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| June 29, 2023 - Regular School Board Meeting | ||
| Title C12 - Review & Approve the renewal of the District's third party adjusters, Johns Eastern Company | ||
| Description Three Year renewals... Workers' Compensation pricing is not increasing, and the Liability increase is in line with market value. This Renewal pricing will remain the same for the next three years. Claims above 231 will be billed proportionately. 2023-2024 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability, and property claims up to 35 claims $21,071 2024-2025 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability, and property claims up to 35 claims $21,071 2025-2026 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability, and property claims up to 35 claims $21,071 | ||
| Gap Analysis The District has a mandatory obligation to contract with a TPA to assist in the management of our self-insurance programs. JECO is a proven industry leader in providing expert claims adjusting and administration services. Their TPA services assist the District with workers' compensation claims, medical bill reviews, as well as major property and casualty claims. The District has utilized JECO's services since 2000. During this time, their pricing has stayed competitive. 2014-2015 220 Claims $85,098 2015-2016 220 Claims $87,651 2016-2017 220 Claims $87,651 2017-2018 220 Claims $87,651 2018-2019 220 Claims $87,651 2019-2020 220 Claims $92,638 2020-2021 220 Claims $92,638 2021-2022 220 Claims $92,638 2022-2023 220 Claims $92,638
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| Previous Outcomes It has been normal practice to negotiate pricing with JECO and present a three-year addendum to the original contract dated July 2000. This is our 13th extension with JECO. | ||
| Expected Outcomes The three-year extension is intended to provide the Clay County District Schools with the type claims management that is needed to maintain business as required by Florida laws & statutes while minimizing the district's exposure to losses. | ||
| Strategic Plan Goal The district ensures fiscal responsibility and equitable distribution of resources. | ||
| Recommendation To obtain the School Board's approval and acceptance of the Superintendent's recommendation of Johns Eastern Company's Service Contract for Multiple Lines Claims Handling, 3-year Third Party Adjuster renewal.
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| Contact Dr. Susan M. Legutko Assistant Superintendent for Business Affairs 284-6571 susan.legutko@myoneclay.net | ||
| Financial Impact $306,018 (total of 3-year agreement). Funded from Self Insurance Program * Year 1 = $102,006 * Year 2 = $102,006 * Year 3 = $102,006 | ||
| Review Comments | ||
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Attachments 230164 Johns Eastern Co.pdf |
