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INSURANCERENEWED

Community College District No. 508 Agreement Renewal Nov 2023

City Colleges Renews HMO Plan With Blue Cross Blue Shield

Not to exceed $16,500,000 annuallyCity Colleges Of Chicago-Richard J Daley CollegeHEALTH CARE SERVICE CORPORATION DBA BLUE CROSS BLUE SHIELD OF ILLINOISNovember 2, 2023

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

Description

City Colleges of Chicago has renewed its agreement with Health Care Service Corporation d/b/a Blue Cross Blue Shield of Illinois to provide administration services for the district’s fully-insured HMO medical plan. The first renewal term runs from January 1, 2024 through December 31, 2024, with a not-to-exceed cost of $16.5 million.

Contract Details

Contract Amount

Not to exceed $16,500,000 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

November 2, 2023

Contract Term

January 1, 2024 – December 31, 2024

Renewal Date

2024-12-31

Renewal Info

First of two possible one-year renewals available under the original agreement. Initial term was January 1, 2021 – December 31, 2023. First renewal is for calendar year 2024; additional one-year renewal option remains.

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