of their stop loss liability and arrange for reinsurers to provide a range of pricing factors for self-funding or minimum premium stop loss programs. • Stop Loss Contracts – We evaluate the viability of proposed contracts and validate if all terms and features negotiated with the carrier are expressed in the contract. We review the contract language for removal of lasering at renewal, 36 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. adequate claim re-submission deadline; reasonable requirements for experimental treatments and trials, inclusion of off-label drugs, reasonable reporting requirements, and other contract language that can help reduce our client's stop loss risk. We also review the carrier's financial stability rating, efficiency in evaluating a claim, and speed in payment of stop claims reimbursements. MARKETING OF PLANS We have significant experience in designing public sector benefit programs. Our standard process begins by collaborating with clients to understand their financial and benefit objectives. Once the objectives are defined, we work with the client to determine a customized scoring aligned with their objectives. This is important as we understand that every client is different, and priorities may change. We articulate what is most important for our clients in the RFP, not simply using a standard RFP template. Once the objectives of the RFP and the scoring systems are developed, we start our electronic questionnaire process for creating the proposal and prepare the client's benefit program data for the RFP. A sample RFP questionnaire with RFP timeline is attached, however, we believe that every client is different, and we customize the questionnaire according to our client's specific needs and objectives. The number of questions range from 25 to over 200 depending on the type of RFP and our clients' need. We routinely require at least 3-4 weeks turnaround time for formal RFPs. Responses must be received in the stated requirements and formats and also incorporate Q&A time and in-person provider presentations. Keenan then provides a summarized version of the responses to the questionnaire which is analyzed by our account management and underwriters and reviewed in-depth with the client, so they can provide feedback. A proposed rating of each provider is presented to the client, but that rating can be revised or changed by the client after the in-person provider presentations have been concluded. Our consulting team and the client will then finalize the scoring and select the winning provider by the results of the overall scores. Once a vendor is selected, we then ensure that financial and service guarantees are in place. A significant amount of financial risk is attached to a first year's program implementation and standard guarantees on subsequent years. Following are the key issues that Keenan considers when preparing for the marketing of benefit programs. • Your philosophical objective • The collective bargaining environment • Financial objectives including enhanced investment opportunities 37 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Assessment of results generated by existing programs • Projection of plan design change claim and cost impact • Measurement of results versus objectives • Identification of areas of benefit utilization where savings may be generated • Comparison with other programs throughout the state Following is an overview of the steps and responsible personnel for the marketing of benefit plans. • Creation of RFP • RFP creation in collaboration with the City by: • Account Service Team • Support from Benefits Underwriting Actuarial Department (BUAD) • BenefitPoint used to release RFP − The Account Service Team enters the RFP into the BenefitPoint, an online system that releases the RFP to the carriers in the marketplace that have been targeted − Aggregates responses to the RFP − Allows for review of criteria included for other RFPs released by Keenan for benefits clients • Evaluation of Responses − Performed by:  Account Service Team  BUAD 38 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. ANALYZE EXISTING COVERAGES AND DEVELOP COST-SAVINGS RECOMMENDATIONS As identified above, we continuously analyze existing coverages to ensure that the City of La Quinta receives the best value and that all cost-savings measures are being explored, presented and implemented where appropriate. Our overall consulting philosophy is to ensure our clients receive best-value, and this includes: • Identifying costs versus services received • Evaluation of costs and benefit changes if a particular measure is not implemented • Providing the City of La Quinta with options that include highlights of benefits gained and costs incurred versus coverage issues and cost implications Additionally, Keenan has been an industry leader in the establishment and management of Joint Powers Authority (JPA) programs. Our experience with innovative solutions has assisted our clients with realizing cost-effective solutions for their benefits programs. MONITORING EXPERIENCE TRENDS Keenan consistently monitors and reviews carrier reporting on your claims experience (if available). The importance of appropriate, accurate, and timely analysis cannot be overstated. In addition to our professional staff in the Torrance office, our Benefits Underwriting and Actuarial Services Department constantly monitors and reports on all relevant financial aspects of each benefit plan. This department provides underwriting and actuarial work including, but not limited to, renewal analysis, reserve estimates, plan change pricing and claim utilization analysis. Keenan is committed to monitoring vendor performance on an ongoing basis. We keep the City of La Quinta informed of the insurance carriers' and health care service plans' performance by: • Performing quarterly reviews of plan administrators to assure compliance with contract performance guarantees • Developing annual report formats for each of the vendors based on the organization's needs • Developing and implementing Quality of Care benchmarks and report cards for benefit plans and distributing results to plan participants • Providing revised annual financial projections quarterly for the benefits program (both calendar year and fiscal year projections) based on current enrollment levels and cost trends, comparing financial projections to approved budgets and advising the City with