Board Seeks Aetna Stop Loss Insurance Contract Approval
Newark Public School DistrictSchool · Newark, NJ- Disclosed value
- $5,200,000 based on 5,945 enrolled employees; actual spend will vary based on changes in headcount
- From staffreport
- Document date
- Jun 16, 2026
- Term
- July 1, 2026 through June 30, 2027
- Renews
- Free account
The 30-second brief
The Newark Board of Education is seeking approval to award Aetna Life Insurance Company a stop loss insurance contract for its self-insured medical plan. The proposed coverage runs from July 1, 2026, through June 30, 2027, at an estimated cost of $5.2 million based on 5,945 enrolled employees.
Aetna Life Insurance Company holds this insurance contract with Newark Public School District. Its other public contracts on record include work for Greater Cleveland Regional Transit Authority and City of Grandview.
The renewal date is on record. A free account shows it, with the renewals for every Newark Public School District contract.
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Contract details
- Contract type
- Insurance
- Amount
- $5,200,000 based on 5,945 enrolled employees; actual spend will vary based on changes in headcount
- Document date
- June 16, 2026
- Term
- July 1, 2026 through June 30, 2027
- Renews
- Free account
- Source document
- Newark Board of Education StaffReport Stop Loss Insurance Coverage 2026-06-16 (StaffReport)
Aetna Life Insurance Company's other public contracts
More Newark Public School District contracts
Questions about this contract
Who was awarded the insurance contract by Newark Public School District?
Aetna Life Insurance Company was awarded this insurance contract by Newark Public School District, as recorded on June 16, 2026. The contract value is $5,200,000 based on 5,945 enrolled employees; actual spend will vary based on changes in headcount.
How much is the Aetna Life Insurance Company contract with Newark Public School District worth?
The Aetna Life Insurance Company contract with Newark Public School District is valued at $5,200,000 based on 5,945 enrolled employees; actual spend will vary based on changes in headcount, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Newark Board of Education StaffReport Stop Loss Insurance Coverage 2026-06-16 (StaffReport), dated June 16, 2026 from Newark Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Aetna Life Insurance Company hold?
Aetna 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.
What is Newark Public School District currently buying?
Explore Newark Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.