Broken Arrow City Council
Meeting of: January 6, 2026
Title:
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Approval of and authorization to execute Amendment No. 1 with Alliant Insurance Services, Inc. to amend the Consulting Services Agreement dated July 1, 2023, to be effective January 1, 2026
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Background:
In February of 2023, the City solicited proposals for respondents to provide Insurance Brokerage Services. Insurance Brokerage Services, or Consulting Services, is an important part of the employee benefits as they serve as the intermediary between the city and the insurers. Insurance brokers are responsible for ensuring the benefits, plans, deductibles, copays, renewals and options are the best and most effective for the city, and the employees. They provide expert guidance on all insurance matters and provide plan information support and request proposal on behalf of the city for all necessary insurance services.
After finalist reviews, the Insurance Advisory Committee unanimously voted to select Alliant Insurance Services, Inc. as our insurance broker/consultant for all health insurance needs for eligible city employees. Alliant has been providing core services for the following benefits since approval of their consulting agreement in 2023: medical benefit plans, pharmacy benefit plans, stop loss insurance, dental benefit plans, vision benefit plans, Employee Assistance Programs, life and accident insurance plans, disability insurance plans, administrative plans, wellness plans, voluntary benefits plans, near site clinic, ZeroCard, the diabetes management programs and any additional chronic condition programs.
As a partner, Alliant has agreed to reduce their monthly fee from $17.50 to $15.75 per employee per month for the calendar year of 2026. In addition, they have added a performance guarantee beginning in 2027, for services provided in 2026.
Cost: $15.75 PEPM, approximately $123,000 annually (based on plan participation)
Funding Source: Group Health and Life Operati...
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