2027 Employee Benefits and Insurance Renewals

At a glance

Based on the posted agenda; outcomes are not yet recorded.

  • What: renewals of the City's employee and retiree benefit contracts for January 1 through December 31, 2027, plus the October 2026 to September 2027 insurance purchases, taken up by the Municipal Facilities Authority on October 27.
  • Largest items: about $111,025,000 for Blue Cross Blue Shield of Oklahoma administrative services and stop loss with Prime Therapeutics prescription administration; $8,164,823 for property, casualty and liability coverage; $4,800,000 for UnitedHealthcare Medicare Advantage retiree plans; $4,100,000 for dental; $2,295,252 for the Premise Health employee medical center; $1,320,000 for group life; $192,000 for the employee assistance plan.
  • Also: airport liability insurance ($114,398), cyber liability ($154,195), IRC section 125 plan administration ($45,000) and eight workers' compensation claim settlements.

Sources

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