Medical, RX Stop Loss Insurance Services

The Collin County Transit Authority in Allen, Texas is seeking a qualified vendor to provide medical and prescription drug stop loss insurance services. The agency requires these services to manage financial risk associated with high-cost healthcare and prescription claims. The selected provider will deliver these insurance services under a contract spanning a one-year period. Bidders must perform all work onsite within the United States, as the agency limits eligibility to onshore entities. The agency accepts digital proposal submissions, which bidders can transmit via email or through an online portal. All questions regarding this procurement must be submitted to the agency no later than June 30, 2026. The agency is currently looking for proposals to determine the budget and cost structure for these services. Evaluation will be based on the submitted proposals that address the stop loss insurance requirements. Bidders must align their submissions with the agency's need for comprehensive medical and prescription drug coverage risk mitigation.