The City of Olathe issued a Request for Proposals (RFP) for fully insured vision insurance, and after evaluating the proposals, Surency Vision was recommended for a 3-year contract with an option for a 2-year renewal. The contract has a 5-year rate guarantee, which is 7% less than the current rates. The annual cost is $358,050, resulting in a savings of $26,962 per year. The scope of work includes providing vision insurance for the City of Olathe benefit plan. Key features of the plan include a comprehensive benefit plan with a robust vision provider network and the least disruption for coverage.
• The contract has a 3-year term with an option for a 2-year renewal
• The annual cost is $358,050, resulting in a savings of $26,962 per year
• The plan includes a comprehensive benefit plan with a robust vision provider network
• The contract has a 5-year rate guarantee, which is 7% less than the current rates