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Ordinance No. 6,779930923 --6 ORDINANCE NO. 6779 • AN ORDINANCE ACCEPTING PROPOSALS BROKERED THROUGH J. E. STONE & ASSOCIATES FOR INDIVIDUAL AND AGGREGATE STOP LOSS COVERAGE AND FOR ADMINISTRATION OF THE MEDICAL AND DENTAL BENEFITS PROGRAM OF THE CITY OF BAYTOWN; AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE AND THE CITY CLERK TO ATTEST TO SAID CONTRACTS; AUTHORIZING PAYMENT OF TWO HUNDRED EIGHTY -FOUR THOUSAND EIGHT HUNDRED EIGHTY -FOUR AND N01100 DOLLARS ($284,884.00) PURSUANT TO THE TERMS OF SAID CONTRACTS; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. 40 NO- WHEREAS, the City Council of the City of Baytown, Texas, did horize the administration to request proposals for inistration of the self- funded medical and dental benefits gram the City of Baytown provides for its employees; and WHEREAS, a review of various proposals submitted indicates t the proposals of J. E. Stone & Associates for individual and regate stop loss coverage, Philadelphia American Life Insurance pany (PALICO) as third party administrator of the benefit claims inistration, and Cost Care as a PPO network for individual aged care are the most beneficial to the City of Baytown; NOW BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, Section 1: That the City Council of the City of Baytown, Texas, hereby accepts the proposal of J. E. Stone & Associates for individual and aggregate stop loss coverage for the sum of ONE HUNDRED FIFTY -SEVEN THOUSAND FOUR HUNDRED SIXTY AND N01100 DOLLARS ($157,460.00), and authorizes payment thereof. Section 2: That the City Council of the City of Baytown, Texas, hereby accepts the proposal of Philadelphia American Life Insurance Company (PALICO) as third party administrator of the (benefit claims administration for the sum of SEVENTY -TWO THOUSAND HEIGHT HUNDRED NINETY AND N01100 DOLLARS ($72,890.00), and authorizes payment thereof. Section 3: That the City Council of the City of Baytown, Texas, hereby accepts the proposal of Cost Care as a PPO network for individual managed care for the sum of FIFTY -FOUR THOUSAND FIVE HUNDRED THIRTY -FOUR AND N01100 DOLLARS ($54,534.00), and authorizes payment thereof. Section 4: That the Mayor and City Clerk are hereby authorized and directed to execute and attest to the contract with J. E. Stone & Associates, a copy of which is attached hereto as Exhibit "A." 934923 -6a • Section 5: That the Mayor and City Clerk are hereby authorized and directed to execute and attest to the contract with Philadelphia American Life Insurance Company (PALICO), a copy of which is attached hereto as Exhibit "B." Section 6: That the Mayor and City Clerk are hereby authorized and directed to execute and. attest to the contract with Cost Care, a copy of which is attached hereto as Exhibit "C." Section 7: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 23rd day of September, 1993. ' PETE C. AL O, Mayor ATTEST: I ORE, Depupr City Clerk 4A0CI::t-2RJAZMeIRaEtZ2-, , City Attorney legW*w AM- 23- 93iwM0P0ML0 w • 2