City of Sebastian MyVendorLink #25523-RFP-DST

Stop Loss Insurance

The government buyer is Hillsborough County Public Schools (HCPS), acting on behalf of The School Board of Hillsborough County, Florida. The solicitation is a Request for Proposal (RFP) numbered 25523-RFP-DST for Stop Loss Insurance to provide additional claims cost protection as HCPS transitions to a self-funded medical and pharmacy plan effective January 1, 2026. The contract term is from January 1, 2026, to December 31, 2026, with a possible temporary renewal of up to 180 days. The awarded vendor is Symetra Life Insurance Company. The services include Stop Loss insurance coverage, with specific deductibles at $1,000,000, $1,250,000, and $1,500,000 levels, on a 24/12 contract basis, covering approximately 19,121 members including active employees, retirees, and COBRA participants. The procurement process involved multiple proposals, with Symetra scoring highest overall based on criteria such as scope of work, qualifications, cost, and small business utilization. The contract includes compliance with Florida statutes, insurance requirements, and specific provisions for coverage and renewal. The place of performance and delivery is within Hillsborough County, Florida.

Description

Hillsborough County Public Schools is transitioning to a self-funded medical and pharmacy plan effective January 1, 2026, and is seeking Stop Loss insurance for additional claims cost protection. The contract term is from January 1, 2026, to December 31, 2026. The solicitation number is 25523-RFP-DST. The award was made following a Request for Proposal process with proposals due by October 20, 2025. The awarded vendor is Symetra Life Insurance Company.

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