MB-3353 - USA (Oklahoma) - Actuarial Services for Multiple Injury Trust Fund - Deadline August 26,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3353

Government Authority located in Oklahoma; USA based organization looking for expert vendor for actuarial services for multiple injury trust fund.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide actuarial services for multiple injury trust fund, a quarterly actuarial valuation report that analyses cash-flow needs encourage employers to hire physically impaired persons without fear of paying for disabilities having nothing to do with the claimants’ employment-related accidents,
- Insurers (including own risk and self-insurers) writing workers’ compensation insurance in the state
pay a yearly premium assessment into the fund for its obligations,
- Review annual claims data and evaluate actuarial assumptions, assess short-term and long-term
disability risk exposure,
- Determine the annual liability for unpaid claims and claims incurred but not reported,
- Analyse new legislation and the impact on cash-flow and recommend new forms of revenue and
 legislative changes,
- Develop and use an approved form of written report to communicate to multiple injury trust fund the results of the financial analysis that documents the approach, findings and recommendations.
(2) A contract term will be for one year.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Monday, 26 August, 2019

Category : Medical Billing and Coding

Country : USA

State : Oklahoma

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