Stop Loss Insurance

The Waco Independent School District (Waco ISD) is soliciting proposals from qualified insurance vendors to provide a stop‑loss insurance policy covering the district’s self‑insured medical claims for the 2027 policy year. The contract will be for a one‑year term beginning January 1 2027, with an optional second‑year extension subject to a maximum rate increase. Vendors must submit a full suite of required forms (representations, certifications, conflict‑of‑interest questionnaire, W‑9, Form 1295, etc.) via the district’s e‑bidding portal by 2:00 PM CT on October 7 2026. Evaluation will be based on price, experience with Texas school districts, coordination ability with medical/pharmacy carriers, plan mirroring, claim reimbursement timeliness, and financial strength. The award is expected at the November 2026 Board meeting. • Provide a stop‑loss insurance policy covering all claims for the 2027 fiscal year (Jan 1 2027 – Dec 31 2027). • Optional second‑year renewal with a capped rate increase (no “new laser” for year 2). • Required documentation includes bid submittal sheet, insurance consultant’s required workbook, CIQ, Form 1295, W‑9, and other certifications. • Submission must be electronic only; no fax or email submissions accepted. • Evaluation criteria weighted (price 40 pts, experience 5 pts, quality 10 pts, etc.) totaling 100 pts. • Vendor must demonstrate financial strength, Texas school‑district experience, and ability to coordinate with medical/pharmacy carriers.