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HomeMy WebLinkAbout16165 1 RESOLUTION NO. 16,165 2 3 A RESOLUTION TO AMEND LITTLE ROCK, ARK., RESOLUTION NO. 4 16,113 (SEPTEMBER 19, 2023), TO CORRECT, CLARIFY AND 5 AUTHORIZE THE CITY MANAGER TO ENTER INTO A CONTRACT 6 WITH SYMETRA FINANCIAL AS THE SELECTED PROVIDER FOR 7 HOSPITAL INDEMNITY INSURANCE PROVIDER FOR CITY 8 EMPLOYEES AND THEIR DEPENDENTS FOR THE PERIOD OF 9 JANUARY 1, 2024, TI DECEMBER 31, 2024; AND FOR OTHER 10 PURPOSES. 11 12 WHEREAS,Resolution No. 16133 (September 19,2023)authorized a contract with Transamerica for 13 Hospital Indemnity Insurance for the City of Little Rock employees and their dependents to include Basic 14 Life,AD&D,LTD,Critical Illness,Voluntary Life and Voluntary AD&D Coverage from January 1,2024, 15 to December 31,2024;and, 16 WHEREAS,this provider designation was in error,the correct provider selected after a market study 17 selection process was Symetra Financial; and, 18 WHEREAS,the City wishes to utilize the product offerings of Symentra Financial for these Hospital 19 Indemnity products;and, 20 WHEREAS, the voluntary benefits for City of Little Rock employees and their dependents and are 21 financed exclusively by the employees at their own expense. 22 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 23 OF LITTLE ROCK,ARKANSAS: 24 Section 1. The City Manager is authorized to approve an extension of the contract with Symentra 25 Financial for the period of January 1, 2024, to December 31, 2024, for Hospital Indemnity Insurance 26 products for City employees and their dependents. 27 Section 2. Funding for the voluntary benefits for City of Little Rock employees is solely at the expense 28 of the employee. 29 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 30 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 31 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 32 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 33 resolution. [Page 1 of 21 1 Section 4. Repealer.All laws, ordinances, resolutions, including but not limited to Little Rock, 2 Ark. Resolution No. 16,113 (September 19, 2023), or parts of the same, that are inconsistent with 3 the provisions of this resolution, are hereby repealed to the extent of such inconsistency. 4 PASSED: November 21,2023 5 AT ST: APPROVED: 6 ft *P4 -31.,i-ai.i ...,1/4 8 n ,City Clerk Frank Scott,Jr.,Mayon 9 APP' S ):�"S TO LEGAL FORM: 10 11 / h4mat 12 Thomas M. Carpenter,City Attorn! 13 // 14 II 15 // 16 // 17 // 18 // i 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 II (Page 2 of 21