State College Area SD Regular Board Meeting Minutes May 18 2026
District Renews Stop Loss Insurance with Voya Financial
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Description
State College Area SD renewed stop loss health insurance coverage with Voya Financial for one year beginning July 1, 2026 at an annual premium of $1,517,406. The coverage supports management of high-cost healthcare claims for district employees.
Contract Details
Contract Amount
$1,517,406 annual premium
Vendor
VOYA FINANCIAL
Agency
State College Area SD, PA
Contract Type
INSURANCE
Document Date
May 18, 2026
Contract Term
July 1, 2026 – June 30, 2027 (one year)
Renewal Date
2027-06-30
Renewal Info
One-year renewal of existing stop loss insurance contract for 2026-2027 plan year; future renewals to be evaluated annually.
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