Title
Approval of County’s Stop Loss Policy Transition to Highmark FY24/25
Recommended Action
Staff recommends and respectfully requests that the Board approve staff’s recommendation to accept the stop loss insurance proposal from HM Insurance Group for the 2024/2025 plan year with the current $300K ISL and $100K ASD at a 12% reduction in premiums at a PEPM rate of $52.42, reflecting a savings of $146,794, and authorize the Chairman to execute the proposal acceptance after review and approval by the County Attorney as to form and legal sufficiency.