47647B12-EF69-CBAE-3877E615229CE346.pdf
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- Attached to
- Site Security Cameras, LiDAR & Management System
- Solicitation number
- 2025-62-21
- Issued by
- Franklin County, Ohio
About this file
This is a Contract Modification #2 and Extension #1 document between the Franklin County Board of Commissioners and Metropolitan Life Insurance Company for the provision of employee benefits services. The contract extension covers the period from January 1, 2025, through December 31, 2026, representing a 24-month extension with no additional renewal periods remaining. The services include voluntary group short-term and long-term disability insurance, group legal services plan benefits, pet insurance, and optional identity theft insurance coverage. Pet insurance will be added as an entirely employee-paid benefit effective with this extension, while identity theft insurance may be added at the County's discretion at rates specified in the contract exhibits.
The total not-to-exceed amount for this extension is $185,000.00. The renewal rates for both long-term and short-term disability insurance reflect guaranteed pricing through December 31, 2026, with long-term disability rates decreasing by 1.1 percent and short-term disability rates decreasing by 4.2 percent from current rates. The group legal services plan participation fee for employee-paid benefits remains at $16.50 per month, while a new employer-paid participation fee of $8.25 per month has been added. Identity theft insurance rates, guaranteed for three years, are offered at multiple tiers ranging from $3.00 to $12.95 per employee per month depending on plan selection and funding source. The contract also includes alternative employer-paid short-term disability plan options with varying benefit structures and corresponding premium rates based on the 2021 and 2024 census data. The notice contact for MetLife has been updated to Charlie Cross, Senior Account Executive, located in Southfield, Michigan.
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Text version
CONTRACT MODIFICATION #2 AND EXTENSION #1
BETWEEN
FRANKLIN COUNTY BOARD OF COMMISSIONERS
AND
METROPOLITAN LIFE INSURANCE COMPANY
This Contract Modification #2 and Extension #1 (“Extension #1”) is entered into between Metropolitan Life
Insurance Company (“Contractor”), and the Board of Franklin County Commissioners, on behalf of the Franklin
County Cooperative Health Improvement Program (“County”). Contractor and County will be referred to herein as a
“Party” and collectively as the “Parties.”
WHEREAS, the Parties entered into a contract on January 18, 2022, under Resolution No. 0046-22, RFP #2020-06-35
(“Original Contract”) to provide voluntary group short and long-term disability insurance to members of the County;
and
WHEREAS, the Parties entered into a First Amendment to the Original Contract on December 18, 2023 under the authority of Resolution No. 0360-23 to add group legal services plan benefits as an additional plan available to
County employees to the Original Contract; and
WHEREAS, the Parties have agreed to extend the terms of the Original Contract for one (1) additional period of (24) twenty-four months, and to modify the Original Contract as set forth herein.
NOW, THEREFORE, in consideration of the mutual agreements, covenants, and provisions contained herein, the parties agree as follows:
I. Nothing in this Extension #1 will be deemed to modify, amend, alter, change, or supersede any of the terms or conditions contained in the Original Contract and any extension, modification, or amendment thereto, except as explicitly set forth herein.
II. The term of this Extension #1 shall be January 1, 2025 through December 31, 2026 (the “Extension Term”). .
There are no more extension periods remaining.
III. The total not to exceed amount for this Extension #1 shall be $185,000.00.
IV. Exhibit 1, Updated Pricing, to the Original Contract shall be deleted in its entirety and replaced with the attached Exhibit 1, Extension Pricing.
V. The notice contact for Contractor set forth in Section 10.06 of the Original Contract shall be deleted and replaced with the following:
Metropolitan Life Insurance Company
Attention: Charlie Cross, Senior Account Executive
Address: 300 Galleria, Suite 410
Southfield, MI 48034
Telephone: 636-328-4384
Email: ccross@metlife.com
VI. In accordance with the Original Contract and the Terms and Conditions, Declarations, and Statement of
Coverage (Exhibit A-B) of the First Amendment, the Participation Fee for employee paid group legal services plan benefits shall remain $16.50 per month during the Extension Term or as modified thereafter.
VII. In accordance with the Original Contract and the Terms and Conditions, Declarations, and Statement of
Coverage (Exhibit A-B) of the First Amendment, a Participation Fee for employer paid group legal services plan benefits shall be added to the First Amendment at a rate of $8.25 per month during the Extension Term or as modified thereafter.
Docusign Envelope ID: A6CB6C78-040A-4BB5-9C35-F06C7E9A4505
VIII. Pet Insurance shall be added as an offering under this Extension #1 for all benefits eligible employees in accordance with the terms of the MetLife Pet Group Direct Bill Notice of Responsibilities effective
December 1, 2024. This will be an entirely employee paid benefit, to be paid by employees directly to
Contractor. The County agrees and understands that the rates for pet insurance shall be determined by the specific plan selected by the employee.
