United City of Yorkville Request for Proposals: Employee Benefits Consulting Services

The United City of Yorkville is seeking proposals for a broad range of benefit consulting services relating to employee and retiree benefits. The consultant will be expected to respond effectively to issues and concerns as they arise throughout the course of the agreement, and to assist in providing creative solutions and approaches to problems, by acting proactively to improve the City’s employee benefits program while trying to reduce the costs of the benefits. The City currently offers various benefits, including health insurance, vision insurance, dental insurance, life insurance, and a Section 125 plan. The consultant will provide services such as serving as the benefits consultant, reviewing existing benefit plans, negotiating with insurance carriers, and assisting in the evaluation of the City’s third-party administrator. Some key responsibilities include: • Serving as the benefits consultant and assisting the City in meeting its contractual obligations with its unions • Reviewing existing benefit plans, policies, data, and other records as they pertain to employee benefits • Negotiating with the insurance carriers all financial aspects of the insurance being provided to the City • Assisting in the evaluation of the City’s third-party administrator for its Section 125 plan and Section 105 plan • Providing analysis of claims data, identifying trends, and communicating areas of concern • Assisting in revising plan documents and alerting City staff to changes in applicable laws or regulations • Assisting in the design/development/administration of comprehensive wellness activities geared toward improving employee health and controlling costs • Assisting in education and communications with employees regarding benefits developments as needed • Providing consultation and advice to Administration and Finance staff as needed • Providing other related services as determined to be appropriate