Stop-Loss Reinsurance Provider
Contract Overview
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AI Contract Overview
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
Agency
Place of Performance
Downers grove, IL, 60515, USASet-Aside
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.
26-557THA-FINAN-B-51084 | GENERAL NOTICE: Employee Stop-Loss Insurance
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