CITY OF SULPHUR SPRINGS
INVITATION TO SUBMIT PROPOSAL
The City of Sulphur Springs is accepting sealed proposals for its’ employee health insurance benefit program. The City of Sulphur Springs health insurance program is partially self funded. Proposals will be accepted for a combination package of individual specific stop loss and aggregate reinsurance coverage. The City will use its incumbent administrator, Blue Cross/Blue Shield for all Administration services as well as the Blue Choice Network for its plan network. The new contract year will be from 9/1/1/2013 to 8/31/2014. Price must stay firm for the entire contract period. Please bid on a 24/12 or paid basis. Individual specific stop loss coverage is set at $60,000. Alternative specific stop loss levels proposed will be considered. Plan deductible is $2,500. The City of Sulphur Springs will not consider a full insurance plan. Proposal packets can be obtained at the City of Sulphur Springs Municipal Building, 125 South David, Sulphur Springs, Texas, Office of the City Secretary. Proposals must be submitted in the format of the proposal sheet. Sealed proposals are due on or before 11:00 am on Tuesday, July
30, 2013 at the Sulphur Springs Municipal Building, Office of the City Secretary. Please read all general information and specifications. The City will only consider direct reinsurance contracts, not managing general underwriters contracts. Stop loss carriers must at the time of the submitted proposal: 1. Assume 100% of the risk of its proposal, 2. Guarantee a renewal, 3. Guarantee no lasering at renewal, unless it is in the City’s interest to do so. To be considered, reinsurance firms must carry an A rating with A.M. Best. The City of Sulphur Springs reserves the right to consider only those proposals which are responsive to the terms, conditions and specifications of this invitation to bid.