Resolution authorizing execution of a one-year agreement between the City of Bellevue and Premera Blue Cross, with the option to extend for one additional contract term, for medical and prescription drug third party administrative services.

Summary

The City of Bellevue is set to approve a one-year agreement with Premera Blue Cross to continue providing third-party administrative services for the city's employee medical and prescription drug benefit programs. This agreement, effective January 1, 2026, includes an option to extend through December 31, 2027. Premera Blue Cross was selected through a competitive bidding process and offers a large provider network, competitive pricing with a reduction in administrative fees by over 20 percent, accurate claims processing, and robust virtual care options. The estimated cost for these services over the two-year period is $1,620,000, plus applicable taxes, with sufficient funds available in the 2026 budget.

Citizen Impact

This agreement ensures continued medical and prescription drug benefits for city employees, with guaranteed rates for two years and enhanced virtual care services.

Confidence

high