Summary
Health insurance brokerage service. The Broker must: Assist and manage the budget planning process, including examining and evaluating the impact of expected rate changes. Provide the central administration with reasonable preliminary renewal figures during the budget process. Responsible for negotiating annual renewal of existing coverage. This includes a review of the New Jersey State Health Benefits Plan as may be applicable from time to time. Provide cost projections for the alternative design of current health benefit programs. Prepare all necessary bid specifications, in the event the coverage is marketed, and evaluate all bids that are received. Assist the District in evaluating and settling employee grievances related to health benefit issues. Provide updates and regulatory bulletins related to potential legislative changes and regulations affecting the Board of Education. Be available to attend Board of Education meetings, committee meetings, and budget and negotiation meetings, whenever necessary. Assist the Business Administrator/Board Secretary with required employee presentations. Broker must provide assistance with open enrollment, new hire meetings, and other employee education and support services, including employee wellness programs. Broker is expected to provide web-based initiatives to supplement employee education and support services. Provides management of COBRA continuation of health care benefit programs.