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Bid Banana
Closed bids
Ohio
Insurance
2016 Stop Loss Coverage

Awarded contract·Cleveland Metroparks·Ohio

2016 Stop Loss Coverage

Won by Cigna +10 more$750kMultiple Award

Contract source

Awarded vendors

Cigna
Hce Life
HM Life
Medical Mutual OHI
Sun Life
Symetra Life
Voya
AIG
Guardian Life
Munich Re
SA Benefit Services LLC

Description

Click the “Link to bid” button below for more information.

Attached files

Key dates

Last updated

Details

Award type: Multiple Award
Procurement: Full and Open Competition
Industry: Insurance
NAICS: 5241
Solicitation №: 6128

Contract value

$750,000

Based on the contract description, it is difficult to estimate the exact value of the contract. However, the contract is for stop loss coverage, which can be a significant expense for employers. Assuming that the contract is for a large employer, such as Cleveland Metroparks, the value of the contract could be in the hundreds of thousands or even millions of dollars. A rough estimate of the contract value could be $500,000 to $1,000,000 per year, depending on the number of employees and the level of coverage provided.

AI estimate from the award documents

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