Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an Agreement with Paytient Technologies, Inc., to offer a new voluntary benefit that provides eligible employees with a line of credit for out-of-pocket medical expenses through payroll deductions, at an annual cost not to exceed $150,000, subject to sufficient funds being appropriated in future fiscal years. [Div. of Human Resources, George]
Summary
Authorization to execute an Agreement with Paytient Technologies, Inc. to offer a new voluntary benefit that provides eligible employees with a line of credit for out-of-pocket medical expenses, repaid through payroll deductions. The annual cost will not exceed $150,000. Funds are Budgeted. (L0583-26) (George/Hamilton)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: Yes, Completed by Gabriel Thatcher, June 5, 2026
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: Yes
Account Number: 6002-160504-1841-63612
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:$ 8,247,272.04
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute the Agreement, which is attached hereto and incorporated herein by reference, with Paytient Technologies, Inc., to offer a new voluntary benefit that provides eligible employees with a line of credit for out-of-pocket medical expenses through payroll deductions.
Section 2 - That an amount, not to exceed the sum of $150,000.00, be and hereby is approved for payment to Paytient Technologies, Inc., from account # 6002 - 160504 - 1841 - 63612, pursuant to the terms of the Agreement, and subject to sufficient funds being appropriated for future fiscal years.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
_________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0583-26:GET:4917-5547-6920, v. 1