Title
Authorize the City Manager to finalize and execute an Amendment No. 2 to RFP No. 2020-080, Retiree Medicare Supplement Plan, with renewal rates for The Hartford/Express Scripts for Post 65 Retiree Medical and Prescription Drug Plan, effective January 1, 2025, to December 31, 2025, in an amount not to exceed $1,530,679.68.
Body
Name of Department
Human Resources
Project/Budgeted Amount
$1,530,679.68
Sum of Bid/Bid Amount
$1,530,679.68
The City of Mesquite provides a fully insured Group Medicare Supplemental Plan to its retirees over the age of 65. The City provides $68 per month contribution to retirees and $16 per month contribution to retiree spouses.
For calendar year 2025, Baybridge offered a renewal amount that is 2.86 percent greater than 2024.
Baybridge continues to offer the best options with the best rates as follows:
Hartford/Express Scripts
2024 2025
High Option: $450.29 $ 463.28
Low Option: $392.52 $ 402.62
Recommended/Desired Action
Authorize the City Manager to finalize and execute an Amendment to RFP No. 2020-080, Retiree Medicare Supplement Plan, with The Hartford/Express Scripts for Post 65 Retiree Medical and Prescription Drug Plan, effective January 1, 2025.
Drafter
Nick Domovich
Head of Department
Libby Craven