ITEM TITLE:
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Consider renewing coverage with Nationwide for group voluntary pet insurance coverage to eligible City of Lawton employees effective July 1, 2024.
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INITIATOR: Craig Akard, Human Resources Director
STAFF INFORMATION SOURCE: Craig Akard, Human Resources Director
BACKGROUND: The City of Lawton provides voluntary pet insurance coverage through Nationwide Pet Insurance. Nationwide's pet insurance is a reimbursement indemnity plan that reimburses members for a portion of eligible veterinary expenses related to accidents injuries and illnesses. Nationwide offers a wide variety of coverage plans. All of Nationwide’s plans are 100% employee paid. There is no actual contract with Nationwide as the contracts are between Nationwide and the employee. The City just provides the benefit for those that wish to have it and allows employees to utilize payroll deduction if available.
EXHIBIT: Original Nationwide Pet Insurance Proposal; renewal email from Nationwide
KEY ISSUES: Does the City of Lawton wish to allow employees to continue coverage with Nationwide for Pet Insurance Coverage
FUNDING SOURCE:
STAFF RECOMMENDED COUNCIL ACTION: Allow employees to continue coverage with Nationwide for Pet Insurance Coverage for eligible City of Lawton employees effective July 1, 2024.