Stop Loss Coverage for Self Funded Health Plan

Description: The City is seeking stop-loss coverage only for its self-insured health plan, effective January 1, 2027, including 24/12 medical and Rx coverage, $250,000 and $275,000 specific stop-loss options, and aggregate coverage with a 125% corridor. The plan covers approximately 747 employees and 265 retirees, with Medicare-eligible retirees excluded from stop-loss coverage; census, claims reports, benefit summaries, and the current stop-loss policy are available upon request. The City is advertising the opportunity for Brown and Brown Public Sector, and proposals are to be submitted to the broker by October 21, 2026 at 5:00 p.m.; evaluation considers proposed rates, terms and conditions, and questionnaire responses.