Long Beach
City Council
Agenda Item 20
20. 26-54719\nRecommendation to authorize City Manager, or designee, to execute an\nagreement with Evolution Risk, for healthcare specific stop-loss reinsurance\ncoverage with a $500,000, deductible level, at an estimated cost of $3,193,000, for\na twelve-month period retroactively effective January 1, 2026; and execute any\nsubsequent amendments necessary to maintain current benefit levels and remain\nin compliance with state and federal laws. (Citywide)\nOffice or Department:\nHuman Resources\nSuggested Action:\nApprove recommendation.