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Committee awards stop‑loss contract to Cigna and raises attachment point to $600,000

5760689 · August 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Aug. 28 meeting the Rutherford County Benefits and Insurance Committee voted to award the county's medical stop‑loss contract to Cigna and to raise the attachment point from $500,000 to $600,000, a change the committee's adviser said should reduce premium while adding per‑claim exposure.

The Rutherford County Benefits and Insurance Committee voted Aug. 28 to award the county's 2026 medical stop‑loss contract to Cigna and to raise the stop‑loss attachment point from $500,000 to $600,000.

Committee advisers from Gallagher recommended the change after an annual stop‑loss review; Gallagher's presenter, identified in the meeting as Miss Smith, said the firm's modeling and a Monte Carlo analysis supported the move and that Cigna's renewal quote was at its contractual cap. "We're…

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