Renewal of stop loss insurance coverage with HM Insurance Company for the City's self-funded medical and prescription drug plan for the October 1, 2026, through September 30, 2027, plan year in the amount of $2,315,271

City Council · 2026-08-04 · agenda_item

This item concerns the renewal of stop loss insurance coverage for the City of Ocala's self-funded medical and prescription drug plan. The coverage is for the plan year October 1, 2026, through September 30, 2027. The renewal is for an amount of $2,315,271. This agenda item has been approved by the City Council. This renewal process involves financial services and insurance providers. Businesses specializing in insurance, financial planning, and administrative support for employee benefits may find opportunities related to this ongoing city service.

plan year

2026 October 1

plan year

2027 September 30

coverage amount

2,315,271 $