Town of Lake Park Awards Insurance Contract to MEDICA (May 2026)

The Town of Lake Park approved a new Medica health plan for full-time employees effective July 1, 2026, maintaining a $21,000 annual cap per employee and adding city-paid dental, life, disability, and vision coverage. The Medica package, including EmployeeConnect EAP, is projected to save the city approximately $28,000 annually while preserving comparable coverage to BCBS.

Scope & details

The full contract record, as filed.

Contract amount

Annual cap of $21,000 per employee; estimated $28,000 annual savings overall

Contract type

INSURANCE

Contract term

Effective July 1, 2026; term length not specified

Renewal

New Medica health insurance and ancillary benefits contract begins July 1, 2026; future renewal terms and dates not specified in the minutes.

Document type

Minutes

Source document

Town of Lake Park Minutes Lake Park City Council Minutes 2026-05-05

Related contracts

Other contracts from MEDICA.

View all →

City of Wood River AgendaPacket Regular City Council Meeting 2026-08-04

PENDING

City of Wood River, Nebraska$7,533.79Aug 4, 2026

Buffalo City Council Agenda Packet 2026-08-03

ONGOING

City of Buffalo, Minnesota$74,892.92Aug 3, 2026

City of Shoreview Agenda Packet 2026-08-03

APPROVED

City of Shoreview, Minnesota$107,391.52Aug 3, 2026

City of Braham AgendaPacket 2026-08-04

APPROVED

City of Braham, Minnesota$24,952.30Aug 3, 2026

Saline County Proposal Health Plan Cost & Design 2026-07-31

PENDING

Saline County, Illinois$1,108,751 annually (health plan premium)Jul 31, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Lake Park?

MEDICA was awarded this insurance contract by Town of Lake Park, as recorded on May 5, 2026. The contract value is Annual cap of $21,000 per employee; estimated $28,000 annual savings overall.

How much is the MEDICA contract with Town of Lake Park worth?

The MEDICA contract with Town of Lake Park is valued at Annual cap of $21,000 per employee; estimated $28,000 annual savings overall, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Lake Park Minutes Lake Park City Council Minutes 2026-05-05 (Minutes), dated May 5, 2026 from Town of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MEDICA hold?

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

View MEDICA's profile

What is Town of Lake Park currently buying?

Explore Town of Lake Park's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Lake Park's profile