Long Beach

City Council

January 24, 2023 Item #19

Agenda Item 19

19. 23-0082 Recommendation to authorize City Manager, or designee, to execute an\nagreement with VOYA, for healthcare specific stop-loss reinsurance\ncoverage with a $500,000 deductible level, at an estimated cost of\n$2,161,743 for a 12-month period retroactively effective January 1, 2023;\nand, execute any subsequent amendments necessary to maintain current\nbenefit levels and remain in compliance with State and federal laws.\n(Citywide)\nOffice or Department: HUMAN RESOURCES\nSuggested Action: Approve recommendation.\nORDINANCE: