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INSURANCEAWARDED

Salem Area Mass Transit District Proposed Budget 2026-2027

District Awards Health Insurance Contract To MODA Health

approximately 6.24% premium increase (medical plan)Salem Area Mass Transit DistrictMODA HEALTHMay 5, 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 District competitively procured a new employee health insurance provider and awarded a contract to MODA Health for a medical benefits plan with an approximate 6.24% premium increase in FY2027. The agreement maintains benefit levels similar to the prior plan while reducing anticipated cost escalation.

Contract Details

Contract Amount

approximately 6.24% premium increase (medical plan)

Vendor

MODA HEALTH

Agency

Salem Area Mass Transit District, OR

Contract Type

INSURANCE

Document Date

May 5, 2026

Contract Term

Three-year collective bargaining period used for forecasting; health plan term not specified

Renewal Info

The MODA Health agreement replaces the prior carrier after a competitive bid due to an unusually high renewal quote; specific renewal options and end date are not stated in the budget document.

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