Lake City Proposes 2027 Medica Health Insurance Renewal
City of LakeCity · Lake City, MN- Disclosed value
- $890,894 annual premium for proposed plan; $1,019,394.16 total 2027 plan cost including employee and employer costs
- From agendapacket
- Document date
- Oct 21, 2026
- Renews
- Free account
The 30-second brief
Lake City plans to renew its 2027 health insurance coverage with MN Healthcare Consortium - Medica. The proposed plan, effective January 1, 2027, carries an annual premium of $890,894 and uses higher deductibles to limit the premium increase to 5.1%.
Mn Healthcare Consortium - Medica holds this insurance contract with City of Lake.
The renewal date is on record. A free account shows it, with the renewals for every City of Lake contract.
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Contract details
- Contract type
- Insurance
- Amount
- $890,894 annual premium for proposed plan; $1,019,394.16 total 2027 plan cost including employee and employer costs
- Document date
- October 21, 2026
- Term
- Effective January 1, 2027; 2027 plan year
- Renews
- Free account
- Vendor
- Mn Healthcare Consortium - Medica
- Agency
- City of Lake
- Source document
- Lake City AgendaPacket Special Meeting 2026-10-26 (AgendaPacket)
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Questions about this contract
Who was awarded the insurance contract by City of Lake?
Mn Healthcare Consortium - Medica was awarded this insurance contract by City of Lake, as recorded on October 21, 2026. The contract value is $890,894 annual premium for proposed plan; $1,019,394.16 total 2027 plan cost including employee and employer costs.
How much is the Mn Healthcare Consortium - Medica contract with City of Lake worth?
The Mn Healthcare Consortium - Medica contract with City of Lake is valued at $890,894 annual premium for proposed plan; $1,019,394.16 total 2027 plan cost including employee and employer costs, 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 Lake City AgendaPacket Special Meeting 2026-10-26 (AgendaPacket), dated October 21, 2026 from City of Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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