The City of Coppell
File #: 2023-7133    Version: 1 Name: Stop Loss
Type: Agenda Item Status: Passed
File created: 9/20/2023 In control: Human Resources
On agenda: 9/26/2023 Final action:
Title: Consider approval of a contract for Medical Stop Loss Insurance to Liberty Mutual Insurance Company through SA Benefit Services, in the amount of $428,173.20, as budgeted in FY 23-24; and authorizing the City Manager to sign any necessary documents.
Attachments: 1. Memo.pdf, 2. Renewal.pdf

Title

Consider approval of a contract for Medical Stop Loss Insurance to Liberty Mutual Insurance Company through SA Benefit Services, in the amount of $428,173.20, as budgeted in FY 23-24; and authorizing the City Manager to sign any necessary documents.

Summary

 

Fiscal Impact:

The fiscal impact of this agenda item is approximately $428,173.20, funded through the Self-funded Health Fund.

 

Staff Recommendation:

Staff recommends approval.

 

Strategic Pillar Icon:

 

Sustainable Government