CONTRACTRENEWED

City Adjusts UnityRe Reinsurance Deductible in Renewal

Disclosed value: $94,000 annual rate increase at $50K deductible; $46,000 annual rate increase at $70K deductible; $48,000 savings from surplus insurance reserve; From minutes
Document date: Sep 5, 2023

What it covers

As part of the 2023-2024 benefits renewal, Columbus confirmed UnityRe as its reinsurance provider for the self-funded health plan and recommended raising the stop-loss deductible from $50,000 to $70,000. The change reduces the rate increase and yields an estimated $48,000 in savings funded from surplus insurance reserves.

Who holds it

UNITYRE holds this insurance contract with City of Columbus. Its other public contracts on record include work for Jackson County.

What happens next

Term as filed: Plan year beginning October 1, 2023 (2023-2024 benefits year).

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Contract details

Contract type: Insurance
Amount: $94,000 annual rate increase at $50K deductible; $46,000 annual rate increase at $70K deductible; $48,000 savings from surplus insurance reserve
Document date: September 5, 2023
Term: Plan year beginning October 1, 2023 (2023-2024 benefits year)
Vendor: UNITYRE
Agency: City of Columbus
Source document: City of Columbus Minutes Meeting of the Mayor and City Council 2023-09-05 (Minutes)

UNITYRE's other public contracts

Jackson County, MississippiUnityRe, Inc. Agreement approved to add Health Center · Oct 6, 2025Undisclosed Jackson County, MississippiUnityRe Amended Agreement Approved · Oct 6, 2025Undisclosed Jackson County, MississippiUnityRe, Inc. agreement approved for healthcare center · Oct 6, 2025Undisclosed All UNITYRE contractsVendor profile

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Questions about this contract

Who was awarded the insurance contract by City of Columbus?

UNITYRE was awarded this insurance contract by City of Columbus, as recorded on September 5, 2023. The contract value is $94,000 annual rate increase at $50K deductible; $46,000 annual rate increase at $70K deductible; $48,000 savings from surplus insurance reserve.

How much is the UNITYRE contract with City of Columbus worth?

The UNITYRE contract with City of Columbus is valued at $94,000 annual rate increase at $50K deductible; $46,000 annual rate increase at $70K deductible; $48,000 savings from surplus insurance reserve, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Columbus Minutes Meeting of the Mayor and City Council 2023-09-05 (Minutes), dated September 5, 2023 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does UNITYRE hold?

UNITYRE 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 Columbus currently buying?

Explore City of Columbus's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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