INSURANCERECOMMENDED

HealthSpring Contract Restructuring Recommended for 2027

Vermont State Teachers’ Retirement System staff recommended pursuing a delinked HealthSpring contract for calendar year 2027, separating medical and prescription drug coverage. The change could save approximately $3.2 million while reducing projected member rate increases.

Document date · August 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 $3.2 million in projected cost savings
Contract type
INSURANCE
Contract term
Calendar year 2027
Renewal date
2027-01-01
Renewal
Planned CY2027 renewal or contract restructuring; medical and prescription drug components would be separated. Final due diligence remains pending.
Document type
Minutes
Source document
Vermont State Teachers' Retirement System Minutes Board of Trustees Meeting August 12, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Vermont State Teachers Retirement System | State of Vermont?

HEALTHSPRING was awarded this insurance contract by Vermont State Teachers Retirement System | State of Vermont, as recorded on August 12, 2026. The contract value is Approximately $3.2 million in projected cost savings.

How much is the HEALTHSPRING contract with Vermont State Teachers Retirement System | State of Vermont worth?

The HEALTHSPRING contract with Vermont State Teachers Retirement System | State of Vermont is valued at Approximately $3.2 million in projected cost savings, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Vermont State Teachers' Retirement System Minutes Board of Trustees Meeting August 12, 2026 (Minutes), dated August 12, 2026 from Vermont State Teachers Retirement System | 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 State Teachers Retirement System | State of Vermont currently buying?

Explore Vermont State Teachers Retirement System | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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