HomeMy WebLinkAboutMINUTES - 12032013 - C.101RECOMMENDATION(S):
APPROVE and AUTHORIZE the County Treasurer to enter into a banking service agreement with the Mutual of
Omaha Bank for the sole purpose of depositing health insurance premiums and associated federal subsidies for
Covered California, the State Health Insurance Exchange, subject to approval of the final documents by County
Counsel and the County Treasurer.
FISCAL IMPACT:
The County is responsible for banking setup costs and service fees under the agreement, which will be fully paid by
the Contra Costa Health Plan.
BACKGROUND:
The Contra Costa Health Plan selected Softheon, Inc. to provide computer software and maintenance for its Qualified
Health Plans. Softheon, Inc. partners with Benaissance to handle the billing, receiving and processing of health
insurance premium payments and associated federal subsidy payments. Benaissance has maintained a long-term
business relationship with Mutual
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 12/03/2013 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I Supervisor
Candace Andersen, District II
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
Contact: Brice Bins,
925-957-2848
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board
of Supervisors on the date shown.
ATTESTED: December 3, 2013
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Chris Heck, Deputy
cc:
C.101
To:Board of Supervisors
From:Russell Watts, Treasurer-Tax Collector
Date:December 3, 2013
Contra
Costa
County
Subject:Banking Service Agreement with Mutual of Omaha Bank
BACKGROUND: (CONT'D)
of Omaha Bank for the deposit of payments it processes on behalf of Softheon. It would prefer to continue using the
Bank’s services as opposed to starting up a new relationship that will involve development time and costs.
Pursuant to the banking service agreement, Mutual of Omaha Bank will open a bank account in the County’s name,
which will be used for the sole purpose of depositing health insurance premiums and associated federal subsidies for
Covered California, the State Health Insurance Exchange. Mutual of Omaha Bank will provide internet cash
management access to the County to permit the account to be monitored and managed.
CONSEQUENCE OF NEGATIVE ACTION:
If the agreement is not authorized, the Contra Costa Health Plan may not be able to comply with the regulations of
Covered California in meeting certain deadlines for the arrangement of billing and receiving payments.
CHILDREN'S IMPACT STATEMENT:
Not applicable.