Benefit Consulting Services

2026-11-03

The Firm will assist the City in evaluating strategies to minimize increasing medical costs . This includes continual review of the organizational needs and objectives of the City relating to benefit plan design , and assisting in plan management , funding , implementation and ongoing administration , research and technical services , renewals , marketing and plan compliance . A detailed scope of work and service expectations will be finalized prior to the time the contract is signed . The Firm will provide the following services throughout the term of the contract : 1 . Serve as a technical consultant on all health insurance issues . Provide management advice and assistance reviewing the City ’ s current benefits program , and notify the City of any necessary plan document amendments or changes that need to be made . 2 . Provide general guidance on national and regional trends in benefits and eligibility requirements . Provide recommendations as to alternative benefit programs as reflected by the City ’ s plan costs or benefit practices . 3 . Assist in developing and achieving long - term benefit goals and objectives . 4 . Provide notification and updates to federal and state laws , regulations , administrative and / or judicial rulings and tax laws that may affect the City ’ s benefits program . Also , monitor and provide information on pending or new legislation . 5 . Maintain records of the financial and claims experience , as well as records on the condition and progress of the City ’ s benefits program and provide quarterly reports . Advise on methods for improving cost containment . Provide monthly payment and COBRA reports . Provide annual claims analysis report for the prior year and projected costs for the following year . 6 . Recommend annual employee contribution rates and provide an analysis of the fiscal impact and funding requirements of those rates for the upcoming fiscal year . Research and recommend alternative funding options .

Rocky Mountain E-Purchasing System

2026-05-06