Employee Group Insurance Awarded to Blue Cross Blue Shield
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Description
The Board of Trustees approved an agreement with Dearborn Life Insurance Company d/b/a Blue Cross Blue Shield of Illinois for employee and retiree insurance benefits, including life, AD&D, disability, and critical illness coverage, for $2.1 million for the 2026 plan year.
Contract Details
Contract Amount
Not to exceed $2,100,000.00
Vendor
DEARBORN LIFE INSURANCE COMPANY DBA BLUE CROSS BLUE SHIELD OF ILLINOIS
Agency
City Colleges Of Chicago-Richard J Daley College, IL
Contract Type
INSURANCE
Document Date
December 4, 2025
Contract Term
January 1, 2026 – December 31, 2026
Renewal Date
2026-12-31
Renewal Info
Agreement is for a one-year term; future renewals or replacements subject to RFP process as noted.
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Issuing Agency
Higher Ed
Chicago, IL
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