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HealthSpring Selected for Vermont Retiree Health Coverage

Vermont transitioned Medicare-eligible retired teachers to HealthSpring during the second half of 2025. The change maintained benefits, limited the increase to 16%, and is projected to save the State more than $20 million annually.

Document date · January 15, 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
16% rate increase; projected State savings of more than $20 million annually
Contract type
INSURANCE
Contract term
Transition implemented in the second half of 2025; future rate caps included
Renewal
Contract includes negotiated rate caps for future years; specific renewal dates were not stated.
Document type
Report
Source document
Vermont State Treasurer 2025 Annual Report 2026-01-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Vermont Green Mountain Secure Retirement Plan Board | State of Vermont?

HEALTHSPRING was awarded this insurance contract by Vermont Green Mountain Secure Retirement Plan Board | State of Vermont, as recorded on January 15, 2026. The contract value is 16% rate increase; projected State savings of more than $20 million annually.

How much is the HEALTHSPRING contract with Vermont Green Mountain Secure Retirement Plan Board | State of Vermont worth?

The HEALTHSPRING contract with Vermont Green Mountain Secure Retirement Plan Board | State of Vermont is valued at 16% rate increase; projected State savings of more than $20 million annually, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Vermont State Treasurer 2025 Annual Report 2026-01-15 (Report), dated January 15, 2026 from Vermont Green Mountain Secure Retirement Plan Board | State of Vermont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does HEALTHSPRING hold?

HEALTHSPRING 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 HEALTHSPRING's profile

What is Vermont Green Mountain Secure Retirement Plan Board | State of Vermont currently buying?

Explore Vermont Green Mountain Secure Retirement Plan Board | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Vermont Green Mountain Secure Retirement Plan Board | State of Vermont's profile