Symetra Stop-Loss Proposal Leads 2026–27 Marketing
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Description
Symetra provided Cumberland County with the most competitive 2026–2027 medical stop-loss proposal at an illustrative $118.52 per employee per month, including one $700,000 laser and a 50% rate cap. County staff will ask the Board to select a stop-loss vendor for the coming plan year based on this marketing analysis.
Contract Details
Contract Amount
$118.52 PEPM stop-loss premium (illustrative)
Vendor
SYMETRA
Agency
Cumberland County, NC
Contract Type
INSURANCE
Document Date
May 14, 2026
Contract Term
2026–2027 plan year (24/12 contract basis)
Renewal Date
2027-06-30
Renewal Info
Proposal includes a 50% renewal rate cap and no new laser provision, shaping terms for potential renewal beyond the 24/12 contract year.
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Cumberland County Board of Commissioners Action Agenda Minutes 2026-05-18
Cumberland County Board of Commissioners Action Agenda Minutes 2026-05-18
Cumberland County Board of Commissioners Agenda 2026-05-18
Cumberland County Board of Commissioners Agenda 2026-05-18
Cumberland County Board of Commissioners Agenda 2026-05-18
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