IX. In the event that the County chooses to add Identity Theft insurance coverage as part of its offerings to benefits eligible employees at any time under this Extension #1, such coverage shall be provided by
Contractor at the rates set forth in Exhibit 2, hereto and appropriate statement of responsibilities to be agreed by the Parties.
X. Contractor will apply all policy discounts, where applicable, to Contractor’s rates for benefits eligible employees.
XI. All other terms and conditions of the Original Contract and all extensions and modifications thereto not expressly modified herein shall remain in full force and effect and remain legally binding upon the parties through the end of this extension period.
The parties have hereunto set their hands and seals or caused this Extension #1 to be executed by their duly authorized officers or agents this _______ day of _______________________, 2024.
Board of Franklin County Commissioners: Metropolitan Life Insurance Company:
By: By:
Kenneth N. Wilson, County Administrator Abby Nagher, Vice President
Date
APPROVED AS TO FORM: APPROVED AS TO FORM:
G. Gary Tyack Megan A. Perry-Balonier
Prosecuting Attorney Director, Purchasing Department
By: By:
Assistant Prosecuting Attorney
Date Date
X
11/13/2024
11/14/202411/15/2024
Exhibit 1
Extension Pricing
Voluntary Long Term Disability
Renewal Rates are Guaranteed from January 1, 2025 - December 31, 2026
Age Band
Participating Lives
(5/23/24 Census)
Covered Volume
Current Rates
(Per $100 Covered
Monthly Payroll)
Renewal Rates
(Per $100 Covered
Monthly Payroll)
Renewal Action
1/1/2025
Annual Premium
0-29 281 $1,400,174 $0.355 $0.351 -1.1% $58,975
30-39 604 $3,534,265 $0.423 $0.418 -1.1% $177,279
40-49 567 $3,446,666 $0.634 $0.627 -1.1% $259,327
50-59 544 $3,364,516 $0.646 $0.639 -1.1% $257,991
60-64 196 $1,119,834 $0.528 $0.522 -1.1% $70,146
65+ 119 $643,175 $0.386 $0.382 -1.1% $29,483
Voluntary Short Term Disability
Renewal Rates are Guaranteed from January 1, 2025 - December 31, 2026
Age Band
Participating Lives
Covered Volume
Current Rates
(Per $10 Covered Weekly
Benefit)
Renewal Rates
(Per $10 Covered Weekly
Benefit)
Renewal Action
1/1/2025
Annual Premium
0-29 376 $257,106 $0.295 $0.282 -4.2% $87,005
30-39 727 $563,801 $0.290 $0.278 -4.2% $188,084
40-49 682 $555,122 $0.330 $0.316 -4.2% $210,502
50-59 600 $481,319 $0.500 $0.479 -4.2% $276,662
60-64 187 $141,187 $0.657 $0.629 -4.2% $106,568
65+ 112 $80,292 $0.657 $0.629 -4.2% $60,605
Employer-Paid Short Term Disability - Alternative Plan Options
Rates are guaranteed from January 1, 2025 - December 31, 2026
Employer-Paid Short Term Disability (Matches Current Plan Unless Otherwise Stated)
Participating Lives (7/8/24
Census)
Covered Volume (10/25/21 Census)
Rates (Per $10 Covered Weekly Benefit)
Annual Premium (10/25/21
Census)
60% to $1,500 14/14/24 6,253 $5,163,388 $0.208 $989,323
60% to $1,500 7/14/25 6,253 $5,163,388 $0.226 $1,013,335
60% to $1,500 30/30/22 6,253 $5,163,388 $0.136 $686,763
66.67% to $1,500 14/14/24 6,253 $5,677,369 $0.219 $1,027,743
66.67% to $1,500 7/14/25 6,253 $5,677,369 $0.238 $1,051,756
66.67% to $1,500 30/30/22 6,253 $5,677,369 $0.143 $720,381
Franklin County - 1/1/2025 Disability Renewal
Exhibit 2
Identity Theft Plan Rates
Identity Theft Insurance
Rates are guaranteed for three years-Rates are shown as Per Employee Per Month
Program
Basic Plan- Individual
Basic Plan-Family Protection Plus-
Individual Protection Plus-Family
Voluntary $5.55 $9.95 $7.95 $12.95
Employer Paid $3.00 $4.50 $6.00 $7.85
| 2024-11-15T06:09:32-0800 | |
| Digitally verifiable PDF exported from www.docusign.com |
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