Stop Loss Coverage

The Cleveland Metroparks is seeking a vendor to provide stop loss insurance coverage. The goal is to purchase medical/Rx stop-loss insurance coverage at the maximum end-use value per dollar spent. The vendor should provide coverage options, including specific and aggregate deductibles, contract basis, and covered expenses. The proposal should include rate cap options and no new laser options. The vendor will be selected based on their ability to provide fair and unbiased treatment to all vendors and suppliers. Key points to consider: • Coverage: Specific & Aggregate • Specific Deductible: $175,000, $200,000, and $225,000 • Contract Basis: 24/12 and 15/12 options • Covered Expenses: Medical/Rx for Specific & Aggregate • 125% Aggregate attachment point