INSURANCERENEWED

Frederick Community College Board of Trustees Regular Monthly Meeting Agenda April 2026

College Renews CareFirst Health Insurance for FY 2027

Total estimated premium $7,233,247 for FY 2027 plan year; College contribution $6,011,168; employee contributions $1,222,079Frederick Community CollegeCAREFIRST BLUECROSS BLUESHIELDApril 22, 2026

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Description

Frederick Community College is set to renew its group medical and prescription drug insurance with CareFirst BlueCross BlueShield for FY 2027 with an estimated total premium of $7.23 million, of which the College will pay about $6.01 million. The renewal, effective July 1, 2026 through June 30, 2027, applies a negotiated 12.5% rate cap while keeping employee-only premiums flat for full-time staff.

Contract Details

Contract Amount

Total estimated premium $7,233,247 for FY 2027 plan year; College contribution $6,011,168; employee contributions $1,222,079

Vendor

CAREFIRST BLUECROSS BLUESHIELD

Agency

Frederick Community College, MD

Contract Type

INSURANCE

Document Date

April 22, 2026

Contract Term

July 1, 2026 – June 30, 2027 (FY 2027 plan year); second-year renewal of contract originally effective July 1, 2025 with four optional one-year renewals

Renewal Date

2027-06-30

Renewal Info

Original contract effective July 1, 2025 with one initial year and four optional one‑year renewals; this action exercises the second-year renewal within a 12.5% rate cap. Additional renewals remain available through up to FY 2030 subject to Board approval and negotiated terms.

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