Posted Date : June 11,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ESTATE-2336
Government Authority located Hillsdale, Michigan; USA based organization looking for expert vendor for Employee Benefits Insurance Broker Services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide Employee Benefits Insurance Broker Services to bring these and all related services in-house beginning January 1, 2020, and is seeking the services of licensed insurance
broker, well versed in the employee health and welfare benefits market, to provide a wide range of services including
• Provide information and assistance in choosing various forms of insurance, including health, life, disability, dental, vision, etc. As necessary, prepare bid specifications and solicit proposals from insurance markets that specialize in health and welfare plans. Evaluate bids and bidders, including
administration, claim payment procedures, customer service, network, and financial soundness. Identify the most cost-beneficial packages among various bidders
• Review and make recommendations regarding current and future insurance providers including but not be limited to: healthcare, prescription, dental, vision, life, disability, and tax favored FSA, HRA and/or
HSA arrangements. Preparation or assistance with preparation of quarterly and annual reporting requirements.
• Assistance with employee communications related to benefit enrollment, plan changes, legislative updates or regulatory changes. Assist with the development of custom materials such as employee benefit guides.
• Provide ongoing assistance as needed with plan analysis and cost projections, renewal strategies, benefit plan budgets, compliance issues, marketplace trends and new developments and strategic information on the industry. Provide information on employee benefit issues, trends, and
proposed or new legislation.
• Annual contract review and negotiation (leverage) with benefit providers to get the best deal.
• Provide support to client on vendor plan administration of its health and welfare insurance plans, respond to questions from and provide information to client staff, and support services to resolve other plan operational issues. Assistance in resolving problems with claims or administration of the
benefits.
• Advice on changes to benefit packages based on employee demographics, as well as analysis of previous utilization rates.
• Direct assistance to employees who have benefit, coverage, or claims questions or need help with claims.
• Provide open enrollment support including, but not limited to developing timeline, assisting with the development of open enrollment materials, coordinating and participating in open enrollment meetings and educating employees about their options, as reasonably requested to the government authority located in Hillsdale, MI.
(2) All questions must be submitted no later than June 14, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: June 27,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : ESTATE-2336
Government Authority located Hillsdale, Michigan; USA based organization looking for expert vendor for Employee Benefits Insurance Broker Services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide Employee Benefits Insurance Broker Services to bring these and all related services in-house beginning January 1, 2020, and is seeking the services of licensed insurance
broker, well versed in the employee health and welfare benefits market, to provide a wide range of services including
• Provide information and assistance in choosing various forms of insurance, including health, life, disability, dental, vision, etc. As necessary, prepare bid specifications and solicit proposals from insurance markets that specialize in health and welfare plans. Evaluate bids and bidders, including
administration, claim payment procedures, customer service, network, and financial soundness. Identify the most cost-beneficial packages among various bidders
• Review and make recommendations regarding current and future insurance providers including but not be limited to: healthcare, prescription, dental, vision, life, disability, and tax favored FSA, HRA and/or
HSA arrangements. Preparation or assistance with preparation of quarterly and annual reporting requirements.
• Assistance with employee communications related to benefit enrollment, plan changes, legislative updates or regulatory changes. Assist with the development of custom materials such as employee benefit guides.
• Provide ongoing assistance as needed with plan analysis and cost projections, renewal strategies, benefit plan budgets, compliance issues, marketplace trends and new developments and strategic information on the industry. Provide information on employee benefit issues, trends, and
proposed or new legislation.
• Annual contract review and negotiation (leverage) with benefit providers to get the best deal.
• Provide support to client on vendor plan administration of its health and welfare insurance plans, respond to questions from and provide information to client staff, and support services to resolve other plan operational issues. Assistance in resolving problems with claims or administration of the
benefits.
• Advice on changes to benefit packages based on employee demographics, as well as analysis of previous utilization rates.
• Direct assistance to employees who have benefit, coverage, or claims questions or need help with claims.
• Provide open enrollment support including, but not limited to developing timeline, assisting with the development of open enrollment materials, coordinating and participating in open enrollment meetings and educating employees about their options, as reasonably requested to the government authority located in Hillsdale, MI.
(2) All questions must be submitted no later than June 14, 2019.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: June 27,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$