Group Health Insurance (Stop Loss Coverage)

The City of Edmond is seeking qualified insurance firms to provide aggregate and specific stop‑loss coverage for its self‑funded employee health plans for the calendar year 2027, with an option to renew annually based on performance. The contract will cover approximately 874 active employees and 34 retirees, requiring two‑tier pricing (Employee‑Only and Family) and adherence to specified deductible and aggregate limits. Proposals must be submitted electronically by November 16, 2026, and the City will evaluate based on cost, coverage design, and overall fit rather than lowest price alone. • Effective coverage period: 01 Jan 2027 – 31 Dec 2027 (potential annual renewal) • Required stop‑loss products: specific deductible options ($210k, $220k, $230k) and aggregate coverage with $1 M annual maximum • Pricing must be net of commissions; detailed fee schedule and historical claim data must be included • Mandatory insurance and licensing requirements for the contractor (general liability $1 M, workers’ comp, etc.) • Evaluation may include interviews; award anticipated December 2026.