INSURANCEPENDING

Teamcare M9 Plan Evaluated for 2027 Coverage

Nekoosa evaluated switching its employee benefits to the Teamcare M9 plan for 2027, covering health, vision, dental, and short-term disability at an estimated annual cost of $507,419.64. The analysis projects savings of up to $57,496.27 compared to the current Security Health Plan with a 10% rate increase.

Status
PENDING
Document date
July 16, 2026
Contract type
INSURANCE
Vendor
TEAMCARE
Agency
City of Nekoosa · WI

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$46,983.30 per month; $42,284.97 per month city share after 90/10 split; $507,419.64 annually
Contract type
INSURANCE
Contract term
2027 plan year, with known rate cap for next 3 budget seasons
Renewal date
2029-12-31
Renewal
Teamcare proposal includes a known rate cap for the next three budget seasons; no existing contract is in place yet and adoption would establish a new multi-year rate structure.
Document type
Report
Source document
City of Nekoosa Report Public Works Director Process and Insurance Cost Analysis 2026-08-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Nekoosa?

TEAMCARE was awarded this insurance contract by City of Nekoosa, as recorded on July 16, 2026. The contract value is $46,983.30 per month; $42,284.97 per month city share after 90/10 split; $507,419.64 annually.

How much is the TEAMCARE contract with City of Nekoosa worth?

The TEAMCARE contract with City of Nekoosa is valued at $46,983.30 per month; $42,284.97 per month city share after 90/10 split; $507,419.64 annually, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Nekoosa Report Public Works Director Process and Insurance Cost Analysis 2026-08-07 (Report), dated July 16, 2026 from City of Nekoosa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TEAMCARE hold?

TEAMCARE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Nekoosa currently buying?

Explore City of Nekoosa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Nekoosa's profile

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