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Resolution 80-16352 RESOLUTION NO. 80-16352 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE AWARD OF EMPLOYEES GROUP HOSPITALIZATION, MEDICAL, SURG- ICAL AND DENTAL BENEFITS, AND GROUP LIFE INSUR- ANCE COVERAGE FOR A THREE-YEAR PERIOD TO AETNA LIFE INSURANCE COMPANY, COMMENCING ON OCTOBER 1, 19 8 0. Gu--f u-7,�.:.4. Al d 1 tu -w(--c�.0 C� J,,‘. .•1t.,. WHEREAS, for the reasons more particularly set forth in Commission Memorandum No. 8394, the City Commission of the City of Miami Beach finds it in the best interest of the City to award a contract for all coverages hereinabove stated to Aetna Life Insurance Company for a three-year period commencing October 1, 1980; and WHEREAS, the award to Aetna Life Insurance Company is contingent upon full disclosure by Aetna to the City Commission on the effect of the Premium Stabilization Account on their bid; and WHEREAS, the City Commission recommends that the Adminis- tration be authorized to enter into negotiations for establishment of rates for dental coverage for retirants covered by Medicare; and WHEREAS , the results of such negotiations are to be pre- sented to the City Commission for future approval ; NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMM- ISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that all insurance coverages listed hereinabove be awarded to Aetna Life Insurance Company contingent upon full disclosure by Aetna to the City Commission on the affect of the Premium Stabilization Account on their bid. PASSED and ADOPTED this 6th day of August , 1980. a Ma • Attest: )7 City Clerk FORM APPROVED LEGAL DEPT. By_ \ Date BMS/el OFFICE OF THE CITY ATTORNEY - 1700 CONVENTION CENTER DRIVE -MIAMI BEACH, FLORIDA 33139 6.4 Naomi gieta E... FLORIDA 3 3 1 3 9 1* '"` "VACATIONLAND U. S. A." OFFICE OF THE CITY MANAGER CITY HALL HAROLD T.TOAL 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. g._3qV DATE: August 6. 1980 TO: Mayor Murray Meyerson and Members of the City Commission FROM: Harold T. Toal City Manager SUBJECT: BID AWARD NO. 50-80, EMPLOYEES GROUP HOSPITALIZATION, MEDICAL, SURGICAL AND DENTAL BENEFITS , AND GROUP LIFE INSURANCE COVERAGE FOR A THREE-YEAR PERIOD. BID AMOUNT AND FUNDING: $2 ,481, 114 .18, Estimated annual cost to be divided equally between employee and City contributions . Funds are available through budgeted City contributions and employee deductions . ADMINISTRATION RECOMMENDATION The Administration and the General Employees ' Pension Board recommend that all coverages be awarded to AETNA LIFE INSURANCE COMPANY contingent upon full disclosure by AETNA to the City Commission on the effect of the premium stabilization account on their bid. It is further recommended that the Administration be authorized to enter into negotiations for establish- ment of rates for dental coverage for retirants covered by Medicare, the result of the negotiations to be pre- sented to Commission for future approval . Attachment : CONSULTANT 'S REPORT �7 AGENDA S t_D ITEM J� DATE t] ORIGINAL ' , RESOLUTION NO. 80-16352 (Approving the award of Employees Group Insurance Hospitalization, Medical, Surgical and Dental benefits, and Group Life Ins. coverage for 32 yr.period to Aetna Life Ins. Co. ,commencing 8/1/80) t