Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ESTATE-3911

Government Authority located in Lehi City, Utah; USA based organization looking for expert vendor for human resources insurance and broker services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide professional brokerage services for benefits consulting to assist city in the management of its employee health and welfare benefit programs. The qualified consultant will review and evaluate current plan designs and identify competitive options available to the city. Further, the selected consultant will provide strategic recommendations on an on-going basis for appropriate citywide group health and welfare benefit plans to the government authority located in Lehi City, UT.
- Details of Scope:
1. Provide analytical and strategic consulting services on an ongoing basis for group health and welfare benefit plans to the welfare benefit plans to the HR director and the city benefits committee.
2. Provide comprehensive underwriting/financial analysis services (i.e., project total annual funding levels, per member per year funding levels, generate specific dollar amount scenarios, forecast alternative funding scenarios, project future medical inflation scenarios, etc.).
3. Advise the group health and welfare benefit plans fit into city overall compensation and benefit objectives.
4. Advise as to whether current providers are best meeting the needs of the city and/or whether new providers should be sought in light of current and future costs.
5. Review city’s current group health and welfare benefit plan to ensure compliance with state and federal laws governing insurance (i.e., ACA, HIPAA, COBRA, ERISA, USERRA, FMLA, etc.).
6. Assist with the RFP process for selection of carrier(s) and/or TPA(s) for group health and welfare benefit plans.
7. Assist in the negotiation of the contractual terms between Lehi City and selected providers of group health and welfare benefit plans.
8. Ensure that all contracts, plan documents and summary plan descriptions are produced and executed in a timely manner. Review and advise the city as to whether the contract meets the terms negotiated.
9. Regularly review carrier(s) and/or TPA(s) options and recommend implementation strategies to manage and/or reduce cost.
10. Analyze and present plan design and plan utilization information on a quarterly basis to the Human Resources Director.
(2) An optional pre-bid meeting will be held on December 14, 2020.
(3) All questions must be submitted no later than January 11, 2021.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

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

Expiry Date : Wednesday, 13 January, 2021

Pre-proposal Conference Date : Monday, 14 December, 2020

Question Answer Deadline : Monday, 11 January, 2021

Category : Real Estate, Brokerage Services, Maintenance, Repair and Alteration of Property, HR Services, Insurance Services, Professional, Consulting, Administrative or Management Support Services

Country : USA

State : Utah

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