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  2. Finance Committee - Agenda - 2/2/2022 - P17

Finance Committee - Agenda - 2/2/2022 - P17

By dnadmin on Sun, 11/06/2022 - 21:40
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
17
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__020220…

alight

Summary and Pricing - Benefits Administration Solution

Per employee per month (PEPM) fees calculated based on 2,776 active employees on the software

Recommended Strategy Standard Fees
Benefit Delivery Platform & Website

e Initial and ongoing configuration of all benefit plans, rates, rules, etc. &

testing
¢ 1Custom Payroll File & up to 8 Custom Carrier/Vendor Files
o Additionat Files or Custom Reports = $1,000 per File

e fntelligent Virtual Assistant (IVA), Lisa

e $0.30 PEPM per language for ongoing site translation

e Total Compensation Statements

e Advanced Decision Support

Integrated Mobile Experience
e Personalized Mobile App & Dashboard
e Upto 711 informational tiles
e Standard Refresh Schedule for Data imports by Category Type:
o Retirement and FSA - Monthly or Bi-weekly Updates
o Paid Time Off and Pay Amount - Per Pay Period Updates
o Health Plan ID - Quarterly Updates
$150 per additional data import date
e = Personalized alerts and messages
e Optional SSO integration to 3% party sites priced separately

. oe + ge Implementation Fee:
Alight Digital Navigation

; . . . $14,518.48
e Embedded Digital Navigation to find high-quality, cost-effective care
+
ACA Compliance Tool
e Ongoing hours and eligibility monitoring -$0.50 PEPM for non-eligible $5.23 PEPM

employees

e Custom portal with location-level reporting

e Notice of Coverage Options & Annual 1095-C Reporting (Optional Print
and Fulfillment)

e Client Data Corrections & Acquisition Integration

e Historical Data Uptoad: $0.50 per employee for each month of data

e Delivery of notices & 1095-C: $2.00 per mailing + postage

e Manual update of corrected data: $150 per hour (client must sign off
on Statement of Work)

Assumes a 3- year agreement

Year-Round Call Center Support
® System technical support
e Answers to general benefit questions
e = Enrollment assistance for annual, new hire & life events
e Assumes S$ 25% enrollment utilization during AE

11

Page Image
Finance Committee - Agenda - 2/2/2022 - P17

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