RFP 25-2324 MEDICAL STOP LOSS SERVICES

Chesapeake Public Schools issued RFP #25‑2324 to obtain Medical Stop‑Loss insurance coverage for its employee health plans. After a competitive process, the district awarded the contract to Sun Life Assurance Company of Canada on January 30 2024. The agreement provides financial protection against high‑cost medical claims, transferring catastrophic risk from the school system to the insurer. The award notice does not disclose contract value, performance period, or detailed service specifications, which would be contained in the underlying contract documents. • Agency: Chesapeake Public Schools (Virginia) – Department of Purchasing. • Vendor: Sun Life Assurance Company of Canada, a U.S.‑based subsidiary located in Wellesley Hills, MA. • Scope: Provision of medical stop‑loss insurance services for the district’s employee health benefits. • Procurement method: Competitive RFP (full and open competition). • No financial, term, or renewal details are included in the award letter.