Stop Loss Coverage

The Town of Prosper is seeking proposals for Stop Loss Coverage, with an effective date of January 1, 2026. The current plan design should be matched, and the proposal should include coverage for $100,000 and $125,000, with and without Terminal Leave of Absence (TLO). The town has approximately 290 employees, and the current carrier is QBE. The proposal should include firm and final rates, and the decision to award the contract will be based on the best value to the town. Key aspects of the proposal include: • Stop Loss Coverage for approximately 290 employees • Matching current plan design • Coverage for $100,000 and $125,000, with and without TLO • Firm and final rates • Best value to the town will be the deciding factor for contract award