Orange County NC Website
` <br /> ANNUAL PARTICIPATION AGREEMENT <br /> RESOLUTION TO ADOPT THE |NTERbOCAL AGREEMENT AND T]JOIN THE <br /> NORTH CAROLINA ASSOCIATION OF COUNTY COMMISSIONERS <br /> HEALTH INSURANCE TRUST <br /> VVITNES8ETH: <br /> ' <br /> WHEREAS, the Member Group desires to provide to its employees insurance and other group benefits as authorized <br /> by G. S. 153A-92(d); and <br /> WHEREAS, the North Carolina Association of County Commissioners Health Insurance Trust, d.b.a. NCACC Group <br /> Benefits Pool ("the Pnpi^) has been established by counties pursuant to G. S. 153A-445(m)(1) and G. S. 16OA-460 through <br /> 16OA-464; and <br /> WHEREAS, it is desirable for the Member Group to join the Pool in order to provide a method of risk sharing for <br /> health-related claims of its employees; <br /> NOW, THEREFORE, BE IT RESOLVED that the Board of the Member Group hereby adopts the interlocal agreement <br /> entitled "Interlocal Agreement for a Group Self Insurance Fund for Health, Dental, Life and Disability Risk Sharing,' and <br /> thereby joins and agrees to participate in the Pool, which has been formed to create a group fund to pay and service the <br /> health-related claims of the employees of the counties and other local agencies joining the Pool. <br /> FURTHER, BE IT RESOLVED that the undersigned official of the Member Group is authorized to execute the <br /> Agreement to join the Pool. <br /> TERMS AND CONDITIONS <br /> 1. Agreement and Continuation of Coverage. The term of this Agreement is for one (1) year commencing on the <br /> medical benefit plan effective date, A Member Group's coverage will be automatically renewed on the anniversary <br /> date even though payment for this coverage may not have been received. This Continuation of Coverage will be on <br /> the same terms and conditions as the expiring coverage until and unless notified by the Member Group. Each <br /> renewal shall be subject to recalculation of contributions. <br /> 2. Applicable Coverages. This Agreement applies to those coverage limits, deductibles and exposures as stated in <br /> the Summary Plan Description or otherwise provided to the Member Group at renewal. <br /> 3. Contribution Determination. Contributions are based upon the number of employees and the number of <br /> dependents applied to a specific rate, which includes estimated claims liability and/or fees, combined to create a <br /> Member Group's total annual contribution, It is the responsibility of the Member Group to provide accurate exposure <br /> data within thirty(30)days of the first of each month. Should this not be done, it will be at the discretion of the Pool <br /> to adjust contributions accordingly. <br /> 4. Charges. Changes in rates, discounts and other charges will occur only on the Member Group's renewal date and <br /> will remain in effect for a twelve (12) month period. However, the Pool reserves the right to make contribution <br /> changes in the event of substantive changes in the governing laws or the underlying plan assumptions. It is the <br /> responsibility of the Pool to inform the Member Group sixty (60) days prior to the effective date of such off cycle <br /> 5. Contribution Collection. Contributions are due on or before the fifth (5 th)of each month. <br /> 6. Claims Administration. <br /> a. Claims Filing/Reporting. All claims must be reported to the Claims Administrator in order to receive <br /> reimbursement. It is the responsibility of the employees of the Member Group to report any eligible claims. <br /> Claims must be filed as outlined in the Summary Plan Description. <br /> If a claim is made or suit is brought against the Member Group, the Member Group shall immediately forward to <br /> the Pool every demand, notice, summons or other process received by the Member Group or its representative. <br />