Term Contract for Stop Loss Insurance

The City of Garland is seeking a vendor to provide Stop Loss Insurance for its employees and retirees. The city currently has two medical choices for coverage through Blue Cross Blue Shield of Texas, and is looking for a vendor to provide quotes that match current benefits or offer better alternatives. The contract will be for an initial one-year term with four one-year renewal options. Vendors must provide an organizational chart, biography, and contact information for the proposed account manager and service team. The city requires that any proposer during the proposal process must agree to protect City of Garland employee information and must uphold the highest standards of security. • The city has approximately 2,241 subscribers, including 1,986 employees and 255 retirees. • The city is looking for a vendor to provide Stop Loss Insurance with a specific stop loss deductible, lifetime maximum, and annual maximum. • The city requires that the vendor provide a detailed implementation timetable, including an outline of the activities to be performed prior to the stated effective date. • The city is seeking a vendor that can provide a high level of customer service and support. • The city requires that the vendor provide a copy of their most recent annual report and the annual reports of their parent company, if applicable.