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Total Administrative Services Corporation Flexible Spending Plan Fee Copyright 2014 City of Dubuque Consent Items # 25. ITEM TITLE: Total Administrative Services Corporation Flexible Spending Plan Fee Renewal SUMMARY: City Manager recommending approval of the administrative services fee proposed by Total Administrative Services Corporation for the flexible spending plan effective January 1 , 2016, through December 31 , 2016. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type ❑ Administrative Services Fee Renewal for Flexible Spending Plan-MVM City Manager Memo Memo ❑ Admin Services Fee Renewal Flex Spending Plan Staff Memo ❑ TASC Rates Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: November 29, 2015 Personnel Manager Randy Peck is recommending City Council approval of the administrative services fee proposed by Total Administrative Services Corporation for the flexible spending plan of $3.94 per month (up from $3.85 per month) per participating employee and the annual renewal fee of$307.00 (up from $300.00) effective January 1, 2016, through December 31, 2016. 1 concur with the recommendation and respectfully request Mayor and City Council approval. Micliael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Randy Peck, Personnel Manager THE CITYOF 'Dubuque, ► DtUB L Atl-Ame aaCiCity Masterpiece on the Mississippi 2007.2012.2013 TO: Michael C. Van Milligen, City Manari FROM: Randy Peck, Personnel Manag7er SUBJECT: Administrative Services Fee Renewal for the Flexible Spending Plan DATE: November 24, 2015 1 received the renewal rates from Total Administrative Services Corporation (TASC), our administrator for the flexible spending plan. Effective January 1, 2016 through December 31, 2016, their fee will increase from $3.85 per month per participating employee to $3.94 per month per participating employee. The annual renewal fee will increase from $300.00 to $307.00 The requested action is for the City Council to pass a motion approving the administrative services fee proposed by Total Administrative Services Corporation of $3.94 per month per participating employee and the annual renewal fee of $307.00 effective January 1, 2016, through December 31, 2016. RP:Imh Page 1 of 2 Gina Noel -Important update regarding your TASC Plan From: "TASC Customer Care" <tascservice@tasconline.com> To: <gnoel,tcityofdubuque.org> Date: 11/11/2015 12:32 PM Subject: Important update regarding your TASC Plan I - i Dear TASC Client: At TASC we continue to make significant investments in our infrastructure, systems, and team to provide more efficient service to you. We continue to improve and enhance our technology and service offerings to provide the best customer experience. We employ a full team of compliance experts and legislative analysts to stay ahead of regulatory changes that could affect your Plans. With the rate and severity of changes in recent Healthcare Reform, this is more crucial than ever. Obviously, providing these benefits comes at a cost and necessitates a fee increase to help offset them. When surveyed, our Customers have shared that they would prefer a regular annual increase versus larger increases every few years. We are happy to honor that preference. Each year TASC calculates its annual fee increase based on a three-year average of the Consumer Price Index (CPI), a figure calculated by the U.S. Bureau of Labor Statistics. This year's increase will be 2.1%. Here are your 2016 fees: TASC ID Plan Product Per Participant/ Minimum Annual Renewal Monthly Fee* Fee 4400-0479- City Of FlexSystem $3.94 / $659.58 $307.00 9060 Dubuque A Per Participant administrative fee or a Minimum Monthly administrative fee will apply to our Plans. I — Pp Y Y NOTE: Any additional fees associated with your Plans which normally appear as separate line items on your invoices are not listed above. Those fees are not subject to the annual CPI increase and remain i unchanged from the previous billing period. i Thank you for your continued business. Were committed to providing top-notch service and continued innovation. If you have any questions regarding our service offerings, please contact TASC at 1-800-422- 4001. Sincerely, i TASC Customer Care Page 2 of 2 Total Administrative Services Corporation (TASC) logo 2302 International Lane Madison, WI 53704-3140 Niwi v.tasconline.com You received this email because you are associated with TASC. To ensure that you continue to receive important notifications such as this, please add this address (tascservice@tasconline.com) and our domain (@tasconline.com) to your list of contacts or approved senders. Click here to unsubscribe from future TASC email notifications. Click here to report this email as spam.