respect to potential corrective measures to balance the budget, if necessary 39 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Analyzing financial experience with respect to risk sharing cost targets • Monitoring health vendors' AM Best and Standard & Poor's and other financial and claim paying capabilities ratings • Preparing annual summary reviews of health vendors' performance for the contract Carrier renewals and rates are also validated and benchmarked using Keenan's proprietary actuarial tool as developed and calibrated by Milliman USA. Milliman USA started in 1947 and is one of the premier actuarial firms in the United States. Our unique Keenan-Milliman actuarial model allows us to perform in-depth and high accuracy pricing analysis on behalf of our clients by determining the value of approximately 100+ variation of benefit plan designs, assessing cost enrollment/migration impact, providing fully insured vs. self-funded cost-analysis, identifying the cost of carve-out benefits, and validating the claim cost factors utilized by carriers in their renewal rate development. Our staff has the background in all types of large claims, occurrences, total cost of a diagnosis, and what project cost would be depending on what stage of the treatment an individual is in. Access to statistics based on diagnosis and the low and high cost based on region through our data warehouse enables us to produce credible projections and negotiate with Stop Loss vendors and carriers to reduce premium cost and laser amounts. An understanding of not only medical claims and cost, but general insurance practices as well are requisite. The effectiveness of any cost containment initiatives (e.g., critical care, maternity, condition management, wellness) depends primarily on the vendor selection. The Keenan staff assists by thoroughly researching and interviewing potential vendors via an exhaustive RFI process, to identify both best-of-breed and best cost. Once a cost containment program is implemented, ongoing management reports are analyzed and reviewed with clients on a regular basis to help determine program effectiveness and possibly show where plan design could be modified to enhance medical and/or prescription benefits to improve cost outcomes. NEGOTIATIONS WITH CARRIERS This is the area which underscores the value of our niche. Because Keenan represents the largest aggregate premium block with insurance carriers conducting business with public agencies in California, we bring a corresponding leverage to the negotiations process. Further, our Benefits Underwriting and Actuarial Services Department performs the renewal underwriting audit of all carrier renewals and is closely involved in all renewal negotiations. Carrier renewals and rates are validated and benchmarked using Keenan's proprietary actuarial tool as developed and calibrated by Milliman USA. Milliman USA started in 1947 and is one of the premier actuarial firms in the United States. Our unique Keenan- 40 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Milliman actuarial model allows us to perform in-depth and high accuracy pricing analysis on behalf of our clients by determining the value of about 100+ variation of benefit plan designs, assessing cost enrollment/migration impact, providing fully- insured vs. self-insured cost-analysis, identifying the cost of carved-out benefits, and validating the claim cost factors utilized by carriers in their renewal rate development. Once a carrier renewal evaluation is completed and submitted to the carrier for additional review, meetings are immediately scheduled with senior-level management to negotiate the rates. Our Benefits Underwriting and Actuarial Services Department supports the Account Team in evaluating and negotiating renewal rates and benefits during annual renewals. A Technical Underwriter with a minimum of 10 years of insurance underwriting/actuarial consulting experience is assigned to review a carrier's renewal and act as a lead-in rate negotiations. A standard renewal audit is performed by the assigned underwriter which includes utilizing Keenan's state-of-the-art proprietary actuarial tools. An actuary may also be involved in the renewal negotiations depending on the complexity of the renewal underwriting. The underwriter/actuary will then prepare a thorough renewal underwriting audit report which will be submitted to the carrier for review. The report summarizes the main points and justification for a reduced renewal rating including a re-calculation of the carrier's renewal rates. An in- person or telephonic rate negotiation call is scheduled to discuss our renewal audit and to inform the carrier of our expected renewal action. The carrier is given a deadline to provide the expected renewal increase or rates. EMPLOYEE COMMUNICATION We have provided communication services for employee benefit plans since our inception in 1972. In order to support the specific communication needs of our clients, Keenan maintains a Marketing Department that is staffed with communication experts in a variety of disciplines. Keenan's award-winning Marketing Department assists with the development and delivery of communication materials. This includes communication pieces that are both electronic and hard copy for benefit enrollment guides, health fair announcements, employee education meetings and other related communications activities. In order to facilitate an efficient communication strategy, Keenan looks to a multi- media approach to ensure that each eligible employee can obtain the information they need in order to make a decision. Media selections include: • Traditional printed material, mailed or delivered to the employee • Mobile-friendly documents that can be easily reviewed from smart phones or tablets 41 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. • Web-based flyers, briefings, and other informative materials regarding benefits programs and issues • Videos and webinars that explain benefits and/or enrollment processes These are just some of the examples of the innovative approaches that Keenan has included in a communication strategy. Ultimately Keenan discusses recommended strategies with our clients in order to provide the most cost-efficient and effective strategy. Please see Appendix 2 for the first five pages of a sample Employee Benefits Guide. 