GENERAL NOTICE: Employee Stop-Loss Insurance

The Illinois Tollway is seeking a vendor to provide Employee Stop-Loss Insurance coverage, which is designed to protect the Tollway from high claim costs under the Employee Benefits Program. The coverage reimburses the Tollway for claims that exceed a specified threshold for an individual, effectively limiting exposure to large claims under the medical program. The contract term is for one year, from 03/01/2025 to 02/28/2026, and the estimated contract value is $1,195,889.00. • The contract was awarded to Wellpoint Life and Health Insurance Company. • The contract term is for one year, with an option for renewal. • The estimated contract value is $1,195,889.00. • The coverage is designed to protect the Tollway from high claim costs under the Employee Benefits Program. • The contract was procured through the Invitation for Bid Process.