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Lincoln Land Community College Board of Trustees Regular Meeting Agenda Packet 2026-05-27

LLCC Declines HCC Stop-Loss Renewal Proposal

$1,772,724 premium with $80,000 laser (renewal quote, not selected)Lincoln Land Community CollegeHCCMay 26, 2026

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

Description

Current stop-loss carrier HCC offered LLCC a renewal quote of approximately $1.77 million in premium plus laser exposure for FY2027. The college is recommending a competing proposal instead due to better pricing and risk terms.

Contract Details

Contract Amount

$1,772,724 premium with $80,000 laser (renewal quote, not selected)

Vendor

HCC

Agency

Lincoln Land Community College, IL

Contract Type

INSURANCE

Document Date

May 26, 2026

Contract Term

FY2027 proposal

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