Stop Loss Insurance Administration

This contract concerns the procurement of stop‑loss insurance coverage for Washington County Public Schools. The agency evaluated bids for the Individual Stop‑Loss (ISL) component with a deductible of $700,000. Cigna Healthcare submitted a responsive bid offering an ISL rate of $41.29 per employee per month, resulting in an annual cost of $1,339,282, which is 17.20 % higher than the incumbent’s cost. BCS Insurance Company was non‑responsive and thus not awarded. The award status is “Awarded” to Cigna Healthcare. No additional contract terms, dates, or contact information are provided. • Scope: Individual Stop‑Loss Insurance coverage with $700K deductible. • Awarded Vendor: Cigna Healthcare (single‑award). • Financials: Annual cost $1,339,282; rate $41.29 PEPM. • Competition: Open bid process with at least two vendors; one responsive.