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Stop-Loss Reinsurance Provider

Active
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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This subcontract for a Stop-Loss Reinsurance Provider supports the Illinois State Toll Highway Authority by providing reinsurance coverage for employee benefits projects. The selected provider will offer treaty or facultative reinsurance agreements designed to reimburse prime insurance carriers for individual medical claims that exceed established thresholds, utilizing professional actuarial risk assessment tools and underwriting systems. The contract requires a licensed Reinsurance Company that adheres to all state solvency and capital requirements. The primary deliverables include the formal reinsurance treaty and the processing of claim reimbursements. Performance for this contract is centered in Downers Grove, Illinois, under NAICS code 524114.

General Info

Stop-loss reinsurance provider for Illinois State Toll Highway Authority employee benefit medical claims.

Place of Performance

Downers grove, IL, 60515, USA

Set-Aside

NONE

Documents

This scope was carved out of 26-557THA-FINAN-B-51084.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

26-557THA-FINAN-B-51084 | GENERAL NOTICE: Employee Stop-Loss Insurance

AI Contract Breakdown

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Timeline

Posted

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Organization & Contact Information

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AgencyIllinois → Insurance
ContactsNo contacts available
OfficeN/A
Organization / AgencyIllinois → Insurance
Office AddressN/A
ContactsNo contact information available

Full Description

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Supplies reinsurance coverage for prime insurance carriers on Illinois State Toll Highway Authority (ISTHA) employee benefits projects. Provides treaty or facultative reinsurance agreements to reimburse the prime carrier for individual medical claims exceeding specified thresholds. Utilizes actuarial risk assessment tools and reinsurance underwriting systems. Requires a licensed Reinsurance Company meeting state solvency and capital requirements. Delivers a reinsurance treaty and claim reimbursements.

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