INSURANCERECOMMENDED

Silverton Recommends CEBT PPO5 Insurance Renewal

Silverton staff recommended renewing employee medical coverage through CEBT for 2027, using PPO5 as the employer-paid base plan and PPO4 as an employee-paid buy-up option. The proposed arrangement carries approximately $281,532 in annualized premiums and is expected to increase Town costs by about 4%.

Document date · October 12, 2026

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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
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
Approximately $281,532 annualized for proposed PPO5/PPO4 coverage; approximately $276,828 under the current structure
Contract type
INSURANCE
Contract term
January 1, 2027 – December 31, 2027
Renewal date
2027-01-01
Renewal
CEBT renewal materials state that renewal must be completed by October 9, 2026, for coverage effective January 1, 2027. The Town may offer up to three medical plans and must provide written notice of termination by November 1, 2026, to avoid forfeiting run-out claims.
Document type
AgendaPacket
Source document
Town of Silverton AgendaPacket Board of Trustees Meeting 2026-10-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Silverton?

CEBT was awarded this insurance contract by Town of Silverton, as recorded on October 12, 2026. The contract value is Approximately $281,532 annualized for proposed PPO5/PPO4 coverage; approximately $276,828 under the current structure.

How much is the CEBT contract with Town of Silverton worth?

The CEBT contract with Town of Silverton is valued at Approximately $281,532 annualized for proposed PPO5/PPO4 coverage; approximately $276,828 under the current structure, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Silverton AgendaPacket Board of Trustees Meeting 2026-10-12 (AgendaPacket), dated October 12, 2026 from Town of Silverton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CEBT hold?

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