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2019-092 Resolution
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2019-092 Resolution
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Last modified
12/23/2019 3:28:44 PM
Creation date
12/23/2019 1:08:14 PM
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North Olmsted Legislation
Legislation Number
2019-092
Legislation Date
11/19/2019
Year
2019
Legislation Title
Sedgwick Contract
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Renewal Fee Proposal for City of North Olmsted <br />Contract Term: 01/01/2020 through 12/31/2020 <br />September 25, 2019 <br />Claims Services <br />We will provide claims handling at the following rates: <br />Annual Fee <br />Line of Business Annual Fee <br />Self -Insured <br />Workers' Compensation <br />$25,350.00 <br />(Paid Quarterly @ $6,337.50) <br />Annual Fee: Our Annual Fee quotation is a guaranteed flat annual fee and applies to claims administration <br />services provided during the 12 -month contract term. Any additional administration beyond the initial 12 -month <br />contract term will be subject to an additional negotiated flat annual fee or other mutually agreed upon rate <br />structure. If there is a significant increase in claims volume, we may propose additional charges. If client agrees to <br />such additional charges, the fees will be adjusted accordingly. If client does not agree to such charges, we will <br />have the right to terminate services on 60 days' notice. <br />Services of the Account Executive, along with phone claim reviews, are provided at no additional charge. <br />Managed Care Fees: <br />Medical Bill Review <br />Workers' Compensation, and Auto Liability PIP Claims <br />Detail <br />Unit Fee <br />Fee Per Bill —All States <br />Per Bill <br />$9.99 <br />State EDI Reporting in Required States <br />Per Bill <br />Add $1.45 <br />Enhanced Audit Savings <br />% of Savings <br />30% <br />PPO Network & Out of Network Savings <br />% of Savings <br />30% <br />Fee Schedule Savings <br />% of Fee Schedule <br />0% <br />Sedgwick Copyrght©2019 The l nformauon contained herein isconfidentol and proprietary to St ick. It is being provided in ordertos'low <br />e.aluat'vn of Ode sk's servos nd �pah as. <br />Noth,ing corrtiriherain should be disclosed to a third party without the onor consent of Sedgwick. <br />
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