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AI- 6589   3. S.    
Commissioners Court - Regular
Meeting Date: 09/16/2015  
Approve execution of a letter from VOYA Financial formally ING for RFP No. 2934-13 Aggregate and Specific Re-Insurance (Stop Loss).
Submitted By: Elsa Saenz, Purchasing Department
Department: Purchasing Department  

Information
RECOMMENDATION
Approve execution of renewal with VOYA Financial, formerly ING Employee Benefits, for RFP No. 2934-13 Aggregate and Specific Re-Insurance (Stop Loss) for the Nueces County Employee Self-Funded Group Health Program.
BACKGROUND
Nueces County currently makes available to its employees a self-funded plan of medical care benefits. Nueces County received proposals from qualified Offerors who provide the following specific services for an October 1, effective date:

• Stop-Loss Re-Insurance for Aggregate and Specific coverage

The contract term was for an initial term of one (1) year with the option to renew. Each renewal, if mutually acceptable to the Offeror and Nueces County, will be in twelve (12) month increments, not to exceed three (3) years additional extensions past the initial term.

The first renewal ends on September 30, 2015.
DISCUSSION
Letter from ING would extend the contract to September 30, 2016 at the Option 1 rates. This is a regularly budgeted item.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Renewal package

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