Stop Loss Coverage for Medical and Prescription Drug Benefits

Harlingen Consolidated Independent School District (HCISD) is seeking qualified insurance providers to furnish stop‑loss coverage for its medical and prescription‑drug benefit plans. The district requires a reinsurance arrangement that protects against high‑cost claims exceeding predetermined thresholds, ensuring fiscal stability for employee health benefits. Proposals must be submitted electronically by the deadline, and the district will evaluate based on coverage limits, cost, provider experience, and compliance with Texas procurement rules. • Scope: Provide stop‑loss insurance (reinsurance) for HCISD’s medical and prescription‑drug benefits. • Estimated contract value: $1,300,000. • Submission deadline: October 19, 2026, 2:00 PM (via https://hcisdbid.ionwave.net/Login.aspx). • Required documents: Full proposal specifications, proof of financial stability, relevant experience, and licensing. • Evaluation criteria: Coverage limits, premium cost, provider’s track record, and ability to meet Texas insurance regulations. • Contact: Sylvia Deleon, Purchasing Department (phone (956) 430‑9740, email [email protected]).