Title
Adopt a resolution to approve and authorize the County Purchasing Agent to execute a Standard Agreement with Pacific Secured Equities, Inc. dba Intercare Holdings Insurance Services, Inc. for Workers’ Compensation and General Liability Third Party Administration services for the period of July 1, 2026 through June 30, 2029, in an amount not to exceed $5,054,970.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Adopt a resolution to approve and authorize the County Purchasing Agent to execute a Standard Agreement with Pacific Secured Equities, Inc. dba Intercare Holdings Insurance Services, Inc. for Workers’ Compensation and General Liability Third Party Administration services for the period of July 1, 2026 through June 30, 2029, in an amount not to exceed $5,054,970.
SUMMARY/DISCUSSION:
The County utilizes Third Party Administration (TPA) services to administer its Workers' Compensation and General Liability claims programs. These services include claims intake, investigation, claims management, regulatory reporting, litigation coordination, and related risk management support services. Staff recommends approval of a three-year agreement with Pacific Secured Equities, Inc. dba Intercare Holdings Insurance Services, Inc. (Intercare) to continue providing these services from July 1, 2026 through June 30, 2029 , in an amount not to exceed $5,054,969.53.
The agreement provides a comprehensive and cost-effective structure that supports efficient claims handling, timely administration of benefits, and continued compliance with state and federal regulatory requirements. Approval will allow County Counsel and Risk Management to finalize the agreements consistent with the attached fee schedules, performance standards, and service assumptions.
Workers’ Compensation Program (TPA & Managed Care)
Fixed Annual Claims Administration Fees (WC):
Year 1 (7/1/2026-6/30/2027): $1,451,591.41 (Monthly: $120,965.95)
Year 2 (7/1/2027-6/30/2028)...
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