INSURANCERECOMMENDED

County to place medical stop‑loss with Tokio Marine

Montgomery County plans to move its medical stop‑loss coverage from BCBS Lloyd’s of London to Tokio Marine HCC Life Insurance Company for the 2025‑2026 plan year. The recommended option carries a projected annual premium of $576,417.84 plus broker and interface fees, with favorable terms including no new lasers at renewal and a 50% rate cap. A subsequent budget amendment of approximately $196,000 will be brought forward to fund the higher premium.

Document date · October 21, 2025

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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

Scope & details

The full contract record, as filed.

Contract amount
$576,417.84 projected annual premium plus $1,250/month broker service fee (annualized $15,000) and $2.20 per member per month BCBS interface fee (projected $30,993.60)
Contract type
INSURANCE
Contract term
Effective for the 2025-2026 plan year (single and family plans; 24/12 contract basis)
Renewal
Recommended 24/12 stop‑loss contract with no new laser at renewal provision and a 50% premium rate cap; future renewals subject to these constraints. Budget change for $196,000 will be requested later to cover increased premiums.
Document type
AgendaPacket
Source document
Montgomery County Commission Agenda Packet 2025-10-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Montgomery County?

Tokio Marine Hcc Life Insurance Company was awarded this insurance contract by Montgomery County, as recorded on October 21, 2025. The contract value is $576,417.84 projected annual premium plus $1,250/month broker service fee (annualized $15,000) and $2.20 per member per month BCBS interface fee (projected $30,993.60).

How much is the Tokio Marine Hcc Life Insurance Company contract with Montgomery County worth?

The Tokio Marine Hcc Life Insurance Company contract with Montgomery County is valued at $576,417.84 projected annual premium plus $1,250/month broker service fee (annualized $15,000) and $2.20 per member per month BCBS interface fee (projected $30,993.60), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Montgomery County Commission Agenda Packet 2025-10-21 (AgendaPacket), dated October 21, 2025 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tokio Marine Hcc Life Insurance Company hold?

Tokio Marine Hcc Life Insurance Company 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 Tokio Marine Hcc Life Insurance Company's profile

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