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HomeMy WebLinkAboutResolution - 2008-R0494 - Purchase Transplant Insurance - AIG Medical Express - 12/17/2008Resolution No. 2008-80494 December 17, 2008 Item No. 5.4 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to purchase for and on behalf of the City of Lubbock, transplant insurance coverage, by and between the City of Lubbock and AIG Medical Express, with first dollar coverage pursuant to the terms and conditions attached hereto as Exhibit "A," offering the same benefits as set forth in Exhibit "A" hereto, and in a final form and substance acceptable to the City Manager and City Attorney, and THAT the City Manager or designee may execute any routine documents and forms associated with said insurance coverage. Passed by the City Council this 17th day of December , 2008. ATTEST: Rebe ca Garza, City Secretary APPROV AS TO CONTENT: Leisa Hutcheson, Director of Risk Management APPROVED ASJO FORM: Attorney gslccdocs/AIG Medical Expressses 1213108 TOM MARTIN, MAYOR Resolution No. 2008-RO494 Medical Excess One MacArthur Place, Suite 620 South Coast Metro, CA 92727 "Exhibit All Phone: (714) 436-3600 Tall Free: (800) 634-7462 Fax: (714)436-3620 October 20, 2008 Ms. Marta Alvarez, Purchasing Manager City of Lubbock 162513 1h Street, Room 204 Lubbock, TX 79401 Re: Renewal of Organ & Tissue Transplant Policy Policyholder: City of Lubbock Policy Anniversary Date: January 1, 2009 Policy Number: 280-6492 Dear Ms. Alvarez: The Organ & Tissue Transplant Policy issued to the above captioned group is approaching its anniversary date, and we are looking forward to renewing it with you. Attached is the renewal proposal for the group. You will notice a rate change which is mainly the result of recent increases in physician, hospital, and pharmaceutical expenses related to transplants. Please respond to this letter within 15 days of the renewal date. This will allow us to prepare your renewal Policy in a timely manner. Your response should include an update regarding those individuals that were originally excluded from coverage under this Policy. In addition, please identify: 1. Any new potential transplant exposures and related medical information (clinical or case management notes - including type of transplant, date of evaluation, hospital listing and current diagnosis). 2. Any significant census changes (current and/or future). 3. Any change in the group's third party administrator. Please forward the information requested in Items 1&2 (above) to my attention within 45 days prior to the renewal date. In the event that any Plan participants are covered under a High Deductible Health Plan (as defined under Title 26, Subtitle A, Chapter 1, Subchapter B. Part VII, § 223 of the Internal Revenue Code), the Plan's Deductible Amount must be met prior to benefits being paid under the Organ & Tissue Transplant Policy. This stipulation will appear on the Declarations page of your renewal Policy. Thank you very much for this opportunity to continue our relationship. Should you have any questions, please do not hesitate to call. Sincerely, Jim Colwell Underwriting Technician (714) 436-3623 cc: Russ Jehs, Vice President, Organ Transplant Product Management E2V_%6V_A Medical Excess One MacArthur Place Suite 620, South Coast Metro, CA 92707 Toll Free: 800-634-7462 Organ Transplant Proposal Employer: CITY OF LUBBOCK Underwriter Josefina Panopio Proposal: 55166 Sales: Stanley Self Producer: Sanford & Tatum Insurance Agency Quote Date: 10/20/2008 Claims Admin.: Blue Cross and Blue Shield of Texas, a division of Quote Valid Until: 01101/2009 Carrier: AIG Life Effective Date: 01/0112009 This proposal contemplates the utilization of the above captioned Claims Administrator. Any deviation is a material change of fact rendering this proposal nail and void. Summary of Coverage Lifetime Maxmium : $1,000,040 Policy Deductible : $4 Notification 1 Coordination : See requirements in attached policy specimen Transplant Benefit Period : Evaluation through 365 days post transplant Reimbursement : ` 100% of covered transplant -related costs, including organ procurement, when performed in -network. ` 80% of covered transplant -related costs up to scheduled maximum amount ,per transplant when performed out -of -network (see policy) Transportation : $200 per day, 510,000 maximum for patient and companion Experimental : Coverage of NCI Clinical Trials Phase III and IV for adults, all phases for pediatric Pre -Existing Requirements : Pre -Ex is waived for current Participants (unless they are completing an established Pre -Ex Waiting Period). However, Participants added from the acquisition of a new group, affiliate, division, and/or