Dept/ Agency: Administration/Division of Personnel Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Contract for Health Insurance Benefits - Stop Loss Coverage Purpose: To provide Stop Loss Coverage for Aetna Health Insurance Plan Entity Name: United States Fire Insurance Company Entity Address: 5 Christopher Way, Eatontown, New Jersey 07724 Contract Amount: Estimated Cost of $4,111,753.00 Funding Source: 2023 Budget Contract Period: February 1, 2023 through December 31, 2023 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. (X) Insurance ( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: