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HomeMy WebLinkAboutCORRESPONDENCE - RFP - P682ZOOZ S Z d3S May 16, 2002 Vincent Pascale City of Ft.Collins, Colorado 200 W Mountain Ave. Ft. Collins, CO 80521 Dear Vince: v`. As The City of Fort Collins is a valued customer of Vision Service Plan (VSP), we hope the group has enjoyed a positive outcome with all aspects of our services. We are pleased to offer the group another period of quality coverage. The renewal will be in effect from January 1, 2003 for a 24-month term. VSP reviewed the group's program and developed rates based on the experience of the vision care program. These rates are outlined in the enclosed renewal exhibit. VSP considers many factors when determining rates, including claim cost, utilization, claim frequency, and trend. VSP has offered a renewal rate moving the city closer to a standard VSP allowance as well as an alternative renewal that would leave the group with the current level of benefits. The rates are provided on the proposed rate report enclosed with this letter. As you will see, we are comfortable with leaving our administrative fees the same for an additional 24 months. Please review the renewal information, and let me know if you have any questions. I am available to meet with you to further discuss the enclosed material or provide additional information if necessary. To renew the contract with Vision Service Plan, please sign the bottom portion of this letter and return it to VSP. We appreciate your business and value our relationship with The City of Fort Collins Cordially, Tom Swartzbaugh, CEBS Senior Account Executive RENEWAL NOTICE Please sign and return this letter or fax to (303)-892-7768 to acknowledge acceptance of the renewal. VSP produces the Plan document upon receipt of the confirmation of renewal. City of Fort Collins Group Number 12063997 Renewal Date —January 1, 2003 Self Funded Renewal Rate $2.15 Renewal Option I Rate $2.15 Claim Cost $ 10.19 Renewal Option II Rate $2.15 Claim Cost $$9.74 (current program) Plan Accepting L-epi-p_ . L b..f-K:—'CuRta-K) _ 0041L4 Au rized Group Representative Signature VISION SERVICE PLAN 1050 17TH STREEr, SUITE 1885, DENVER CO 80256 TEL: 303.892.7663 FAX: 303.892.7768 800.225.3665 VISIT OUR WEB SI'FF. AT WWW.VSP.COM .r.' +,26 PROPOSED RATES REPORT CITY OF FORT COLLINS Renewal Date January 1, 2003 24 month rate guarantee MEMBER DOCTOR BENEFITS CURRENT PROPOSED PROPOSED PLAN OPTION I OPTION II 12/12/24 12/12/24 12/12/24 Frame Allowance 34.00 39.00 34.00 Elective Contact Lenses 100.00 110.00 100.00 Exam Copayment 15.00 15.00 15.00 Material Copayment 15.00 15.00 15.00 NON-MEMBER DOCTOR REIMBURSEMENT SCHEDULE CURRENT PROPOSED PROPOSED PLAN RENEWAL OPTION I 12/12/24 12/12/24 12/12/24 Examination 30.00 35.00 30.00 Single Vision Lenses 30.00 30.00 30.00 Bifocal Lenses 40.00 40.00 40.00 Trifocal Lenses 50.00 55.00 50.00 Frame 30.00 45.00 30.00 Elective Contact Lenses 80.00 110.00 80.00 Necessary Contact Lenses 150.00 210.00 150.00 CURRENT PROPOSED PROPOSED PLAN RENEWAL OPTION I Administrative Fee $2.15 $2.15 $2.15 Estimated Claim Cost $9.32 $10.19 $9.74 Prepared 5/16/02