This Solicitation opportunity from Texas was posted on October 16, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Stop Loss Coverage
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The Town of Prosper, through Holmes Murphy, issued RFP No. 2026-02-B to procure Stop Loss Coverage for its self-insured health plan covering approximately 290 employees. The solicitation sought proposals to match the current plan design with specific deductible options at $100,000 and $125,000 levels, both with and without a True Level Option. The procurement process emphasized best value, evaluating carriers based on cost competitiveness, risk structure, and financial stability, specifically noting the importance of a high carrier financial rating. Following a competitive bidding process, the contract was recommended for award to Evolution Risk, which provided a favorable option at a $150,000 deductible level and holds an A+ financial rating. The award is capped at a not-to-exceed amount of $900,000, which represents a cost saving against the FY26 budget of $952,000. The coverage is effective as of January 1, 2026, and is administered through the Town of Prosper Finance Department.
General Info
Agency
Place of Performance
TX, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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