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Town of Prosper·Texas

Stop Loss Coverage

Closes 11/2/2026$100k – $500kRequest for Proposal
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Description

The Town of Prosper is seeking sealed proposals from qualified insurers to provide stop‑loss coverage for its employee health plan. The RFP outlines the submission process, deadlines, and contact information for questions. Proposals must be emailed by the response deadline; late submissions will be rejected. This opportunity is suited for insurance carriers or brokers with experience in group health stop‑loss products. • Scope: Provide stop‑loss insurance (excess‑of‑loss) coverage for the town’s employee health plan. • Submission: Email sealed PDF proposals to [email protected]. • Deadline: Questions due 10/23/2026; final proposals due 11/02/2026 3:00 PM CT. • Contact: Cameron Dillion, Business Development, (813) 523‑2587, [email protected]. • Required documents: RFP details (downloadable PDF), proof of eligibility, pricing schedule, coverage terms. • Evaluation: Not detailed in the excerpt, but typical criteria include coverage limits, pricing, carrier financial strength, and service capabilities.

Attached files

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

Contact

Cameron Dillion(Business Development)

[email protected]

(813) 523-2587

Key dates

Opened
10/16/2026
Questions due
10/23/2026
Closes
11/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
2027-02-B

Budget estimate

$100,000 – $500,000

Based on typical municipal stop‑loss contracts for a town of Prosper’s size, the annual premium for the required coverage is likely in the low‑to‑mid six‑figure range. Assuming a multi‑year contract (e.g., three years) and including administrative fees, the total contract value could fall between $100,000 and $500,000. Factors influencing the final amount include the size of the employee pool, chosen attachment points, coverage limits, and the insurer’s pricing model.

AI estimate from the solicitation

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