Stop Loss Insurance Service
- Client
- Wichita Falls, Texas
- RFP Number
- INSU-6624
- Posted
- 10/16/2026
- Category
- Insurance Services
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe City of Wichita Falls seeks proposals from authorized onshore USA organizations for a one-year term contract to provide medical and pharmacy stop loss insurance services for its employee benefits plan. Eligible vendors must secure professional liability insurance, provide a minimum of three references, and execute required state certifications, including the Certification of No Boycott. Vendors must submit two sealed proposals on electronic thumb drives to the City's Purchasing Department and one thumb drive to HUB International by November 3, 2026, at 4:00 PM CST. Questions regarding the solicitation are due by October 20, 2026. Proposals will be evaluated up to 100 total available points across four criteria: proposal completeness, experience with public entities or self-funded employers, cost competitiveness, and references.
Key solicitation details
AI-extracted from RFP 08-26 STOP LOSS.pdf. Confirm against the original documents before bidding.
The City of Wichita Falls is seeking proposals from qualified vendors to provide Medical and Rx Stop Loss Insurance for its medical and pharmacy employee benefits plan. The plan covers active and retired employees, with implementation effective January 1, 2027. All responsible offerors are eligible to submit proposals.
- Issued by
- CITY OF WICHITA FALLS
- Questions due
- no later than 5:00 PM CST on October 20, 2026
- Addendum posted
- October 23, 2026
- Proposals due
- NOVEMBER 3, 2026 – 4:00 PM CST
- Plan implementation effective date
- January 1, 2027
- How to submit
- Sealed hard copy/electronic thumb drive
- Submission details
- Two sealed proposals (2 electronic thumb drives) to City of Wichita Falls, Attention: Purchasing Department, 1300 7TH Street, Room 2B18, Wichita Falls, TX 76301. One fully prepared, signed proposal via electronic thumb drive to Brooke Bare of HUB International at 10000 N. Central Expressway, Suite 1200, Dallas, TX 75231. Envelopes must be labeled STOP LOSS REQUEST FOR PROPOSAL – 08-26.
- Contract term
- One (1) year term with four (4) one (1) year options to renew.
- Place of performance
- Wichita Falls, TX / Onsite or offsite
- Insurance and bonding
- Professional Liability Insurance (Errors and Omissions Insurance) with minimum limits of $1,000,000 per claim and $2,000,000 annual aggregate.
- Funding
- Section 252, 2269 and/or 2254 of Local Government Code
How proposals are evaluated
| Thoroughness and Responsiveness | 20 |
| Stop Loss Coverage Options | 30 |
| Experience with Stop Loss | 20 |
| Cost Competitiveness | 20 |
| References | 10 |
Scope of work
- Medical Stop Loss Insurance
- Rx Stop Loss Insurance
Minimum qualifications
- Demonstrated relevant experience providing specific stop loss coverage to public entities or Self-Funded employers
- Insurance company authorized to do business in the State of Texas
Documents to include with the bid
- Financial Information (most recent annual report and parent company report if applicable)
- Current A.M. Best, Standard & Poor's, Weiss, and/or Moody's ratings
- Completed Excel Submission Form (Stop Loss Pricing)
- Completed Stop Loss Questionnaire
- Contract Terms and Exceptions list
- Minimum of three (3) client references
- Certification of No Boycott forms
- Form 1295 Certificate of Interested Parties
- Form CIQ Conflict of Interest Questionnaire
- W-9 Form
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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