CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO. R-19-140 ENACTMENT NO. __________________
SPONSORED BY: Trudy E. Jones, by request
RESOLUTION
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Establishing The City Of Albuquerque's Administration Of The Group Self-Insurance Fund For Providing Medical Coverage For Employees And Of The Participating Entities, Creating A New Group Self-Insurance Fund 710, In Fiscal Year 2020 (Jones, by request)
body
ESTABLISHING THE CITY OF ALBUQUERQUE'S ADMINISTRATION OF THE GROUP SELF-INSURANCE FUND FOR PROVIDING MEDICAL COVERAGE FOR EMPLOYEES AND OF THE PARTICIPATING ENTITIES, CREATING A NEW GROUP SELF-INSURANCE FUND 710, IN FISCAL YEAR 2020.
WHEREAS, the City of Albuquerque's Insurance & Benefits Division of the Human Resources Department manages the Group Health Benefits Plans which includes Medical, Dental, Vision, Life Insurance and Voluntary Benefits, for approximately 18,000 employees and dependents of the City of Albuquerque and for the employees and dependents of the Participating Entities to include but not limited to, Albuquerque Bernalillo County Water Utility Authority, Sandoval County, Middle Rio Grande Conservancy District, City of Belen, Town of Bernalillo, Albuquerque Housing Authority, Village of Corrales, Town of Edgewood, Village of Bosque Farms, Village of Tijeras, Village of Los Ranchos, Town of Mountainair, Village of Cuba, Sandoval County Arroyo Flood Control Authority, Village of Jemez Springs, Village of Cochiti Lake, Village of San Ysidro; and
WHEREAS, the combination of insured in the group program is one of the largest public insured groups in New Mexico; and
WHEREAS, the combined procurement, administration, and financial management of the group program contributes greatly to the overall cost effectiveness, administrative efficiencies, technical efficiencies and provides financial savings to City of Albuquerque and that of the Participating Entities; and
WHEREAS, a Request for Proposa...
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