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2011-391 HR -Mark III for consulting and brokerage services
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2011-391 HR -Mark III for consulting and brokerage services
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Last modified
11/30/2016 10:39:40 AM
Creation date
1/25/2012 4:50:28 PM
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BOCC
Date
1/25/2012
Meeting Type
Work Session
Document Type
Contract
Agenda Item
Mgr Signed
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#3 <br /> 14 <br /> Contract for Consulting & Brokerage Services <br /> Between Orange County and Mark III Brokerage, Inc. <br /> THIS AGREEMENT made the 1st of January, 2012 between Orange County, a political <br /> subdivision of the State of North Carolina whose primary address is at 200 S. Cameron <br /> St, Hillsborough, NC 27278 and Mark III Brokerage, Inc., a North Carolina Corporation <br /> whose business address is 211 Greenwich Road, Charlotte, North Carolina 28211. <br /> Orange County has agreed to contract with Mark III Brokerage as the consultant for the <br /> Health Insurance and broker for all core and voluntary products effective January 1, <br /> 2012 to December 31, 2013. Thereafter,the contract is renewable on an annual basis. <br /> Responsibilities of Mark III Brokeraee: <br /> 1. Mark III Brokerage will act as the consultant for medical plan for Orange County. <br /> 2. Mark III's responsibilities include: <br /> Below are the services and cost for our medical plan consulting: <br /> Medical Plan Marketing and Evaluation Services- Mark III has the expertise to <br /> market and evaluate the medical plan. We will perform the following functions: <br /> a. Specification Preparation <br /> With the guidance and assistance from Orange County, Mark III will <br /> prepare specifications that give the carriers/vendors an accurate <br /> assessment of your existing health insurance; including census, claims <br /> activity, current plan design, and requested plan designs. The <br /> specifications outline your concerns and goals. <br /> b. Marketing the Specifications <br /> Mark III will contact the qualified carriers and vendors to determine their <br /> interest in evaluating your medical plan. Carriers/vendors that express <br /> an interest are sent the specifications to obtain a response. Mark III is <br /> responsible for gathering the responses from the qualified <br /> carriers/vendors. <br /> c. Evaluate the Responses <br /> 1 <br />
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