Salt Lake County is seeking comprehensive reinsurance coverage for its employee and retiree health insurance plans. The contract will be awarded to one insurer, able to work with County's two medical insurance carriers. The purpose of soliciting proposals is to ensure that the administrative fees, overall costs, and benefits offered to the County are as competitive as possible for the services provided. The key aspects of the contract include:
• The contract is for comprehensive reinsurance coverage for employee and retiree health insurance plans.
• The contract will be awarded to one insurer.
• The insurer must be able to work with County's two medical insurance carriers.
• The purpose of soliciting proposals is to ensure competitive administrative fees, overall costs, and benefits.
• The contract is expected to start on January 1, 2025.