Commissioners Court - Regular
Approve execution of a letter from VOYA Financial formally ING for RFP No. 2934-13 Aggregate and Specific Re-Insurance (Stop Loss).
Elsa Saenz, Purchasing Department
Approve execution of renewal with VOYA Financial, formerly ING Employee Benefits, for RFP No. 2934-13 Aggregate and Specific Re-Insurance (Stop Loss) for the Nueces County Employee Self-Funded Group Health Program.
Nueces County currently makes available to its employees a self-funded plan of medical care benefits. Nueces County received proposals from qualified Offerors who provide the following specific services for an October 1, effective date:
• Stop-Loss Re-Insurance for Aggregate and Specific coverage
The contract term was for an initial term of one (1) year with the option to renew. Each renewal, if mutually acceptable to the Offeror and Nueces County, will be in twelve (12) month increments, not to exceed three (3) years additional extensions past the initial term.
The first renewal ends on September 30, 2015.
Letter from ING would extend the contract to September 30, 2016 at the Option 1 rates. This is a regularly budgeted item.
Information about available funds
Funds NOT Available:
Account Code(s) for Available Funds
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