County chooses new health care benefits consultant
By ADRIENNE WALLACE
Jul 12, 2017, 14:32
Prince George County entered an agreement with a new benefits consultant after receiving several responses to a request for proposals following the June 30 completion of a contract with Pierce Group Benefits.
At a recent Board of Supervisors meeting, supervisors voted unanimously to sign with Mark III, that Finance Director Betsy Drewry said offers a blend of desired services, data analysis and competitive pricing.
Mark III will asset the county with implementing strategies to manage health insurance and other benefits. Mark III says it will get information the county needs about health care reform and provide education to employees about those changes and timelines. The company will also evaluate vendors
Mark III agreed to a $25,000 cost for services, which will be paid directly from the county’s health insurance account.
The top three firms responding were interviewed, and the selection committee those Mark III after checking and receiving favorable references. The firm provides services to many government organizations with 19 clients in all. Some of those customers include Caroline County Schools, Carroll County government, Spotsylvania county and schools and Isle of Wight Schools, to name a few.
The consulting firm will evaluate vendors and make recommendations based on pricing, future stability rates, ease of administration, competitive plan designs and compliance with state and federal guidelines.
Mark III representative Mark Browder said the company has saved its clients hundreds of thousands of dollars.
“In 2015 -2016, we saved Forsyth County $500,000 in fixed cost for stop loss insurance,” Browder said. “City of Rocky Mount – for the 2013 -2014 plan year, eliminated $1,2000,000 of lasers applied stop-loss coverage.”
He said the firm helped others save anywhere form $70,000 to more than $100,000.
The county entered into a one-year contract with the option of three additional annual renewals.
Supervisor TJ Webb made the motion to approve, with a second from Vice Chairman Donald Hunter, and all agreed.