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2020-154 Resolution
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2020-154 Resolution
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Last modified
1/6/2021 3:51:13 PM
Creation date
1/6/2021 1:49:07 PM
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North Olmsted Legislation
Legislation Number
2020-154
Legislation Date
1/5/2021
Year
2021
Legislation Title
Sedgwick Contract
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€ <br />Contract Term: 01/01/2021 through 12/31/2023 <br />December 8, 2020 <br />`t;' t, P <br />We will provide claims handling at the following rates: <br />Workers' Compensation Claims Administration Annual_ Fee <br />Year One (1) — 01/01/2021 through 12/31/2021 $26,111.00 <br />Year Two (2) — 01/01/2022 through 12/31/2022 $26,896.00 <br />Year Three (3) — 01/01/2023 through 12/31/2023 $27,701.00 <br />Annual Fee: Our Annual Fee quotation is a guaranteed flat annual fee and applies to claims administration services <br />provided during the 12 -month contract term. Any additional administration beyond the initial 12 -month contract <br />term will be subject to an additional negotiated flat annual fee or other mutually agreed upon rate structure. If <br />there is a significant increase in claims volume, we may propose additional charges. If client agrees to such <br />additional charges, the fees will be adjusted accordingly, if client does not agree to such charges, we will have the <br />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 />Marlaved Care l=ees: <br />M ed a 'i.. (-,vie,av, <br />Detail Unit Fee <br />Fee Per Bill Per Bill $8.50 <br />Enhanced Audit Savings % of Savings 23% <br />PPO Network & Out of Network Savings % of Savings 23% <br />Fee Schedule Savings % of Fee Schedule 0% <br />
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