City of Salem Awards Insurance Contract to Mutual Medical (April 2024)
City of SalemCity · AR- Disclosed value
- 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually
- From meeting minutes
- Approved
- Apr 1, 2024
The 30-second brief
City Council approved the annual renewal of its health insurance policy provided by Mutual Medical. The new term reflects a $136,351 per year increase to maintain current coverage, effective as of the 2024 renewal date.
Mutual Medical holds this insurance contract with City of Salem. Its other public contracts on record include work for Camden County and Hancock County.
Term as filed: One year (annual health insurance renewal, effective 2024).
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Contract details
- Contract type
- Insurance
- Amount
- 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually
- Document date
- April 1, 2024
- Term
- One year (annual health insurance renewal, effective 2024)
- Vendor
- Mutual Medical
- Agency
- City of Salem
- Source document
- city-of-salem-meeting-minutes-2024-04-01_01b.pdf (Meeting Minutes)
Mutual Medical's other public contracts
More City of Salem contracts
Questions about this contract
Who was awarded the insurance contract by City of Salem?
Mutual Medical was awarded this insurance contract by City of Salem, as recorded on April 1, 2024. The contract value is 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually.
How much is the Mutual Medical contract with City of Salem worth?
The Mutual Medical contract with City of Salem is valued at 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-salem-meeting-minutes-2024-04-01_01b.pdf (Meeting Minutes), dated April 1, 2024 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mutual Medical hold?
Mutual Medical may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Salem currently buying?
Explore City of Salem's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.