Washoe County Cobblestone #73806-9

Washoe County Employee and Retiree Health Insurance

The government buyer, Washoe County, Nevada, awarded several contracts to Reliastar Life Insurance Company, a member of Voya, for various health insurance and reinsurance services. These include reinsurance coverage for self-funded employee and retiree health insurance programs, excess risk insurance policies, and administrative agreements. The contracts cover products such as group life, accident, disability, critical illness, hospital indemnity, and medical benefits, with specific policies for individual excess risk coverage, including optional endorsements like kidney failure, cancer, and transplant coverage. The products are self-administered by Washoe County or its designated third-party administrators, with responsibilities for enrollment, claims processing, and record-keeping. The contracts specify coverage periods from July 1, 2023, through June 30, 2024, and from July 1, 2024, through June 30, 2025, with renewal options. The agreements include provisions for confidentiality, data security, premium payments, and termination conditions. The contracts also detail the classification codes, such as NAICS and insurance-specific codes, and list contacts and locations primarily within Washoe County, Nevada. The awards aim to support the county's health benefits program, with estimated annual costs ranging from approximately $60.9 million to $72.4 million, depending on the year.

Description

Contract awarded to Reliastar Life Insurance Company for reinsurance coverage of Washoe County's self-funded employee and retiree health insurance program. The contract covers fiscal years 2023-2026 with specified monthly costs per employee, retiree, and family, and estimated annual costs for each fiscal year. The contract includes provisions for individual excess risk insurance with deductibles and coverage details, and is administered with UMR and MaxorPlus as claim administrators.

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