42 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 9. ACKNOWLEDGMENT OF INSURANCE REQUIREMENTS Proposals must include a written statement that, if selected, the proposer will provide the minimum insurance coverage and indemnification noted in Exhibits E and F, respectively, of the City's Agreement for Contract Services included as Attachment 2. Please see Keenan’s completed Attachment 2, immediately following. Page 12 of 14 ATTACHMENT 2 INSURANCE REQUIREMENTS ACKNOWLEDGEMENT Must be executed by proposer and submitted with the proposal I, ________________________________________ (name) hereby acknowledge and confirm that __________________________________ (name of company) has reviewed the City’s indemnification and minimum insurance requirements as listed in Exhibits E and F of the City’s Agreement for Contract Services (Attachment 1); and declare that insurance certificates and endorsements verifying compliance will be provided if an agreement is awarded. I am _________________________________ of ______________________________, (Title) (Company) Commercial General Liability (at least as broad as ISO CG 0001) $1,000,000 (per occurrence); $2,000,000 (general aggregate) Must include the following endorsements: General Liability Additional Insured General Liability Primary and Noncontributory Commercial Auto Liability (at least as broad as ISO CA 0001) $1,000,000 (per accident) Personal Auto Declaration Page if applicable Errors and Omissions Liability $1,000,000 (per claim and aggregate) Worker's Compensation (per statutory requirements) Must include the following endorsements: Worker's Compensation Waiver of Subrogation; or Declaration Regarding California Workers’ Compensation if applicable Cyber Liability $1,000,000 (per occurrence) $2,000,000 (general aggregate) Laurie LoFranco Keenan & Associates Municipalities Practice Leader Keenan & Associates 44 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 10. NON-COLLUSION AFFIDAVIT Proposals must include an executed Non-Collusion Affidavit, included as Attachment 3, executed by an official authorized to bind the firm. Please see Keenan’s completed Attachment 3, immediately following. Page 13 of 14 ATTACHMENT 3 NON-COLLUSION AFFIDAVIT FORM Must be executed by proposer and submitted with the proposal I, ________________________________________ (name) hereby declare as follows: I am _________________________________ of ______________________________, (Title) (Company) the party making the foregoing proposal, that the proposal is not made in the interest of, or on behalf of, any undisclosed person, partnership, company, association, organization, or corporation; that the proposal is genuine and not collusive or sham; that the proposer has not directly or indirectly induced or solicited any other proposer to put in a false or sham proposal, and has not directly or indirectly colluded, conspired, connived, or agreed with any proposer or anyone else to put in a sham proposal, or that anyone shall refrain from proposing; that the proposer has not in any manner, directly or indirectly, sought by agreement, communication, or conference with anyone to fix the proposal price of the proposer or any other proposer, or to fix any overhead, profit, or cost element of the proposal price, or of that of any other proposer, or to secure any advantage against the public body awarding the agreement of anyone interested in the proposed agreement; that all statements contained in the proposal are true; and, further, that the proposer has not, directly or indirectly, submitted his or her proposal price or any breakdown thereof, or the contents thereof, or divulged information or data relative hereto, or paid, and will not pay, any fee to any corporation, partnership, company, association, organization, proposal depository, or to any member or agent thereof to effectuate a collusive or sham proposal. I declare under penalty of perjury under the laws of the State of California that the foregoing is true and correct. Proposer Signature: __________________________________________________ Proposer Name: __________________________________________________ Proposer Title: __________________________________________________ Company Name: __________________________________________________ Address: __________________________________________________ Laurie LoFranco Municipalities Practice Leader Keenan & Associates Laurie LoFranco Municipalities Practice Leader Keenan & Associates 2355 Crenshaw Blvd., Suite 200, Torrance CA 90501 46 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. 11. ACKNOWLEDGEMENT OF ADDENDA If any addendum/addenda are issued, the proposer shall initial the Acknowledgement of Addenda, included as Attachment 4. Please see Keenan’s completed Attachment 4, immediately following. Page 14 of 14 ATTACHMENT 4 ACKNOWLEDGEMENT OF RECEIPT OF ADDENDA Must be executed by proposer and submitted with the proposal. If no addenda has been issued, mark "N/A" under Addendum No. indicating Not Applicable and sign ADDENDUM NO. SIGNATURE INDICATING RECEIPT No. 1 Q&A 48 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. APPENDICES Appendix 1 – Sample Annual Report Appendix 2 – Sample Benefits Enrollment Guide (5 pages) 49 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Appendix 1 – Sample Annual Report License No. 0451271 License No. 0451271 Innovative Solutions. Enduring Principles. [Client] Stewardship Report and Strategic Planning Respectfully Submitted by: Laurie LoFranco, Practice Leader [Service Consultant], Service Consultant March 7, 2019 License No. 0451271 Innovative Solutions. Enduring Principles. 2 Agenda •Your Keenan Benefits Team •Stewardship Report 2018 Highlights –Keenan’s Role –Marketing and Final Renewal Summary •Utilization •Highlights of Keenan Services •Health Plan Trends •Strategic Planning for 2019/2020 •Compensation Disclosure •Value-Added Services –Legislative Updates / Webinars / Keenan Blog 3 Marketing Training Technology Keenan Financial Services Corporate Technical Resources Jovita Juanillo Underwriting/Actuarial Name Service Consultant [Client Name] Laurie LoFranco Practice Leader Legislative Updates Your Keenan Benefits Team Name Senior Service/Marketing Coordinator 3 Robin Rager Director, Health Management 2 Stewardship Report 2018 / 1st Quarter 2019 Highlights License No. 0451271 Innovative Solutions. Enduring Principles. 