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Prosper awards stop‑loss insurance contract, increases deductible to $150,000
Prosper Town Council · November 25, 2025
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Summary
Council approved awarding RFP 2026‑02B for stop‑loss insurance to Evolution Risk Partners, effective Jan. 1, 2026, and approved increasing the town’s deductible from $100,000 to $150,000; staff said the change is expected to yield budget savings to the health fund.
The Prosper Town Council on Nov. 25 approved awarding RFP 2026‑02B for stop‑loss insurance for the town’s self‑funded plan and authorized the town manager to execute documents for coverage effective Jan. 1, 2026, not to exceed $900,000 as presented.
Tony Lewton, who led the presentation, said the town…
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