INSURANCERENEWED

Geneva Renews Medical Insurance with BCBSIL

The City of Geneva renewed its employee medical insurance coverage with Blue Cross Blue Shield of Illinois effective November 1, 2022, under PPO, HSA, and HMO plan options. The broker negotiated a 4% renewal rate increase, and the City’s estimated total contribution for all group benefit plans is $2,415,868 for the 2022/2023 plan year.

Status
RENEWED
Document date
August 15, 2022
Contract type
INSURANCE
Vendor
Blue Cross Blue Shield Bcbsil
Agency
Town of Geneva · IL

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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
$2,415,868 (City’s estimated contributions for all group benefit plans)
Contract type
INSURANCE
Contract term
Policy effective date November 1, 2022; policy anniversary date November 1, 2023
Renewal date
2023-11-01
Renewal
Renewal for the 2022/2023 plan year with a 4.00% rate increase negotiated down from an initial 8.60% proposal. Policy anniversary is November 1, 2023; future renewals will follow annual open enrollment in mid-September with plan anniversary each November 1.
Document type
Resolution
Source document
city_of_geneva_employee_benefit_plan_renewal_resol.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Geneva?

Blue Cross Blue Shield Bcbsil was awarded this insurance contract by Town of Geneva, as recorded on August 15, 2022. The contract value is $2,415,868 (City’s estimated contributions for all group benefit plans).

How much is the Blue Cross Blue Shield Bcbsil contract with Town of Geneva worth?

The Blue Cross Blue Shield Bcbsil contract with Town of Geneva is valued at $2,415,868 (City’s estimated contributions for all group benefit plans), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city_of_geneva_employee_benefit_plan_renewal_resol.pdf (Resolution), dated August 15, 2022 from Town of Geneva. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blue Cross Blue Shield Bcbsil hold?

Blue Cross Blue Shield Bcbsil 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 Blue Cross Blue Shield Bcbsil's profile

What is Town of Geneva currently buying?

Explore Town of Geneva's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Geneva's profile

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