Two insurance brokerage firms – one that bid slightly higher and one much lower – are asking Statesboro City Council to reconsider after it awarded the city’s employee insurance broker contract to a company requiring a fivefold increase in the monthly fee. Representatives of ShawHankins, which was awarded the contract, asserted that their company can save the city $1 million on its $2.95 million annual budgeted medical claims for its partially self-insured health care plan. That would dwarf the $52,000 increase in the brokerage fee for the year.
Other firms appeal citys choice of insurance broker
Winning bidder predicted $1M in savings