HomeMy WebLinkAboutAddenda - RFP - P902 BENEFITS (3)City of Fort Collins
AdminisL ative Services
Purchasing Division
CITY OF FORT COLLINS
ADDENDUM No. 1
SPECIFICATIONS AND CONTRACT DOCUMENTS
Description of Bid: P902 Benefits
OPENING DATE: August 29, 2003 2:00 P.M. (Our Clock)
To all prospective bidders under the specifications and contract documents described above,
the following changes are hereby made.
VISION
QUESTION: Does the city want to see fully insured rates in addition to ASO rates?
ANSWER: Yes
QUESTION: What tiering structure would you like in the rates?
ANSWER: 4-tier rate structure.
QUESTION: What are the current rates?
ANSWER: Current Monthly Rates:
Individual: $ 7.74
+child(ren): $13.35
+spouse: $14.52
+family: $23.18
Admin fee: $2.15/employee/month
QUESTION: Is or can the vision program be offered to the employees as a bundled product
with either their medical plan or the dental plan?
ANSWER: Yes. But also quote stand alone plan.
QUESTION: Should the quote be "net' or with commissions built into the quote?
ANSWER: Quote "net" of ALL commissions per RFP.
LTD/LIFE
QUESTION: Are claims loss runs from the past three years; broken down by month, including
paid out premium, and diagnosis available?
ANSWER: Life loss claims are available for 1997 forward, LTD Claims are available for
2002 forward. Claims are listed by approval date. Monthly breakdown,
diagnosis and paid out premium are not available.
QUESTION:
What are the current rates and rate history?
ANSWER:
The incumbent carrier has consistently provided 2-year rate guarantees.
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Life: Basic: 2001 and 2002 = $ *$1,000 covered annual salary
AD&D:
2001 and 2002 = $.04/$1,000 in covered salary
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Basic: 2003 and 2004 = $�/$1,000 covered annual
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salary
AD&D: 2003 and 2004 = $.04/$1,000 covered annual salary
LTD: 2001 and 2002: $.64/$100 covered monthly salary
2003 and 2004: $.79/$100 covered monthly salary
215 North Mason Street • 2nd Floor • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6775 • FAX (970) 221-6707