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CONF I DENT I A L │ PAGE 30
Joplin Schools RFQ – Group Benefit Broker/Consultants
can identify an appropriate scope of services. CBIZ would propose 2% of medical premiums, or a $7-$8 fee per
eligible employee per month. We would welcome the opportunity to discuss a mutually agreeable fee and/or
commission structure, and would provide performance guarantees for the District on our service.
3. The District expects full disclosure of ALL compensation received from any source resulting from being
named the broker of record. An annual report of all fees, commissions, bonuses, contingencies, overrides,
etc. on all insurance products is to be submitted annually to the Chief Financial Officer.
At CBIZ, we believe in 100% transparency of compensation. We will provide an annual (or as requested) report of
revenues received from working and/or serving the District's benefits brokerage and consulting partner. As part of
our engagement we would expect to negotiate a service and fee agreement which details the terms and conditions
under which we are compensated. As part of our standard scope of services, we provide an annual stewardship
report. The annual revenue summary in stewardship reports may serve to fulfill any accounting or reporting
requirements.
4. The District will NOT reimburse the broker for any expenses of any kind that are not fully disclosed and
approved for by the District prior to incurring such expenses. Specifically identify any such instance that
you, as the broker, may see this issue arise.
CBIZ cannot foresee any circumstance in which CBIZ would ask for reimbursement of any expenses without prior
consent from the District.
5. Provide an opinion on how to address the issue if your proposed commissions and fees are less or more
than that of the current broker’s commission being paid from March 1, 2018 until the plan renews on
October 1, 2018. The District will not modify their health rates to accommodate the differences.
CBIZ believes there are many opportunities to increase access to voluntary benefits for all employees, increase
communication, and reduce the employer administrative burden. By reinvesting voluntary benefit commissions into
a solution, services such as paperless enrollment, consolidated billing, ach/credit card billings are available to the
District at no additional cost. In the event there are any excess commissions after expenses, CBIZ reserves the right
to retain these dollars.
6. Identify typical “pass through” of fees that the District may experience, i.e., mass mailings, pre-approved
travel, phone lines, etc.
All additional fees are listed above. The proposal includes travel and expense fees for meetings in Joplin and
employee communication materials.