RFP 2026-025 Stop Loss Insurance

The University of Maine System is seeking responses to provide stop loss insurance for their self-insured medical and prescription drug program. The program currently has approximately 4,800 eligible employees and is seeking a provider to offer stop loss insurance with a specific deductible of $1,000,000. The selected respondent will be required to execute a contract in the form of a University of Maine System Master Agreement. • The stop loss insurance program should have a specific deductible of $1,000,000. • The program should have no aggregate coverage. • The selected respondent should have the expertise, licenses, and resources to provide stop loss services for the University's current and future operations. • The selected respondent should consistently maintain and allocate sufficient staffing resources to provide timely service. • The selected respondent should maintain staff that are qualified and available to provide specialized technical expertise in various disciplines as necessary.