Franklin Ionwave #2026-028

City of Franklin, TN Solicits Stop-Loss Insurance for Employee and Retiree Health Plans

The City of Franklin, Tennessee is seeking bids for stop-loss insurance to support its group health and prescription drug programs for employees and retirees. - Government Buyer: - City of Franklin, TN (Finance - Purchasing Office) - OEMs and Vendors: - No specific OEMs or insurance carriers are named; open to all qualified stop-loss insurance providers - Products/Services Requested: - Stop-loss insurance coverage for group health and prescription drug programs - Policy options include specific individual deductibles of $325,000, $350,000, and $375,000 - Aggregating specific deductible options of $0 and $100,000 - Coverage required for both single employees and families - Pricing to be quoted per employee or family per month - Unique or Notable Requirements: - No laser provisions allowed in policies - Bidders must submit affidavits of non-collusion, Title VI compliance, drug-free workplace, indemnification agreement, and past performance references - The City reserves the right to reject any or all bids and waive minor informalities - Place of Performance/Delivery: - City of Franklin Finance (Purchasing Office), 109 Third Avenue South, Franklin, TN 37064

Description

The City of Franklin, TN is soliciting sealed bids for stop-loss insurance coverage for group health and prescription drug programs for its employees and retirees. The solicitation requires bidders to submit their proposals in accordance with the City's invitation to bid and related procurement documents. Bids will be publicly unsealed on May 22, 2026, and the City reserves the right to reject any or all bids and waive minor informalities. The procurement includes various policy attributes with specific individual deductibles and aggregating specific deductibles for both single employees and families.

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