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INSURANCERATIFIED

Sparta Community Hospital District Board of Directors Meeting Minutes 2026-04-21

Stop Loss Coverage for Employee Health Plan Ratified

Total Premium: $264,114.72Sparta Community HospitalSTOP LOSS COVERAGE FOR THE EMPLOYEE HEALTH PLANApril 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board ratified stop loss insurance coverage for the employee health plan with a total premium of $264,114.72. This action confirms financial protection against high-cost employee health claims.

Contract Details

Contract Amount

Total Premium: $264,114.72

Vendor

STOP LOSS COVERAGE FOR THE EMPLOYEE HEALTH PLAN

Agency

Sparta Community Hospital, IL

Contract Type

INSURANCE

Document Date

April 21, 2026

Renewal Info

Insurance coverage likely tied to a policy term; renewals would require future ratification or approval.

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