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Approving Contract Agreement with Presbyterian Health Plan, Inc. for Group Medical Insurance
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The Water Authority Human Resources department is requesting approval to enter into an agreement with Presbyterian Health Plan, Inc. (Presbyterian) pursuant to the City of Albuquerque CCN number 201800907 and RFP number P2018000004, to provide medical benefits to employees through the issuance of a purchase order.
If approved by the Board, a purchase order will be issued by the Water Authority to enable the recommended medical insurance provider, Presbyterian, to provide medical benefits to employees.
By entering into this agreement, the Water Authority will be able to provide group medical insurance to Water Authority employees and their dependent The City of Albuquerque agreement may be extended for up to five additional one-year periods.
FISCAL IMPACT:
$7,200,000 excluding NM GRT for FY19, for which appropriations have already been made in the FY19 Operating Budget.