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3.A.
Employee Benefit Trust Board Meeting
Meeting Date:
06/23/2021
Department Head:
Maria Munoz
Submitted By:
Maria Munoz, HR Benefits Coordinator, Human Resources Department

ITEM:

Discussion and possible action on any and all matters regarding the purchase and name change of the third-party administrator, EBSO Inc. to 90 Degrees Benefits, Inc. and adoption of service agreement with 90 Degrees Benefits, Inc. and benefit plans for the Fiscal Year starting July 1, 2021. (Rob Flunker, President of 90 Degrees Benefits, Inc.)

SUMMARY:

The third-party administrator, EBSO, was purchased by the Wisconsin company 90 Degrees Benefits, Inc., which according to the Wisconsin Secretary of State website was incorporated in 1977.  The company is also registered in Arizona as an out-of-state corporation.  However, the Arizona people who have been working with us are still authorized to enter into agreements in Arizona.

This item is to enter into an agreement with 90 Degrees Benefits, Inc. and to adopt the plans for the fiscal year starting 2021 with 90 Degrees Benefits, Inc. as the third-party administrator.
 

RECOMMENDATION / SUGGESTED MOTION:

1.  I MOVE TO APPROVE THE ADMINISTRATIVE SERVICES AGREEMENT FOR THIRD-PARTY BENEFIT SERVICES WITH 90 DEGREE BENEFITS, INC.

2. I MOVE TO APPROVE THE AUTHORIZATION AND GUARANTEE AGREEMENT FOR AUTOMATED CLEARING HOUSE AUTHORITY SO THAT 90 DEGREE BENEFITS, INC. MAY PROCESS DEBIT AND CREDIT CARD PAYMENTS.

3. I MOVE TO APPROVE THE U.S. MEDICAL PLAN WITH 90 DEGREE BENEFITS, INC. AS THE THIRD-PARTY ADMINISTRATOR.

4. I MOVE TO APPROVE THE U.S. DENTAL PLAN WITH 90 DEGREE BENEFITS, INC. AS THE THIRD-PARTY ADMINISTRATOR.

5. I MOVE TO APPROVE THE MEXICO-ONLY MEDICAL PLAN WITH 90 DEGREE BENEFITS AS THE THIRD-PARTY ADMINISTRATOR.

6. I MOVE TO APPROVE THE MEXICO-ONLY DENTAL PLAN WITH 90 DEGREE BENEFITS AS THE THIRD-PARTY ADMINISTRATOR.


 
 

Fiscal Impact

Fiscal Impact:

These agreements are for the authorization and for plan procedures, and not the details of the costs involved. Broker/Consultant Susan Posada presented plan cost estimates for the fiscal year starting July 2021 to both the Trust and the San Luis City Council during the Spring 2021 meetings.

Attachments