City of Lake Park Awards Insurance Contract to MEDICA (May 2026)

The Lake Park City Council approved a new Medica health plan for full-time employees effective July 1, 2026, maintaining a $21,000 annual cap per employee and including city-paid ancillary dental, life, disability, and vision coverage. The change from BCBS to Medica is projected to save the city approximately $28,000 annually.

Scope & details

The full contract record, as filed.

Contract amount

Annual cap $21,000 per employee; estimated $28,000 annual savings overall

Contract type

INSURANCE

Contract term

Effective 07/01/2026 (term not otherwise specified)

Renewal

New Medica coverage begins 07/01/2026, replacing BCBS; future renewal terms and dates are not specified in the minutes.

Document type

Minutes

Source document

City of Lake Park Minutes Lake Park City Council Minutes 2026-05-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Lake Park?

MEDICA was awarded this insurance contract by City of Lake Park, as recorded on May 5, 2026. The contract value is Annual cap $21,000 per employee; estimated $28,000 annual savings overall.

How much is the MEDICA contract with City of Lake Park worth?

The MEDICA contract with City of Lake Park is valued at Annual cap $21,000 per employee; estimated $28,000 annual savings overall, 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 Lake Park Minutes Lake Park City Council Minutes 2026-05-05 (Minutes), dated May 5, 2026 from City of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MEDICA hold?

MEDICA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View MEDICA's profile

What is City of Lake Park currently buying?

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

View City of Lake Park's profile