BCBS Contract Renewed for PPO Administration in 2024
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Description
The Board of Trustees approved a renewal with Health Care Service Corporation d/b/a Blue Cross Blue Shield of Illinois to provide administration services for the self-insured Group PPO Medical Plan at City Colleges of Chicago for 2024, at a cost not to exceed $1,200,000 annually. This renewal extends coverage and maintains compliance with MBE/WBE requirements.
Contract Details
Contract Amount
Not to exceed $1,200,000 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
PROFESSIONAL_SERVICES
Document Date
November 2, 2023
Contract Term
January 1, 2024 – December 31, 2024
Renewal Date
2024-12-31
Renewal Info
Initial term was January 1, 2021 – December 31, 2023 with two 1-year renewal options; this is the first renewal for 2024.
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Issuing Agency
Higher Ed
Chicago, IL
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