Allegany County Board of County Commissioners Public Business Meeting Minutes 2026-05-28
Stop Loss Insurance Renewed with CareFirst for FY27
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Description
Allegany County Commissioners renewed the Stop Loss insurance policy with CareFirst for FY 2027 at an annual premium of $1,304,007, reflecting a 26.12% increase owing to higher claim volume.
Contract Details
Contract Amount
$1,304,007 (FY 2027 fixed premium); prior: $1,033,976
Vendor
CAREFIRST
Agency
Allegany County, MD
Contract Type
INSURANCE
Document Date
May 28, 2026
Contract Term
FY 2027 (1 year coverage)
Renewal Date
2027-06-30
Renewal Info
Annual renewal for fiscal year; policy reviewed with CBIZ broker; no automatic renewal indicated.
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