Allegany County Board of County Commissioners Agenda Packet 2026-05-28
CareFirst Stop Loss Insurance Renewed for FY27
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Description
The Board of County Commissioners approved the FY 2027 renewal of the CareFirst Stop Loss Insurance policy, with a fixed premium of $1,304,007 reflecting a 26.12% increase from the previous year.
Contract Details
Contract Amount
$1,304,007 (FY 2027 fixed premium); 26.12% increase from prior year
Vendor
CAREFIRST
Agency
Allegany County, MD
Contract Type
INSURANCE
Document Date
May 28, 2026
Contract Term
FY 2027
Renewal Date
2027-06-30
Renewal Info
Annual renewal; premium and terms subject to claims history. FY27 renewal reflects increased cost.
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