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Montgomery County commissioners approve Gerber stop-loss renewal at 12/15 contract
Summary
Commissioners voted unanimously to select Gerber as the county's stop-loss insurer under a 12/15 contract after staff presented renewal quotes and recommended the lowest-cost option on the matrix.
Montgomery County commissioners voted unanimously Thursday to select Gerber as the county's stop-loss insurer under a 12/15 contract, choosing the option with the lowest projected maximum aggregate cost on staff's renewal worksheet.
The vote came after staff reviewed four carrier options and two contract-duration choices, and recommended the Gerber 12/15 option based on projected bottom-line costs. Commissioner Mary moved to adopt the recommendation; the motion received a second and passed with Commissioners Beaver, Cordray and Klubine voting yes.
Why it matters: the stop-loss policy limits the county's exposure to very large employee health claims. Staff said the…
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