The linkage to the Strategic Plan is subsection: 6.2 - Implement employee benefits and services that promote financial security. Award Summary: Discussion and action on the award of Solicitation 2024-0648R Stop Loss Insurance to Aetna Life Insurance Company for a one (1) year term and an estimated award of $5,733,154.00. This contract will provide services necessary to assist the City in developing a comprehensive review and plan for stop loss insurance which is self-funded and open to all full-time active employees of the City of El Paso. Contract Variance: Not applicable, new contract. Department: Human Resources Award to: Aetna Life Insurance Company City & State: Hartford, CT Item(s): All Initial Term: 1 Year Option Term: NA Total Contract Time:1 Year Annual Estimated Award: $5,733,154.00 Initial Term Estimated Award: $5,733,154.00 Option Term Estimated Award: NA Total Estimated Award: $5,733,154.00 Account(s): 209-3500-521370-14045-P1414 Funding Source(s): Self-Insurance Fund District(s): All This was a Request for Proposal, service contract. The Purchasing & Strategic Sourcing Department and the Human Resources Department recommend award as indicated to Aetna Life Insurance Company, the highest ranked offeror based on the evaluation factors established in the evaluation criteria for this procurement. It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award.

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Held by

Aetna Life Insurance Company 14 records across this site

Runs until

November 19, 2025 already ended date calculated from a contract term stated in the record, not quoted directly

Type

award

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Aetna Life Insurance Company also holds

Request that the County Judge execute an amendment to an agreement and a renewal option with Aetna Life Insurance Company to incorporate 2027 Prescrip… Harris County, TX ends Dec 31, 2026 Request approval to renew an existing contract - Finance Department, 25RFPDENT052325C-MH, Employee Healthcare Benefit Plan - Dental with Aetna Life In… Fulton County, GA ends Dec 31, 2027 Request that the County Judge execute an amendment to an agreement with Aetna Life Insurance Company to add certain documents to the agreement for gro… Harris County, TX ends Dec 31, 2026 Discussion and action on the award of Solicitation 2025-0510R Stop Loss to Aetna Life Insurance Company for a one (1) year term and an estimated award… $255K El Paso, TX ends Nov 18, 2026 Temp. Reso. #R8551 approving the extension of the agreement with Aetna Life Insurance Company for the provision of employee group health insurance pro… $16.1M Miramar, FL

All 14 records for Aetna Life Insurance Company →

Committee

City Council

Requested by

Purchasing & Strategic Sourcing

Introduced

November 19, 2024

On agenda

December 3, 2024

Where it was heard

City Council Dec 3, 2024 Approve Pass

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