Term Contract for Stop Loss Insurance

The City of Garland is seeking a qualified insurance carrier to provide a one‑year term Stop‑Loss Insurance program (with two optional one‑year renewals) covering its 2,162 active employees, 253 retirees, and 3 COBRA participants. The contract must match or improve upon current benefit designs and pricing, and the selected vendor will be responsible for underwriting, issuing policies, and supporting implementation ahead of the January 1, 2027 effective date. The RFP includes detailed plan designs, census data, and claims experience, and requires submission of organizational, financial, and implementation information. • Scope: Provide specific (no aggregate) stop‑loss coverage for employee and retiree populations. • Required deliverables: Premium quotes, coverage terms, implementation timetable, and ongoing service support. • Contract term: 1 year with up to two optional 1‑year renewals. • Effective date: 1/1/2027. • Evaluation criteria: Pricing, benefit alignment, carrier financial strength, implementation plan, and service team qualifications. • Submission deadline: 11/3/2026 (CT). • Questions due: 10/13/2026 (CT).