Laserfiche WebLink
6 <br />information regarding the applicable Carrier Contract that is reasonably necessary for the Participant <br />to understand its rights and obligations thereunder. <br /> <br />4.5 SC Service Fees. The SC shall be paid a service fee in consideration for services <br />rendered pursuant to this Agreement and any Carrier Contracts. The amount and source of such <br />service fee shall be established from time to time by the Provider and the SC and shall be <br />approved by the Board. Such service fee may include, but shall not be limited to, a percentage of <br />premiums collected from Participants for the payment of Group Employee Benefits, a fixed fee per <br />contract per month paid by each Participant, or such other arrangements approved from time to time <br />by the Board. At the time a Participant elects to participate in any of the Group Employee Benefits <br />made available by the Board, the Participant shall, by execution of this Agreement (or by the deemed <br />execution of this Agreement as provided in Section 9), be deemed to have acknowledged and agreed <br />to the amount of such service fee and the source of its payment, including any part thereof derived <br />from discounts, refunds, dividends, and similar revenues. Services fees payable with respect to Other <br />Financial and Risk Management Services shall be established and disclosed from time to time as <br />determined by the Board. Participants shall be given advance notice of any change in service <br />fees. <br /> <br />4.6 Use of SC Service Fees. The SC may use s ervice fees to provide programs and services <br />which are determined pursuant to Minn. Stat. Sec. 123A.21, Subd. 7 to be priority needs of the <br />particular region and to assist in meeting special needs which arise from fundamental constraints <br />upon individual members. <br /> <br />4.7 Service Providers. <br />4.7.1 Selection. The Participants hereby delegate to the Board the right to select the <br />Providers for Group Employee Benefits and Other Financial and Risk Management Services. <br />4.7.2 Governmental Unit Bidding and Contracting Laws. As applicable, the Board shall <br />comply with all state and federal laws relating to requests for proposals, review of proposals, <br />length of Group Contract rules, and other laws and regulations relating to contracting for Group <br />Employee Benefits and Other Financial and Risk Management Services. <br />4.7.3 Service Provider Rate Increases. The Board will annually review renewal <br />information as presented by Providers, make recommendations and determine if requests for <br />proposals are necessary. Rate renewals for group insurance will be determined on the basis of the <br />aggregate change of premiums. <br /> <br />4.8 Premiums and/or Contract Charges. To the extent not established by the applicable Carrier <br />Contract or in any other manner prescribed by this Agreement, premiums and/or contract charges shall <br />be determined by the Board in its discretion; provided, however, that in accordance with Section 6.5, <br />no retroactive assessment may be made without the consent of the affected Participants. <br />4.9 Advisory Committee(s). The Board may, but is not required to, appoint one or more <br />advisory committees. The purpose of any such committee may include, without limitation, the <br />receipt and processing of information relating to group employee benefits, and the future <br />direction of such benefits as well as other programs and services. The Board shall consider, but is <br />not required to adopt, advisory committee recommendations and proposals. Labor representation, <br />when appropriate, on any advisory committee formed by the Board shall be, insofar as is reasonably <br />possible, representative of the bargaining representatives of individuals covered in the relevant