According to this article, paid claims for the prior year were $35 million and low bidder came in at $27 million. Consultant/insurance agent recommended low bid for a “savings” of $8 million. Does a rental PPO network out perform the Blue Cross network? Is district’s insurance consultant acting as an insurance agent, fee based consultant, or both? http://esbstaff.lpssonline.com/attachments/3da8b4cd-d8ce-4dbb-aadd-4bda2b6c081c.pdf
Sometimes a second opinion can be important [ City of Lewisville – http://blog.riskmanagers.us/?p=12968, Edgewood ISD – http://blog.riskmanagers.us/?p=14796]
Continue reading RFP Process Under Fire – Insurance Consultant or Insurance Agent, or Both? Who Is KBA?
Forty-five percent of employers have implemented or plan to consider using a private exchange for their full-time active employees before 2018, according to a new employer survey conducted by the Private Exchange Evaluation Collaborative (PEEC).