5 Keenan’s Role •Renewal Negotiations •Marketing •Implementation of New Plans –Review of Plan Documents •Open Enrollment Planning and Preparation –Benefit Guide –Employee Communication Materials –Health Fairs –Flu Shots •Carrier Administrative Meetings and Liaison •Wellness Program •Employee Advocate License No. 0451271 Innovative Solutions. Enduring Principles. 6 2019 Medical Renewal Overview •Kaiser Initial/Final +5.24% •Blue Shield (rate cap) TRIO ACO HMO Plan +6.88% Access+ HMO Plan +9.88% PPO Plan +9.88% PPO HDHP +9.88% (Includes Wellness Fund of $25,000) •Kaiser & Blue Shield Renewal Combined –Final +6.73% License No. 0451271 Innovative Solutions. Enduring Principles. 7 2019 Medical Plan Enrollment Comparison 2014 (SD County)2015 2016 2017 2018 Carrier Change 2018 2019 # Change 2018 to 2019 Kaiser HMO 634 648 637 632 Kaiser HMO 502 481 -21 Kaiser HDHP 16 24 30 30 Kaiser HDHP 32 34 2 Sharp HMO 273 301 318 282 Blue Shield HMO 203 183 -20 Sharp HMO HDHP n/a n/a 25 20 Blue Shield Trio HMO 220 252 32 Sharp PPO HDHP 15 10 7 6 Blue Shield PPO HDHP 1 1 0 Sharp NationCare PPO 68 32 23 20 Blue Shield PPO 7 6 -1 Total Medical 1006 1015 1040 990 Total Medical 965 957 -8 Medical Waivers 238 235 236 243 Medical Waivers 220 235 15 Total Medical and Waivers 1244 1250 1276 1,233 1,185 1,192 7 % Change 2018 to 2019 Kaiser 52%54%52%54%Kaiser HMO 45%43%-9% Sharp HMO 22%24%27%24%Blue Shield HMO 36%36%12% Sharp PPO HDHP 7%3%2%2%Blue Shield PPO 1%1%-1% Total Medical 81%81%82%80%Total Medical 81%80%1% Medical Waivers 19%19%18%20%Medical Waivers 19%20%-1% Total Medical and Waivers 100%100%100%100%100%100% % Of Total Enrollment License No. 0451271 Innovative Solutions. Enduring Principles. 8 2019 Dental PPO & Dental HMO Renewal and Marketing Overview •United Concordia Renewal –Initial Renewal, Rate Pass for Dental PPO and Dental HMO –Negotiated Renewal, Dental PPO -4.75% & Dental HMO -4.75%, or Dental PPO -2.50% & Dental HMO -2.50% 2 year rate guarantee •[Client] decision to move to Cigna –Dental PPO -10.79% adding adult/child orthodontia (50% to $2,000), 3 year rate guarantee. –Dental HMO –No change in rates, 2 year rate guarantee with a rate cap in the 3rd year of 6% –Approximate savings of $51,656 2019 Carrier Change from United Concordia to Cigna 2018 2019 # Change 2018 to 2019 Dental HMO Plan 408 396 -12 Dental PPO Plan 501 547 46 Total Dental 909 943 34 License No. 0451271 Innovative Solutions. Enduring Principles. 9 2019 Vision Renewal and Marketing Overview •VSP –Initial Renewal was a rate pass –Final Negotiated Renewal -6% •2 year rate guarantee (1/1/2019-12/31/2020) •Approximate savings of $8,191 or $16,382 over a 2 year period [Client] Vision Marketing Overview Effective -January 1, 2019 Carrier Contact Email Phone Number RFP Sent RFP Received Proposal Received Reason Not Presented Cigna Matthew Overby matthew.overby@cigna.c om (714) 390-4447 05/16/18 05/21/18 05/30/18 EyeMed Jake Indich jake.indich@eyemed.com(310) 913-9375 05/16/18 05/22/18 05/30/18 MES Karen Carnakis kcarnakis@MESVision.co m (909) 948-6861 05/16/18 05/17/18 05/30/18 MetLife Jonathan "JP" Eveleth jeveleth@metlife.com 213-797-3442 05/16/18 05/17/18 05/30/18 Principal Financial Amy Nielsen Nielsen.Amy@principal.c om (949) 310-8116 05/16/18 05/17/18 06/05/18 Not competitive VSP Jason Watkins Jason.Watkins@vsp.com (916) 858-5775 5/16/2018 Renewal Received 5/11/18 Incumbent-Initial rate pass, Final negotiated -6% License No. 0451271 Innovative Solutions. Enduring Principles. 10 •Medical -Blue Shield & Kaiser •Changed Dental from United Concordia to Cigna •Vision remained with VSP with a 6% decrease to rates •HSA Administrator remained with Optum •Multi-year contracts –Basic Life/AD&D and Long Term Disability –3 Years (ending December, 2020) –EAP–3 Years (ending December, 2020) –ASI FSA Administrator –No change •Total Estimated Savings $59,656 or $119,312 over a 2 year period 2019 Final Renewal Summary Utilization License No. 0451271 Innovative Solutions. Enduring Principles. 12 Utilization –Blue Shield (received 3/6/19) This is HMO and Trio combined and Blue Shield will use the combined experience for the renewal. There are only 14 subs on the PPO so they don’t release experience. License No. 0451271 Innovative Solutions. Enduring Principles. 13 Utilization –VSP (received 3/6/19) Highlights of Keenan Services License No. 0451271 Innovative Solutions. Enduring Principles. 15 2018 Educational and Administrative Meetings •Renewal/Marketing Meeting •Implemented a Comprehensive Wellness Program •Medicare Workshop –Planning started in January 2019 for February 22nd –Keenan provided, agenda, presentation, facilitation of speakers, collected presentations License No. 0451271 Innovative Solutions. Enduring Principles. 16 2018 Employee Communications •Branding –Collaboration with Keenan’s graphic designer –Uniform branding for all employee marketing pieces •Flu Shot Flyer •Calendar Event Flyer •Flyer Template –Easily manipulated for future events License No. 0451271 Innovative Solutions. Enduring Principles. 17 2018 Annual Enrollment Benefit Guide -Timeline challenges -Comprehensive •Open enrollment •Plan changes •Plan comparisons •Medical overview (Am I an HMO, PPO or HDHP type of person?) •Premiums and Flex Credits •Important Notices •Contacts •And more…. License No. 0451271 Innovative Solutions. Enduring Principles. 18 2018 Annual Enrollment (continued) •Flu Shots (6 locations) included High Dose •Health Dimensions Health Fairs (2) –Keenan invested in two health fairs and partnered in planning/executing the events •Benefit Expos (4) –Keenan scheduled all vendors and represented those that could not attend •Carrier Materials •Carrier Plan Documents Request, Review, and Distribution –October: Benefit Summaries/SBC’s for Intranet –December/January/February: EOC’s/Policies •Assistance with carrier EDI Feeds License No. 0451271 Innovative Solutions. Enduring Principles. 