Agenda

Return

C. 66

To:	Board of Supervisors
From:	Anna Roth, Health Services Director
Date:	December 15, 2020

Contra

Costa

County

Subject:

Contract #27-764-9 with Oliver Wyman Actuarial Consulting, Inc.

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 12/15/2020

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:	Sharron Mackey, 925-313-6104
cc:	K Cyr M Wilhelm

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: December 15, 2020
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

APPROVE and AUTHORIZE the Health Services Director, or designee, to execute on behalf of the County Contract #27-764-9, containing mutual indemnification, with Oliver Wyman Actuarial Consulting, Inc., a corporation, in an amount not to exceed $305,000, to provide actuarial services for Contra Costa Health Plan (CCHP), for the period December 1, 2020 through November 30, 2023.

FISCAL IMPACT:

This contract will result in budgeted expenditures of up to $305,000 and will be funded 100% by the CCHP Enterprise Fund II.

BACKGROUND:

The Health Services Department and CCHP are required by state and federal regulations to provide various certified actuarial documents in order to maintain its authorization to provide health care services to its members and recipients.

BACKGROUND: (CONT'D)

This contractor has an established record of providing actuarial expertise and the County has received services from this contractor since 2009. Most recently on December 11, 2018, the Board of Supervisors approved Contract #27-764-8 with Oliver Wyman Actuarial Consulting, Inc., for provision of actuarial services for CCHP for the period December 1, 2018 through November 30, 2020.

Approval of Contract #27-764-9 will allow the contractor to continue providing services through November 30, 2023. This contract includes mutual indemnification to hold harmless both parties for any claims arising out of the performance of this contract.

CONSEQUENCE OF NEGATIVE ACTION:

If this contract is not approved, CCHP will need to solicit and engage a new contractor leading to delays and potential failure to comply with state and federal regulations to provide various certified actuarial documents, and would not be able to set rates or offer services for Health Plan’s County Employee Plans A, B, A2, and Large Group members.