Third Party Administrative Services and Medical Stop Loss Insurance

This contract is for Third Party Administrative Services and Medical Stop Loss Insurance provided by Aetna Life Insurance Company to the Tampa International Airport. The contract has a term of 4 years, from August 1, 2022, to September 30, 2026, and has a renewal option. The scope of work includes providing stop loss insurance coverage to the airport's employees. The contract has a budget of $13,575,237. Key aspects of the contract include the provision of medical stop loss insurance, individual stop loss coverage, and aggregate stop loss coverage. The contract also includes provisions for indemnification, non-discrimination, and termination. • The contract is for a term of 4 years, with a renewal option. • The scope of work includes providing stop loss insurance coverage to the airport's employees. • The contract has a budget of $13,575,237. • The contract includes provisions for indemnification, non-discrimination, and termination. • The vendor is required to provide medical stop loss insurance, individual stop loss coverage, and aggregate stop loss coverage. • The contract has a renewal risk cap, which means that the premium increase will be capped at a specified percentage upon renewal.