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INSURANCERENEWED

Cumberland County Board of Vocational Education Minutes April 30, 2026

Prescription Insurance Renewal with Benecard Services Approved

23.5% increase to current rates; example new premium single $410.87, family $1,027.08, composite of listed tiered ratesCumberland County Board of Vocational EducationBENECARD SERVICES INCApril 30, 2026

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board renewed its prescription insurance coverage with Benecard Services, Inc. for July 1, 2026 through June 30, 2027, implementing a 23.5% rate increase across coverage tiers. The renewal outlines detailed new premiums for single, family, and NJEHP/GS plans.

Contract Details

Contract Amount

23.5% increase to current rates; example new premium single $410.87, family $1,027.08, composite of listed tiered rates

Vendor

BENECARD SERVICES INC

Agency

Cumberland County Board of Vocational Education, NJ

Contract Type

INSURANCE

Document Date

April 30, 2026

Contract Term

July 1, 2026 to June 30, 2027

Renewal Date

2027-06-30

Renewal Info

12-month renewal of existing prescription insurance contract with a 23.5% rate increase for the 2026-2027 plan year.

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