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Home My WebLink AboutVSP/HR/Contract Renewal vsp March 9, 2011 Ms. Barbara Lamb Director of Human Resources City of Carmel 1 Civic Square Carmel, IN 46032 -2584 Re: 2011 VSP Renewal Dear Barbara, VSP has reviewed your program and developed rates based on the experience of the overall plan utilization. Your Plan Term expires on May 1, 2011, and we are pleased to offer you another period of quality coverage at your current rates. From eyewear selection to provider locations, choice is important for your members. That's why I'm excited to let you know about VSP Open Access which gives members the flexibility to use their VSP benefits at any location, including specialty optical boutiques and retail chains. The Open Access out -of- network schedule is enhanced with increased reimbursement amounts is included with your renewal. VSP Open Access also makes it easy for members to choose the eyewear brands they want from the optical location that works best for their circumstances. Members will still have exclusive access to the VSP Network, the largest and best network of independent eyecare providers. To renew your contract, please have the enclosed Renewal Agreement signed and return it to VSP via scanned email or fax 317 686 -1140 by March 15, 2011. VSP will produce your renewal contract when we have received the Signed Renewal Agreement. Please review the new contract carefully, since some of the provisions may have changed from your prior contract. Additionally, please keep a copy of this letter and Renewal Agreement, given that they serve as your Notice of Renewal. We appreciate your business and we value our relationship with your organization. If you have any questions, please call me at 686 -1066, or via email at Linda. Stevens @vsp.com. Cordially, Linda Stevens Senior Account Executive LS /klm Enclosures cc: Keith Detrude, Shepherd Insurance Financial Services 101 West Ohio Street, Suite 875, Indianapolis, IN 46204 i P: 317.686.1066 800.223.4877 x2 1 F: 317.686.1140 1 vsp.com Renewal Agreement vsp City of Carmel 12013661 Review of Current Plan Rates Expiring April 30, 2011 current funding /eligible: 100% employer paid dependent coverage: children are covered from their date of birth until they reach age 26, regardless of student status frequency: exam and lenses once every 12 months, and a frame once every 24 months copays: $10 exam $25 materials (lenses and /or a frame or medically necessary contact lenses) vsp network benefits: $120 retail frame allowance $46 wholesale $120 elective contact lens allowance polycarbonate lenses for children; rimless for all monthly rates: $7.02 employee only $10.72 employee one dependent $19.22 employee family Renewal vsp network benefits: $150 retail frame allowance $57 wholesale $130 elective contact lens allowance Polycarbonate lenses, scratch protection, edge treatment and rimless mounting for all members monthly rates: $7.02 employee only $10.72 employee one dependent $19.22 employee family °rr -V n r d r 4c S-x1 a 3 c t:a r p i ,vi Schedule 2011 Open Access Out of v _y °Network Provider Schedule A k� A s*s, ti� e -,�r Eye Exam $35 $50 Lenses: Single Vision $25 $50 Lined Bifocal $40 $75 Lined Trifocal $55 $100 Lenticular $80 $125 Frame $45 $70 Elective Contact Lenses $105 $105 Rate and Funding Confirmation indicate if any change is needed in funding or dependent coverage definition. current funding /eligible: 100% employer paid dependent coverage: children are covered from their date of birth until they reach age 26, regardless of student status Two Year Renewal: May 1, 2011 through April 31, 2013 Monthly Rates: $7.02 employee only $10.72 employee one dependent $19.22 employee family To renew your contract and maintain continuous service, please select a plan option, sign and return the Renewal Agreement via fax at 317 686 -1140 by March 15, 2011. VSP will produce your renewal contract when we have received the Signed Renewal Agreement. Please review the new contract carefully, since some of the provisions may have changed from your prbr contract. Additionally. please keep a copy of this Renewal Agreement and accompanying letter, iven that they serve as your Notice of Renewal. If you should need communication materials to explain any new benefit levels or rates, please provide the signed renewal and allow a minimum of three weeks notice. Thank you for your consideration and support of VSP. By: ciS Title: Date: A 1.4- 3/9/11 VSP Confidential Proprietary LStklm VSP RENEWAL May 1, 2100 CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety cig /A&/// J� es Brainard, Presiding Officer Date 1 Mary Ann :,erk e, Board Member Date 4 1 1/4 0 /I I Lori Watso :oard Member Date ATTEST: Diana Cordray, IAMC, Clerk- Treasurer Date