19 2018 Wellness Program Framework San Diego Superior Court 2018 Proposed Program Framework Program Components Details Timeframe Participation Incentive Survey • Employees Wellness Program Interest Survey (online) February 2018 • No incentive provided Wellness Challenge • Health Enhancement Systems (HES) offers a variety of fun online wellness challenges. March-May 2018 • Participants who successfully reach certain milestones during the challenge will qualify for a drawing. Onsite Fitness Classes • Strive Fitness offers the following onsite fitness classes: Yoga, Zumba, Functional Fitness and Boot Camp. April-June 2018 • No incentive provided Quarterly Onsite Wellness Workshops • Quarterly onsite wellness workshops provided by carriers, vendors, and local wellness organizations March-December 2018 • Participants who attend a workshop will qualify for a drawing. Finding Balance - Stress Management Program • Kaiser’s 8-week stress management challenge email campaign July-August 2018 • Participants who complete the end-of- program survey will qualify for a drawing. Health Fair/Flu Shots • 2018 Health Fair/Flu Shots September-October 2018 • Food and refreshments provided at Health Fair for attendees. Wellness Challenge • Health Enhancement Systems (HES) offers a variety of fun online wellness challenges. September-October 2018 • Participants who successfully reach certain milestones during the challenge will qualify for a drawing. Maintain Don’t Gain - Weight Management Program • Kaiser’s 8-week holiday weight management challenge email campaign November-December 2018 • Participants who complete the end-of- challenge survey will qualify for a drawing. Carrier Online Wellness Resources • Personal health and wellness portal • Healthy lifestyle program modules • Health/fitness tools, trackers, planners • Health information materials and library Ongoing Carrier 24-Hour Nurse Line • Toll-free 24/7 telephonic health consultation Ongoing Participation numbers for this year’s activities are as follows: Onsite Fitness Classes: 5-19 participants, Feel Like a Million Challenge: 176 participants License No. 0451271 Innovative Solutions. Enduring Principles. 20 2019 Wellness Program Framework San Diego Superior Court 2019 Proposed Program Framework Program Components Details Timeframe Participation Incentive Onsite Fitness Classes • Strive Fitness offers the following onsite fitness classes: Yoga, Zumba, Functional Fitness, Stretching, Stress Mgmt. Mindfulness and Boot Camp. January-March 2019 • No incentive provided, free onsite fitness classes are the incentive. Quarterly Onsite Wellness Workshops • Quarterly onsite wellness workshops provided by carriers, vendors, and local wellness organizations January-December 2019 • Participants who attend a workshop will qualify for a drawing. Wellness Challenge • Health Enhancement Systems (HES) offers a variety of fun online 6-week wellness challenges. February-March 2019 • Participants who successfully reach certain milestones during the challenge will qualify for a drawing. Wellness Challenge • Rest and Revive - Kaiser’s 8-week sleep promotion challenge email campaign May-June 2019 • Participants who complete the end-of- program survey will qualify for a drawing. Health Fair/Expo/Flu Shots • SDSC coordinates Health Fair’s at two locations. Flu shot clinics administered at all locations. September-October 2019 • Food and refreshments provided at Health Fair for attendees. No incentive provided. Wellness Challenge • Health Enhancement Systems (HES) offers a variety of fun online 6-week wellness challenges. October-November 2019 • Participants who successfully reach certain milestones during the challenge will qualify for a drawing. Carrier Online Wellness Resources • Personal health and wellness portal • Healthy lifestyle program modules • Health/fitness tools, trackers, planners • Health information materials and library Ongoing Carrier 24-Hour Nurse Line • Toll-free 24/7 telephonic health consultation Ongoing License No. 0451271 Innovative Solutions. Enduring Principles. 21 Macro Issues Facing Health Insurance and Municipalities And Medical Carrier Market Trends License No. 0451271 Innovative Solutions. Enduring Principles. 22 The Current California Fiscal Landscape •Good News: –Unemployment is at an historic low of 4.1% –$21 billion budget surplus –Newsom proposed budget increases Rainy Day Reserve to $15.3 billion, pays down a total of $4.1 billion state pension liabilities, $415 million for emergency preparedness and response, $1.5 billion for affordable housing •Bad News and Uncertainties: –Employer-provided health insurance premiums have risen 20% since 2013; 55% since 2008 –$12.4 billion in losses due to 2018 wildfires –Unfunded OPEB liability of $187 billion –Affordable housing crisis –Risks of recession, trade war, stock market volatility License No. 0451271 Innovative Solutions. Enduring Principles. 23 Health Care Trends –Medical and Rx 1/28/19 Access To Care •Average Covered California premium increase for 2019 will be 8.7% for people who get no subsidies. For people who get subsidies, the average premium increase is closer to 4%.1 •CA uninsured rate fell to 7.2% in 2017, a 60% decrease since 2014 rate of 17.2%.2 Cost of Care •National health expenditures avg. annual growth rate forecast 2017-2026 of 5.5% vs nominal GDP growth of 4.5% 3 •Insured population forecast to fall from 91% in 2017 to 89.3% in 2026 3 •The average annual premiums for employer-sponsored health insurance in 2018 are $6,896 for single coverage and $19,616 for family coverage. The average premium for family coverage has increased 20% since 2013 and 55% since 2008.4 Healthcare Reform •Repeal of the ACA’s Individual Mandate penalty effective January 1, 2019. The Employer Mandate and all employer reporting requirements remain in effect. •Appeal filed in controversial case –Texas v. Azar –after lower court declared entire ACA invalid. The law remains in effect while the case makes it way through the courts. •With Democrats now in the majority in the U.S. House of Representatives, expect to hear more discussion about “Medicare for All” type plans. Legislation unlikely to move forward under current Administration. References: 1.Covered California 10/18/18 Board meeting minutes 2.Covered California 9/13/18 news release 3.CMS National Health Expenditure Data NHE Forecast Summary, NHE Projections 2017-2026 www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports 4.Kaiser Family Foundation, 2018 Employer Health Benefit Survey, October 3, 2018 License No. 0451271 Innovative Solutions. Enduring Principles. 