subsidiary, are subject to a 12 month Pre -Ex Waiting Period that begins on the date the acquisition is covered under the Policy. A Pre -Existing Condition is any condition for which the Participant has within the past 24 months: been advised that a transplant may be necessary; had a transplant consultation, workup, or evaluation; been scheduled for a transplant consultation, workup, or evaluation, received or has been listed to receive a transplant. Other Coverage / Services Carrier Rate Premium Commission Please refer to policy specimen AIG Life $ 6.77 Single $ 15.55 Family $ 324,654.97 Rates include 0% commission Rates and benefits are subject to state approval. Russ Jehs Vice President, Organ Transplant Product Management No coverage of any kind is made effective by this quote transmitted. Sales Representatives, and brokers or agents, have no authority to make effective coverage, or enter into contracts on behalf of the company. Coverage wilt be effective only after. (1) a quotation is issued by the company; (2) a completed and signed application and disclosure is received by the company; (3J the application is approved by the company; 14) Written notice confirming effective coverage is issued by the company. This proposal supersedes alt others previously issued to you, and all other Proposals and Rate Quotations previously issued to you are void. JCOLWELL 14120/200815:02:49 Frage 1 of 2 Medical Excess ,t„ I„J Medical Excess One MacArthur Place Suite 620, South Coast Metro, CA 92707 Toll Free: 800-634-7462 Organ Transplant Proposal Employer: CITY OF LUBBOCK Underwriter: Josefina Panopio Proposal: 55166 Sales: Stanley Self Producer: Sanford & Tatum insurance Agency Quote Date: 10/20/2008 Claims Admin.: Blue Cross and Blue Shield of Texas, a division of Quote Valid Until: 01/01/2009 Carrier: AIG Life Effective Date: 0110112009 This proposal contemplates the utilization of the above captioned Claims Administrator_ Any deviation is a material change of fact rendering this proposal null and void. Contin encies For All Producers / Groups Explanation of any upcoming significant census changes (20%) within 30 days of effective date. Groups with employees in multi -state locations may be subject to rate revision. Contract period is for 12 months from effective date, unless otherwise stipulated. In the event that Plan participants are covered under a High Deductible Health Plan (as defined under Title 26, Subtitle A, Chapter 1, Subchapter B. Part VII, § 223 of the Internal Revenue Code), the Plan's Deductible Amount must be met prior to benefits being paid under the Organ and Tissue Transplant Policy. For Non -Pooled Producers: In addition to the Information requested above, please provide the following: (Attached Proposal is 'indication only' based on AIG Pooled Producer rates. The information requested below is to determine any variance from pooled rates in order to determine our final underwriting position.) Three year history of transplants by type and paid amounts (from 1st dollar). Current Transpiants in waiting (diagnosis/transplant type, when evaluated or approved, transplant facility, billed/paid amounts to date, current clinical analysis). ` Single t Family census split, Indicate the number and location of employees located outside the group's state of domicile. Explanation of any upcoming significant census changes if known. ' Transplant hospitals historically accessed. ` Current Transplant network, if any. Historic % of transplant performed in -network vs. out -of -network. Complete copy of SL Policy and Plan Document, if non -AIG Current Specific Deductible and Stop Loss carrier name. " Single i Family SL rates, if non -AIG. ` Discount % offered by carrier for carving out transplant risk_ Administrator name and location. UM 1 UR I Pre Cert vendor (if not TPA). State commission desired (net to 10%). Lifetime maximum requested - option of $1 M or $2M. Complete copy of Transplant Policy, if non -AIG. Complete copy of comprehensive Medical Policy, if no Stop Loss. No coverage of any kind is made effective by this quote transmitted. Safes Representatives, and brokers or agents, have no authority to make effective coverage, or enter into contracts ort behalf or the company. Coverage will be effective only afferr (11 a quotation is issued by the company; (2) a completed and signed application and disclosure is received by the company; iii the application is approved by the company; 14) Written notice confirming effective coverage is issued by the company. This proposal supersedes all others previousfy issued to you, and ail other Proposals and Rate Quotations previously issued to you are void. JCOLWELL 10/20/2008 15 02:49 Page 2 of 2 Medical Excess