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  2. Finance Committee - Agenda - 2/2/2022 - P5

Finance Committee - Agenda - 2/2/2022 - P5

By dnadmin on Sun, 11/06/2022 - 21:39
Document Date
Fri, 01/28/2022 - 14:16
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/02/2022 - 00:00
Page Number
5
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__020220…

Additionally Alight offers advanced decision-support tools that are driven by real-time
employee specific data. These tools will provide cost-savings to the both the employee
and the City by modeling claims scenarios and premiums while also educating

employees.

After negotiation with Alight, they agreed to waive their original implementation fees
and lower the per-employee-per-month cost from $5.23 to $4.68. Although Alight is
not the low cost bidder, we believe their product's features and solutions provide the

best value for the City and our employees.

We respectfully request the committee’s approval on the implementation of the Alight
Benefits Administration Solution.

Funding would be from the Benefits Self Insurance at a not to exceed cost of $160,000.

Page Image
Finance Committee - Agenda - 2/2/2022 - P5

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