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  5. ›RQ6836: Stop Loss Coverage

Awarded contract·Cuyahoga County·Ohio

RQ6836: Stop Loss Coverage

$1MSingle Award
Contract source

Description

This solicitation seeks a vendor to provide stop‑loss insurance coverage for Cuyahoga County’s employee health‑benefit plan for the calendar year 2022. The County will accept proposals submitted either as a hard‑copy sealed envelope or electronically through the Supplier Portal, with the deadline of August 23, 2021 at 11:00 a.m. Eligibility is limited to “Plan Holders of Record” who receive the full RFP package from the Department of Purchasing. A pre‑proposal telephone conference was held on August 3, 2021 to answer questions. The County’s purchasing office (Catherine H. Tkachyk, Interim Director) serves as the point of contact for obtaining the full specifications. No budget or contract value is disclosed in the notice. • Scope: Provide stop‑loss coverage for employee health‑benefit plan (2022). • Submission: Hard‑copy or electronic via Supplier Portal; deadline August 23, 2021 11:00 a.m. • Eligibility: Must be on the official “Plan Holders of Record” list; otherwise proposals may be rejected. • Contact: (216) 443‑7200, Catherine H. Tkachyk, Interim Director, Department of Purchasing.

Attached files

Key dates

Bids closed
8/23/2021

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524126
Solicitation №
1391

Contract value

$1,000,000

The notice does not disclose a contract value. Stop‑loss coverage for a county employee population of roughly 30,000–40,000 lives typically ranges from several hundred thousand to a few million dollars annually, depending on the attachment point and expected claim experience. Assuming a moderate attachment point and average claim severity, a reasonable ballpark for this county‑wide 2022 coverage would be between $800,000 and $1,200,000. This estimate accounts for the size of the workforce, typical stop‑loss premium rates (approximately $20‑$30 per employee per month), and the one‑year coverage term.

AI estimate from the award documents

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