Voya Presents Stop Loss Renewal Options for 2025
Immokalee Technical CollegeHigher Ed · Immokalee, FL- Disclosed value
- Option 1: Estimated annual cost $2,946,180; Option 2: Estimated annual cost $2,542,610; Option 3: Estimated annual cost $2,232,749; Current annual cost $2,145,288
- From proposal
- Document date
- Dec 10, 2024
The 30-second brief
Voya Employee Benefits submitted a renewal proposal for individual excess risk stop loss insurance to The District School Board of Collier County effective January 1, 2025, with three deductible options and estimated annual costs ranging from $2.23 million to $2.95 million. The proposal includes a 40% renewal rate cap and a premium refund agreement, pending selection and approval by the district.
Voya Employee Benefits holds this insurance contract with Immokalee Technical College. Its other public contracts on record include work for Montmorency County.
Term as filed: Effective January 1, 2025; coverage paid in 24 months for claims incurred on or after January 1, 2025.
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Contract details
- Contract type
- Insurance
- Amount
- Option 1: Estimated annual cost $2,946,180; Option 2: Estimated annual cost $2,542,610; Option 3: Estimated annual cost $2,232,749; Current annual cost $2,145,288
- Document date
- December 10, 2024
- Term
- Effective January 1, 2025; coverage paid in 24 months for claims incurred on or after January 1, 2025
- Vendor
- Voya Employee Benefits
- Source document
- The District School Board of Collier County Stop Loss Insurance Renewal Offer 2024-12-10 (Proposal)
Voya Employee Benefits's other public contracts
More Immokalee Technical College contracts
Questions about this contract
Who was awarded the insurance contract by Immokalee Technical College?
Voya Employee Benefits was awarded this insurance contract by Immokalee Technical College, as recorded on December 10, 2024. The contract value is Option 1: Estimated annual cost $2,946,180; Option 2: Estimated annual cost $2,542,610; Option 3: Estimated annual cost $2,232,749; Current annual cost $2,145,288.
How much is the Voya Employee Benefits contract with Immokalee Technical College worth?
The Voya Employee Benefits contract with Immokalee Technical College is valued at Option 1: Estimated annual cost $2,946,180; Option 2: Estimated annual cost $2,542,610; Option 3: Estimated annual cost $2,232,749; Current annual cost $2,145,288, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a proposal record.
Where was this contract approved?
This contract appears in The District School Board of Collier County Stop Loss Insurance Renewal Offer 2024-12-10 (Proposal), dated December 10, 2024 from Immokalee Technical College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Voya Employee Benefits hold?
Voya Employee Benefits may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Immokalee Technical College currently buying?
Explore Immokalee Technical College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.