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|June 4, 2020 Regular School Board Meeting|
C9 - Review & Approve the renewal of the District's third party adjusters, Johns Eastern Company
Three Year renewal of third party adjuster (TPA) for Workers Compensation and Liability for self-insured programs. Renewal pricing remains the same for the next three years. Claims above the 196 will be billed proportionately.
2020-2021 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability and property claims $11,703
2021-2022 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability and property claims $11,703
2022-2023 Workers Compensation Claims up to 196 claims $80,935 Automobile, general liability and property claims $11,703
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 at 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 and we have benefited from no cost increases since 2019-2020.
2014-2015 220 Claims $85,098
2015-2016 220 Claims $87,651
2016-2017 220 Claims $87,651
2017-2018 239 Claims $87,651
2018-2019 239 Claims $87,651
2019-2020 239 Claims $92,638
2020-2021 239 Claims $92,638
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 12th extension with JECO. Pricing has stayed reasonable for the services provided and we've experienced reasonable market increases over the course of our agreement.
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.
To obtain the School Board's approval and acceptance of the Superintendent's recommendation of Johns Eastern Company's, Addendum 12, 3-year Third Party Adjuster renewal.
Dr. Susan M. Legutko Assistant Superintendent for Business Affairs 284-6571 firstname.lastname@example.org
$277,914 (total of 3-year agreement). Funded from Self Insurance Program * Year 1 = $92,638 * Year 2 = $92,638 * Year 3 = $92,638
Clay County Schools_JECO -AD12.pdf