Prescription Insurance Renewal with Benecard Services Approved
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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.
More from BENECARD SERVICES INC
More from Cumberland County Board of Vocational Education
Cumberland County Board of Vocational Education Minutes April 30, 2026
Cumberland County Board of Vocational Education Minutes April 30, 2026
Cumberland County Board of Vocational Education Minutes April 30, 2026
Cumberland County Board of Vocational Education Minutes April 30, 2026
Cumberland County Board of Vocational Education Minutes April 30, 2026
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