The District is seeking an advisor to perform the full range of services related to the design, implementation, management, maintenance, communication and continuous improvement of its benefit programs. All services should be included as part of the Proposer’s consulting fee. The following areas represent the requirements for services to be performed. 1. Strategic Planning ꞏ Collaborate in defining and prioritizing strategic health plan objectives. ꞏ Conduct periodic strategic reviews to analyze progress against stated objectives. ꞏ Assist with the review and evaluation of the District’s benefit plan components, specifically in the area of plan design, funding, cost and administration. This will include a review of current and proposed plan features and rate structures. ꞏ Propose recommendations to include comparative alternatives, plan design changes, new products and compliance with all appropriate tax codes, as well as state and federal regulations governing benefit plans. ꞏ Provide benchmarking information regarding the costs, premiums, service fees, outcomes, loss ratios, and performance of the District’s benefit plans in relation to the marketplace. ꞏ Analyze claims experience for trends and anomalies and make recommendations for appropriate rate structures based on this analysis. ꞏ Provide projections of benefit trends for the next five (5) years and identify areas of potential concerns. ꞏ Provide industry and geographical comparative data for the purpose of attracting and retaining quality employees. ꞏ Recommend cost containment strategies and techniques on all employee benefits. ꞏ Provide monthly, quarterly and annual performance reports. ꞏ Assist in establishing funding and reserves for each plan year. ꞏ Attend meetings called by the District for such purposes of discussion, review and evaluation of District benefit plans. ꞏ Review current legal plan documents for benefit plans and advise on recommended changes...
