City advised to shift stop-loss coverage to Symetra
City of HendersonCity · Henderson, KY- Disclosed value
- Approximate annual premium increase of $36,289.20 over current; overall premium not fully stated
- From agendapacket
- Document date
- Apr 28, 2026
The 30-second brief
Henderson staff and its benefits broker recommend awarding the City’s health plan stop-loss (reinsurance) coverage for the upcoming program year to Symetra Financial Corporation. The proposed Symetra contract maintains equivalent protection at a higher deductible while reducing projected premiums by about $19,000 compared to a renewal with the current carrier.
Symetra Financial Corporation holds this insurance contract with City of Henderson. Its other public contracts on record include work for Massac County and City of Highland Heights.
Term as filed: Upcoming program year for City’s Health Benefits Plan (FY 2026–2027).
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Contract details
- Contract type
- Insurance
- Amount
- Approximate annual premium increase of $36,289.20 over current; overall premium not fully stated
- Document date
- April 28, 2026
- Term
- Upcoming program year for City’s Health Benefits Plan (FY 2026–2027)
- Agency
- City of Henderson
- Source document
- City of Henderson Board of Commissioners Meeting Agenda Packet April 28 2026 (AgendaPacket)
Symetra Financial Corporation's other public contracts
More City of Henderson contracts
Questions about this contract
Who was awarded the insurance contract by City of Henderson?
Symetra Financial Corporation was awarded this insurance contract by City of Henderson, as recorded on April 28, 2026. The contract value is Approximate annual premium increase of $36,289.20 over current; overall premium not fully stated.
How much is the Symetra Financial Corporation contract with City of Henderson worth?
The Symetra Financial Corporation contract with City of Henderson is valued at Approximate annual premium increase of $36,289.20 over current; overall premium not fully stated, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Henderson Board of Commissioners Meeting Agenda Packet April 28 2026 (AgendaPacket), dated April 28, 2026 from City of Henderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Symetra Financial Corporation hold?
Symetra Financial Corporation 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 Henderson currently buying?
Explore City of Henderson's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.