Title
Consider approval of renewing with Tokio Marine HCC, for Organ & Tissue Transplant coverage for eligible City of Coppell employees and retirees, in the amount of $78,249, as budgeted in the Self-funded Health Fund; and authorizing the City Manager to sign.
Summary
The City has an insurance policy for organ and tissue transplants separate from the medical plan design. The coverage is a fully insured policy to cover claims and certain related expenses to an organ or tissue transplant. The current provider is Tokio Marine - HCC, and the renewal was provided for consideration with no change to the cost or the plan design.
Fiscal Impact:
The fiscal impact of this agenda item is approximately $78,249, which reflects no change in the rates from the prior plan year, and it is budgeted in the Self-funded Health Fund.
Staff Recommendation:
Staff recommends accepting the renewal with Tokio Marine HCC, for Organ & Tissue Transplant coverage for eligible City of Coppell employees and retirees, in the amount of $78,249, as budgeted in the Self-funded Health Fund; and authorizing the City Manager to sign.
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