INSURANCEDISCUSSED

City Reviews 2027 Security Health Plan Costs

The City of Nekoosa analyzed projected 2027 health insurance costs under its existing Security Health Plan, estimating $47,076.33 per month or $564,915.91 annually with a 10% premium increase. These figures serve as the baseline for evaluating potential savings from switching to an alternative Teamcare M9 plan.

Status
DISCUSSED
Document date
July 16, 2026
Contract type
INSURANCE
Vendor
Security Health Plan
Agency
City of Nekoosa · WI

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Derivita logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$47,076.33 per month; $564,915.91 annually (projected 2027 with 10% increase)
Contract type
INSURANCE
Contract term
2027 plan year (projected)
Renewal date
2027-12-31
Renewal
Existing health insurance arrangement is assumed to renew for the 2027 plan year with an anticipated 10% rate increase; no formal renewal action is documented yet.
Document type
Report
Source document
City of Nekoosa Report Public Works Director Process and Insurance Cost Analysis 2026-08-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Nekoosa?

Security Health Plan was awarded this insurance contract by City of Nekoosa, as recorded on July 16, 2026. The contract value is $47,076.33 per month; $564,915.91 annually (projected 2027 with 10% increase).

How much is the Security Health Plan contract with City of Nekoosa worth?

The Security Health Plan contract with City of Nekoosa is valued at $47,076.33 per month; $564,915.91 annually (projected 2027 with 10% increase), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Nekoosa Report Public Works Director Process and Insurance Cost Analysis 2026-08-07 (Report), dated July 16, 2026 from City of Nekoosa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Security Health Plan hold?

Security Health Plan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Security Health Plan's profile

What is City of Nekoosa currently buying?

Explore City of Nekoosa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Nekoosa's profile

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