Sayreville Board of Education Agenda 2026-05-19
Symetra Selected for Stop-Loss Coverage 2026-27
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Description
The Board approved a contract with Symetra Life Insurance Company to provide stop-loss coverage for the district's self-insured medical plan from July 1, 2026, to June 30, 2027, at $201.13 per insured member per month. The policy limits the district's exposure to large medical claims.
Contract Details
Contract Amount
$201.13 per insured member per month
Vendor
SYMETRA LIFE INSURANCE COMPANY
Agency
Sayreville School District, NJ
Contract Type
INSURANCE
Document Date
May 19, 2026
Contract Term
July 1, 2026 – June 30, 2027
Renewal Date
2027-06-30
Renewal Info
One-year stop-loss policy; renewal terms for subsequent years not specified.
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