District Awards Health Insurance Contract To MODA Health
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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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Salem Area Mass Transit District Agenda Packet May 2026
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