Virginia Beach City Public Schools Agenda Regular Meeting 2026-05-12
Symetra Stop Loss Coverage Included in Health Plan Projections
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Description
Virginia Beach City Public Schools maintains stop loss insurance coverage with Symetra under a 2026 renewal agreement to protect its self-funded health plans. Actuarial projections assume continued coverage in 2027 with a 25% premium increase.
Contract Details
Vendor
SYMETRA
Agency
Virginia Beach City Public Schools, VA
Contract Type
INSURANCE
Document Date
May 12, 2026
Contract Term
2026 renewal agreement; 2027 assumed with 25% premium increase
Renewal Info
Explicitly noted 2026 renewal agreement for stop loss coverage; 2027 costs are projected assuming a 25% premium increase, but a formal 2027 renewal is not yet documented.
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