Altus Municipal Authority Agenda Packet 2026-06-10
Altus Weighs Self-Funded Health Plan With Crumdale
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Description
The Altus Municipal Authority is considering approval of a contract with Crumdale to transition its employee health insurance to a self-funded arrangement using the Aetna Signature Network starting with the July 1, 2026 renewal. The shift aims to control rising healthcare costs and improve transparency, funded through the Health Reimbursement Fund and departmental budgets.
Contract Details
Vendor
CRUMDALE
Agency
City of Altus, OK
Contract Type
INSURANCE
Document Date
June 10, 2026
Contract Term
Beginning July 1, 2026 renewal period (exact end date not stated)
Renewal Info
Proposed implementation for the 2026–2027 renewal cycle of the City’s employee health plan under a self-funded model with Crumdale; future renewals and stop-loss protections will be monitored and adjusted as needed based on claims experience.
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