24 Market Trends Trends are applicable for North and South except where noted. * Kaiser Trends are not updated quarterly. They are set Annually. Note: PacifiCare/UHC has decided not to participate in our trend report.. If their position changes we will add them to the report. . Insurance Trends Report 1st Quarter 2019 CARRIER Vision Health Net Capitation Non-Capitated Hospital Professional Overall PPO Dental Net 5.52%8.60%9.80%7.13%8.70%4.5%4.5% Blue Shield North South North South North South PPO DHMO North South North South 12.1%12.8%12.4%12.8% North South 4.2%4.6% North South North South North South PPO DHMO 6.08%6.29%6.32%6.51%6.08%6.29%5.0%4.0% Premier PPO 5.0%5.0% VSP *3.0% MES *4.0% 8.9%13.2%9.5% 3.8% 11.2% Delta Dental Rx-HMO 9.9%8.35% 10.20%9.20% CARRIER TREND HMO PPO DentalPOS 2.4%4.2% 7.8%7.8%9.4% 6.75% Schools HealthCare 9.20%8.40%6.80%10.20% Cigna 7.9% Prescription Drugs 4.0% Kaiser * Express Scripts North North Sutter Health Plus * Prescription Drugs Anthem 8.4% Aetna Rx-PPO Rx-HMO 2.5% 2.5% 3.0% North 5.0% South 5.0% Rx-PPO 9.9% 12.0% 2019/2020 Strategic Planning License No. 0451271 Innovative Solutions. Enduring Principles. 26 Strategic Planning 2019/2020 •Marketing –Medical? •Renewals –Due Date? –Blue Shield (will receive by 6/1) –Kaiser (will receive by 6/1) •Wellness –Wellness Program ($25,000 wellness fund) •Voluntary Products –Voluntary Short-Term Disability, Critical Illness, ID Theft –Long Term Care License No. 0451271 Innovative Solutions. Enduring Principles. 27 Strategic Planning 2019/2020 (continued) •Any new challenges surface? ______________________________________________________ ______________________________________________________ ______________________________________________________ ______________________________________________________ License No. 0451271 Innovative Solutions. Enduring Principles. 28 2020 Renewal Timeline -Ideal •All renewals (Medical) due June 1, 2019 –Marketing decisions –Finalize all plans by August 1, 2019 •Based on desired annual enrollment –October 7–October 25, 2019 •Benefit Guide –September 21: Final Benefit Guide to [Client] –September 1 –20: Development with minimum changes –August 15 –September 20: Development with many changes –August 1: Finalize all plans 2018 Compensation Disclosure License No. 0451271 Innovative Solutions. Enduring Principles. 30 2018 Keenan Consulting Fee Accounting Medical Medical Effective Kaiser Blue Shield Total per Month Month Pol#232167 Pol#W0065140 Jan-18 7,632.85 6,534.21 14,167.06 Feb-18 7,542.67 6,545.73 14,088.40 Mar-18 7,470.74 6,371.77 13,842.51 Apr-18 7,384.71 6,418.24 13,802.95 May-18 7,357.65 6,368.97 13,726.62 Jun-18 7,360.94 6,325.86 13,686.80 Jul-18 7,405.13 6,455.20 13,860.33 Aug-18 7,337.57 6,403.81 13,741.38 Sep-18 7,265.28 6,420.44 13,685.72 Oct-18 7,306.67 6,387.31 13,693.98 Nov-18 7,316.37 6,536.41 13,852.78 Dec-18 7,084.10 6,477.45 13,561.55 Total 88,464.68 77,245.40 165,710.08 165,710.08 2018 YTD Commissions (161,000.00) 2018 Annual Cap 4,710.08 2018 Excess Cap 2018 Superior Court of California, San Diego County As of 02/05/19 License No. 0451271 Innovative Solutions. Enduring Principles. 31 Keenan & Associates Compensation Disclosure Statement Keenan & Associates’ mission has been to provide high-quality, innovative products and services to meet the insurance and risk management needs of our clients for many years. Keenan embraces industry efforts for transparency and believes it is important that clients are provided with information that may be relevant to their choice of insurance products and services, such as (i)the terms of coverage and services that are offered, (ii) the cost of such insurance and services, (iii)the reported financial viability of insurers, and (iv) compensation that may be directly or indirectly paid to Keenan in connection with the products or services that are presented and ultimately selected. The following paragraphs provide additional information concerning the services that are offered by Keenan and the manner in which Keenan may be compensated for such services. Clients that have questions regarding any of these items or that desire additional information are encouraged to contact their Keenan account representative to discuss in more detail. Consulting and Brokerage Services Commission Compensation –Keenan offers consulting and brokerage services to assist clients in reviewing their insurance needs and available insurance options. When Keenan is asked to obtain proposals for insurance and/or excess insurance coverage, Keenan obtains quotations from appropriate insurers with coverage for the types of risks involved. A summary of the insurance markets that were approached and the quotations received will be presented to the client. Keenan is typically compensated for its brokerage services through commissions paid by the insurers, the cost of which is usually included in the cost of the insurance coverage obtained. In some cases, Keenan may be requested to obtain insurance quotes “net of commission,” in which case Keenan will enter into an agreement with the client to provide insurance brokerage services for a fee that is paid by the client. Other Contingent Compensation –It is a long-standing practice in the insurance industry for insurers to establish additional compensation programs for brokers based on factors that are not specific to a particular client or placement of coverage. These arrangements are typically referred to as overrides, contingencies, supplemental compensation or indirect compensation (collectively, “Other Compensation”). Keenan may from time to time enter into arrangements with insurers for Other Compensation based upon: (i)technology investment and services provided by Keenan, (ii)assistance with developing, marketing and/or distributing products offered by insurance carriers and product vendors, (iii)specialized expertise in niche markets that may assist insurers to properly assess market risks and to develop products, (iv)efficiencies that may be achieved through the collective administration of larger groups of business, and (v)aggregate volume, persistency or new business development. Such compensation does not impact our recommendations and Keenan believes, and seeks written assurances from insurers, that any such Other Compensation does not adversely impact the pricing and coverage terms that Keenan is able to obtain for its clients. License No. 0451271 Innovative Solutions. Enduring Principles. 