Gallagher Benefit Services Remains as Agent and Consultant
The company that's handled MCPS' self-insured benefits program for years will remain under contract for the next three years at least.
This is part of the agreement passed 4-1 by School Board members at tonight's meeting.
Gallagher Benefit Services manages the entire insurance process for the district's workforce. Gallagher will also help with a Request for Proposal (RFP) for Vision Insurance required by School Board policy. This will guarantee the School Board maintains its competitive position in the marketplace for a fee not to exceed $15,000.
While the RFP process is funded through the Internal Service Fund, Gallagher's agent fees are paid via commission from the insurance carriers.
This approval also provides compliance with state and district requirements, ensures the self-funded program maintains integrity, and enhances enrollment support and education.
The new contract runs January 1, 2026 - December 31, 2028, and is renewable for up to three additional years with annual expenditures not to exceed $490,000.