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Committee recommends Companion Life stop‑loss contract for city’s self‑funded health plan
3683742 · June 4, 2025
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Summary
The committee recommended awarding a stop‑loss insurance contract to Companion Life for the city's self‑funded health plan; staff said the contract reflects a projected 14% increase driven by expected claims and adds access to a gene‑therapy program component.
The Finance Committee recommended that the City Council approve a stop‑loss insurance contract with Companion Life for the city’s self‑funded health care account.
Darren Hass, human resources, presented the contract and said the proposal reflects a 14% increase based on expected claims but that the…
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