INSURANCERECOMMENDED

Neosho City Council Agenda 2026-05-05

City Staff Recommend Renewing Health Broker Insurance Benefits Consultants

Anthem Health: $14 per employee per month and 10% ancillary for Allstate, Delta, and MASA; 15% for Mutual of OmahaCity of NeoshoINSURANCE BENEFITS CONSULTANTSMay 5, 2026

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Description

Insurance Benefits Consultants, the City's current health insurance broker through September 30, 2026, bid to continue providing services for the next three-year term with a $14 per-employee-per-month Anthem fee and ancillary commissions of 10% for Allstate, Delta, and MASA and 15% for Mutual of Omaha. Staff recommended renewal of the broker relationship beginning FY2027.

Contract Details

Contract Amount

Anthem Health: $14 per employee per month and 10% ancillary for Allstate, Delta, and MASA; 15% for Mutual of Omaha

Vendor

INSURANCE BENEFITS CONSULTANTS

Agency

City of Neosho, MO

Contract Type

INSURANCE

Document Date

May 5, 2026

Contract Term

Existing 3-year health insurance broker contract ending September 30, 2026; proposed new 3-year term beginning FY2027

Renewal Date

2026-09-30

Renewal Info

Existing three-year broker contract ends 2026-09-30; staff recommends awarding a new three-year contract beginning FY2027 under the stated fee and commission structure.

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