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Middlesex County Magnet Schools Board of Education Business/Public Meeting Agenda 2026-05-20

Vision Service Plan Contract Approved for 2026-2027

Claims + 33% administrative fee on actual claimsMiddlesex County Vocational and Technical School DistrictVISION SERVICE PLAN INCMay 20, 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

The Board awarded Vision Service Plan, Inc. a contract to provide employee vision insurance coverage from July 1, 2026 through June 30, 2027 under an existing two-year rate guarantee. The plan is billed at claims plus a 33% administrative fee with no change in covered services.

Contract Details

Contract Amount

Claims + 33% administrative fee on actual claims

Vendor

VISION SERVICE PLAN INC

Agency

Middlesex County Vocational and Technical School District, NJ

Contract Type

INSURANCE

Document Date

May 20, 2026

Contract Term

July 1, 2026 through June 30, 2027 (within a 7/1/2025–6/30/2027 two-year rate guarantee)

Renewal Date

2027-06-30

Renewal Info

Part of a two-year rate guarantee from 7/1/2025 to 6/30/2027 with a 5% rate increase over the prior contract; awarded as an Extraordinary Unspecifiable Service.

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