The City of Coppell
File #: 2025-8240    Version: 1 Name: Stop Loss Insurance - Liberty Mutual
Type: Agenda Item Status: Consent Agenda
File created: 8/28/2025 In control: Human Resources
On agenda: 9/9/2025 Final action:
Title: Consider approval of renewing with Liberty Mutual Insurance Company through SA Benefit Services for medical stop loss insurance, in the amount of $495,338, as budgeted in the Self-funded Health Fund; and authorizing the City Manager to sign.
Attachments: 1. Stop Loss Insurance Renewal Memo.pdf, 2. SA Benefits Liberty Mutual Stop Loss Proposal 25-26.pdf
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Title

Consider approval of renewing with Liberty Mutual Insurance Company through SA Benefit Services for medical stop loss insurance, in the amount of $495,338, as budgeted in the Self-funded Health Fund; and authorizing the City Manager to sign.

 

Summary

 

Fiscal Impact:

The premium cost for renewing with Liberty Mutual for stop loss insurance for the 2025-2026 benefit plan year will be $495,338. This represents an increase of $14,987, or 3.2% This is budgeted in the fiscal year 2026 Self-funded Health Fund budget.

 

Staff Recommendation:

Staff recommends approval of renewing with Liberty Mutual Insurance Company through SA Benefit Services for medical stop loss insurance, in the amount of $495,338, as budgeted in the Self-funded Health Fund; and authorizing the City Manager to sign.

 

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