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  5. ›FY 2027 - Medical Stop Loss Insurance

Massachusetts Town of Canton·Massachusetts

FY 2027 - Medical Stop Loss Insurance

Closes 6/5/2026$100k – $500kRequest for Proposal
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Description

The Town of Canton is requesting proposals for medical stop-loss coverage for two health insurance plans with Blue Cross Blue Shield of Massachusetts for the plan year July 1, 2026, to June 30, 2027. The proposal can be obtained by emailing the contact person. The town is looking for a provider to offer medical stop-loss insurance to cover unexpected medical expenses. • The contract is for a period of one year, from July 1, 2026, to June 30, 2027. • The proposal should include the provider's experience in offering medical stop-loss insurance. • The town is looking for a provider that can offer competitive pricing and excellent customer service. • The proposal should include the provider's plan for managing and administering the medical stop-loss insurance. • The town reserves the right to reject any or all proposals and to negotiate the terms of the contract with the selected provider.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

William Scollins(Finance Director)

[email protected]

(781) 575-6612

Key dates

Opened
5/12/2026
Closes
6/5/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524114
Solicitation №
BD-26-1251-CANEX-EXEC-129286

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate, as the document does not provide a clear indication of the contract value. However, based on the fact that the town is looking for medical stop-loss insurance for two health plans, it is likely that the contract value will be in the range of $100,000 to $500,000. This estimate is based on industry standards for medical stop-loss insurance premiums. The actual budget will depend on the provider's pricing, the town's insurance needs, and the level of competition in the bidding process.

AI estimate from the solicitation

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