City of New Brunswick City Council Agenda 2026-05-20
City Adds Funds to Aetna Stop Loss Coverage
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Description
New Brunswick approved an amendment with Aetna Life Insurance Company adding up to $23,000 for stop loss coverage for its Aetna medical and CVS/Caremark prescription plans for FY 2025–2026. The additional funding applies through June 30, 2026.
Contract Details
Contract Amount
Not to exceed $23,000.00
Vendor
AETNA LIFE INSURANCE COMPANY
Agency
City of New Brunswick, NJ
Contract Type
INSURANCE
Document Date
May 20, 2026
Contract Term
July 1, 2025 – June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Amendment increases contract funding by $23,000.00 under Resolution R-122537 for existing July 1, 2025–June 30, 2026 term.
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