Community College District No. 508 Resolution Health Maintenance Organization Medical Plan 2025-12-04
HMO Health Plan Awarded to Blue Cross Blue Shield for $64M
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Description
The Community College District No. 508 Board of Trustees approved a contract with Health Care Service Corporation d/b/a Blue Cross Blue Shield of Illinois to administer the fully-insured HMO medical plan for the period January 1, 2026 through December 31, 2029. The total value of the agreement is not to exceed $64,000,000. The award leverages joint purchasing with the City of Chicago and other agencies to secure best-in-class health care services at competitive rates.
Contract Details
Contract Amount
$64,000,000 (not to exceed), $16,000,000 annually
Vendor
HEALTH CARE SERVICE CORPORATION DBA BLUE CROSS BLUE SHIELD OF ILLINOIS
Agency
City Colleges Of Chicago-Richard J Daley College, IL
Contract Type
INSURANCE
Document Date
December 4, 2025
Contract Term
January 1, 2026 – December 31, 2029
Renewal Date
2029-12-31
Renewal Info
The original contract was awarded in July 2020 and extended through the City of Chicago. The current term is January 1, 2026 to December 31, 2029; future renewals subject to appropriation and joint procurement agreements.
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Related Contracts
Community College District No. 508 Board Report Claims Administration Services District Dental Plan 2025-12-04
RENEWEDCommunity College District No. 508 Resolution Stop Loss Insurance Plan 2025-12-04
AWARDEDCommunity College District No. 508 Resolution Preferred Provider Organization Medical Plan 2025-12-04
APPROVEDCommunity College District No. 508 Agreement with BCBS Nov 2023
RENEWEDCommunity College District No. 508 Agreement Renewal Nov 2023
RENEWEDIssuing Agency
City Colleges Of Chicago-Richard J Daley College
Higher Ed
Chicago, IL
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