32 Keenan & Associates –Compensation Disclosure Statement (continued) Other Services BenefitBridge Platform Hosting and Services –BenefitBridge is Keenan’s proprietary online employee benefits eligibility and billing system that provides clients with a web-based, technology solution for employee benefits administration, eligibility, enrollment, billing reporting and employee communications. The significant investment that Keenan has made to develop and support the implementation of BenefitBridge has created efficiencies and improved accuracy for clients and participating insurers. These participating insurers pay a fee to Keenan based upon the use of the BenefitBridge platform, which fee is separate from commission compensation that may be paid and does not impact the cost of insurance that Keenan is able to obtain for participating clients. Joint Powers Authority Administration –Keenan also assists public agencies in developing joint powers authorities (JPA’s) or other purchasing coalitions to aggregate their insurance needs and reduce costs. In connection with such programs, Keenan provides numerous types of services, including administration, consulting, underwriting, claims administration, safety inspections, eligibility assessments, financial processing and reporting. Keenan is compensated for these types of services pursuant to separate written agreements with the JPA or group. Reinsurance Services –Keenan also assists JPA’s that issue a memorandum of coverage to obtain reinsurance for all or parts of the covered risks. Keenan’s services include reinsurance marketing, intermediary services, financial processing, reporting and claims handling with respect to risks that have been ceded to reinsurers. Keenan is typically compensated for such services pursuant to a fee agreement or through the payment of ceding commissions. Additional Services –Keenan may provide consulting services to clients that do not involve the purchase of insurance coverage or products. Examples of such services include: benefits analysis, dependant audit verification, leave of absence management, safety inspections, claims administration, and financial processing. Keenan provides these services for a fee that is paid by the client. License No. 0451271 Innovative Solutions. Enduring Principles. 33 Keenan Value-Added Solutions and Services License No. 0451271 Innovative Solutions. Enduring Principles. 34 Legislation License No. 0451271 Innovative Solutions. Enduring Principles. 35 2018 Legislation License No. 0451271 Innovative Solutions. Enduring Principles. 36 2017/2018 Legislation (continued) •Health Care Reform: Texas Federal Court Invalidates ACA but Appeal is Expected to Follow December 17, 2018 •Health Care Reform: IRS Extends Reporting Deadline & Good Faith Relief Once Again December 3, 2018 •2019 Benefit Limits for Health & Welfare Plans November 22, 2018 •California Legislative Summary 2017-2018 End of Session November 2, 2018 •Health Care Reform: Updated Benefit Limits for 2019 Plan Years May 24, 2018 •Health Care Reform: Cadillac Tax and Other ACA Taxes Delayed Under 2018 Spending Bill January 24, 2018 License No. 0451271 Innovative Solutions. Enduring Principles. 37 Webinars License No. 0451271 Innovative Solutions. Enduring Principles. 38 2017/2018 Webinars License No. 0451271 Innovative Solutions. Enduring Principles. 39 Keenan Blog License No. 0451271 Innovative Solutions. Enduring Principles. 40 KeenanDirect License No. 0451271 Innovative Solutions. Enduring Principles. 41 KeenanWell License No. 0451271 Innovative Solutions. Enduring Principles. 42 Time •2 VTO Days Per Year •Company-Wide Service Day •Company-sponsored VTO Projects Talent •Right Start Mentoring Program focused on middle school kids Product •Abuse Prevention Center •Online Mandated Reporter Training •School Safety Center Dollars •Donated more than $300K to support local causes in 2018 •Engaged tradeshow attendees in “Impact Projects” helping local charities Corporate Social Responsibility License No. 0451271 Innovative Solutions. Enduring Principles. 43 September 2018 Compliance Letter License No. 0451271 Innovative Solutions. Enduring Principles. 44 2017-2018 End of Session Legislative Summary License No. 0451271 Innovative Solutions. Enduring Principles. 45 November 2018 Briefing with 2019 Benefit Limits License No. 0451271 Innovative Solutions. Enduring Principles. 46 THANK YOU! We truly appreciate your business and look forward to working with you and your employees for many years to come. We believe in forming a mutually beneficial partnership and welcome your constructive comments on how we may serve you better 96 City of La Quinta Response to March 23, 2021 RFP - Employee Benefits Broker/Consultant Services CA License No. 0451271 Innovative Solutions. Enduring Principles. Appendix 2 – Sample Benefits Enrollment Guide (5 pages) BenefitsEmployee 2019 Guide CLIENT LOGO iFooter Name CLIENT 2019 Employee Benefits Guide If you (and/or your dependents) have Medicare or you will become eligible for Medicare in the next 12 months, a Federal law gives you more choices about your prescription drug coverage. Please see page 27 for more details. The information in this brochure is a general outline of the benefits offered under [Client’s] benefits program. Specific details and plan limitations are provided in the Summary Plan Descriptions (SPD), which is based on the official Plan Documents that may include policies, contracts and plan procedures. The SPD and Plan Documents contain all the specific provisions of the plans. In the event that the information in this brochure differs from the Plan Documents, the Plan Documents will prevail. 1. General Information 1. Introduction 3. Core Benefits 3. About Your Coverage 5. Dental 7. Vision 8. Other Benefits 8. Basic Life & AD&D 9. Supplemental / Optional / Voluntary Life 10. Supplemental / Optional / Voluntary AD&D 11. Short Term Disability 12. Long Term Disability 13. Voluntary Short Term Disability 14. Voluntary Long Term Disability 15. Rates 16. Employee Assistance Program 17. Flexible Spending Accounts 19. Trustmark Voluntary Insurance 21. Employee Benefits Web Site 22. Miscellaneous 22. Important Notices 32. Contact Information 1Footer Name CLIENT Introduction [Client] employees receive excellent compensation packages. Benefits include employer-paid health and dental coverage, life insurance, paid vacation, holiday and sick leave, and contributions to retirement plans. In addition, [Client] offers education achievement incentives, professional training, workshops, and advancement opportunities. Annual Enrollment for Current Employees Health insurance is one of the most critical benefits offered by [Client]. A major illness or injury could be financially devastating without adequate insurance. Even the cost of treatment of minor conditions can be prohibitive. With this in mind, our benefit program is designed exclusively to meet