Title
Approval of Amendment No. 1 to Existing General Services, Agreement No. AGR24-67 with Blue Cross Blue Shield of New Mexico, in an Amount Not to Exceed $3,150,000, for the Initial Term Plus First Renewal Term, For the Purpose of Providing Medical Insurance Benefits to Eligible Los Alamos County Employees and Authorize the Use of Up to $625,000.00 in Accumulated Reserve Funding Towards Expenses Covered by the Amendment
Recommended Action
I move that Council approve the contract for general services, Agreement No. AGR24-67 with Blue Cross and Blue Shield of New Mexico, A Division of Health Care Service Corporation, in an amount not to exceed $3,150,000, for the initial term, plus applicable gross receipts tax, for the purpose of providing medical insurance benefits to eligible Los Alamos County employees and authorize the use of up to $625,000.00 in accumulated reserve funding towards expenses covered by the amendment.
County Manager's Recommendation
The County Manager recommends that Council approve the motion as presented.
Body
On April 10, 2024, the County issued Request for Proposal (RFP) 24-67 for Medical Insurance Benefits for Los Alamos County Employees. The County received four (4) responses by the submission deadline, and all responses were considered qualified. Using the criteria established in the RFP, the response from Blue Cross Blue Shield of New Mexico was found to be the most advantageous to the County in providing the desired services and benefits. Blue Cross Blue Shield of New Mexico has been the County’s medical insurance provider since 1999. A rate guarantee was provided for years one through three for the Claims Administration Services identified in the RFP. All renewal years are subject to negotiation and approval by Council.
If approved, the term of this Amendment for Administrative Services, as defined in the Administrative Services Agreement (“ASA”) (Attachment A, Exhibit A), shall continue through December 31, 2027, unless soo...
Click here for full text