the health care needs of you and your family. Depending on where you live, your personal preference regarding physician choice and type of health care environment you prefer, you may choose the plan that is most suitable for you and your family members. The benefit elections you make during open enrollment will stay in effect from October 1, 2016 through September 30, 2017 if you remain eligible for benefits. However, after open enrollment ends, you can make plan changes ONLY if you have a qualified status change. Please refer to “Making Mid Year Changes to Your Benefits” within this booklet. [Client] is fortunate to be able to pay for the benefits for you and your family members. Choosing the right plan is a very personal thing. Use this booklet to find one that’s Right for your lifestyle, Right for your needs, Right for your peace of mind. Footer Name CLIENT2 Introduction (continued) What’s New for 2018-2019 What is Happening with Health Insurance? You may have heard in the news or seen advertising about the Affordable Care Act (ACA) and Covered California (also known as the Health Insurance Exchange or Marketplace). Many people are still unaware of the huge changes taking place in our health care system, the decisions they will need to make and the impact on their personal health care costs. Under the ACA, most people were required to have health insurance coverage by January 1, 2014, or they will have to pay a tax penalty. You may already be enrolled in or may be eligible for health coverage through [Client]. We will be offering our eligible employees health coverage during our regular enrollment period again this year. Please visit [Client]’s intranet site for additional information. Qualifying Events In accordance with the provisions of [Client]’s Flexible Benefits Plan, changes outside of the open enrollment period can only be made for one of the following reasons: • Changes due to “a change in the Participant’s family status.” (Section 5.5) Changes must be made within 30 days of the change in family status. Failure to make changes within 30 days of the change in family status will require that the employee wait for the next open enrollment period. • Changes due to a “significant change in the cost of coverage of the benefits previously elected by the Participant.” (Section 5.6) • Employees may request to drop coverage through the Agency’s health plan in order to become covered under a spouse’s health plan outside of the Agency’s open enrollment period, ONLY IF the spouse has just become eligible for coverage. The spouse’s employer must provide proof that their employee has just become eligible for this coverage. Otherwise, the employee must wait until the next open enrollment period. Changes are not permitted outside of the open enrollment period except as provided under “Qualifying Events”. Said changes of an election outside of the open enrollment period must be consistent with the change in status. Employees are responsible for informing the Benefits Department of any changes in dependent status within 30 days of said change. Failure to do so will result in no coverage for your eligible dependents(s) / spouse. Do You Need to Do Anything? The answer is “no” unless you want to: • Change your plan election • Add or delete coverage for an eligible dependent See “Making Mid-Year Changes to Your Benefits” on the next page for more information. Keep in mind that after the Open Enrollment period, you cannot change your benefit elections during the year unless you have a qualifying life event. Stay tuned to [Client] communication pieces related to ACA updates and information for employees. Drop Dependent The effective date used when you drop a dependent will be the first of the month following the date of notification to the Agency. 3Footer Name CLIENT If you and your spouse are both covered as employees under the Agency’s plans, each employee may enroll as a subscriber and each may enroll your dependents. When Are You Covered? If an employee is hired between the 1st – 15th of the month, coverage becomes effective the first day of the month following date of hire. If an employee is hired the 16th of the month or after, coverage becomes effective the first of the month following 30 days of employment. Your family members are covered: • For all existing family members, on the date you are covered; • For a new spouse and step child, the first day of the month after the date your spouse and step child become a family member(s) due to marriage; • The date a child becomes your family member due to birth, adoption, or legal guardianship. Making Mid-Year Changes to Your Benefits The benefit elections you make during open enrollment will stay in effect from October 1, 2018 through September 30, 2019 if you remain eligible for benefits. Each year, during open enrollment, you have the opportunity to change your coverage elections for the following plan year. However, after open enrollment ends, you can make plan changes ONLY if you have a qualified status change. Qualified status changes include: • Marriage or registration of a domestic partner • Divorce or legal separation from a spouse • Birth, adoption, placement for adoption, or legal guardianship of a child • Death of a spouse / domestic partner or a child • Child’s loss of eligibility due to age • You or your spouse has a change in employment status that results in gaining or losing eligibility for benefits coverage • Full-time / part-time employment status change resulting in an insurance eligibility change • Commencement of or return from an unpaid leave of absence • Change for an individual eligible for Medicare or Medicaid • QMED • CHIP Over-Age Dependents Health care reform legislation has mandated that group health plans offer coverage to dependent children until they attain age 26. About Your Coverage Important Notice About Dependent Eligibility • You are an employee and meet the eligibility requirements. • If you do not add newly eligible family members to your health plan within the 30-day period of eligibility, you will have to wait until the next open enrollment period before you can enroll them. • Your former spouse / domestic partner, parents, parents-in-law, other relatives, and children over age 26, are not eligible for coverage under your health care plans. • They must be your natural, step, or adopted children (children for whom you may be a legal guardian for are also eligible).