ESTATE-1706 - USA (Norfolk, Virginia) - Health Care Stop Loss Insurance Broker Services - Deadline October 31,2018

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: ESTATE-1706

Government authority located in Norfolk, Virginia, USA based organization looking for expert vendor for health care stop loss insurance broker services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

(1) Vendor needs to provide health care stop loss insurance broker services for high quality, affordable healthcare coverage to their approximately 12,000 employees and over
20,000 family members via a self-insured healthcare plan to the government authority located in Norfolk, VA.
- Coordinate with, and provide recommendations to, representatives designated by the Consortium in the continuing development and enhancement of the Consortium health care stop loss insurance and risk financing plans, including recommendations on coverage changes, program adjustments, industry standards, emerging trends and best practices
regarding health care stop loss insurance programs appropriate for a municipal government of the Consortium’s size and complexity.
- Provide benchmarking data to the Consortium Executive Committee that compares the Consortium coverage, deductible structure, run up period, refund or incentive programs, and
pricing with similar large self-insured healthcare insurance providers served by the Contractor, and, with data from selected resources mutually agreed to by the Contractor and
the Consortium Executive Committee. Benchmarking will be provided in conjunction with presentations of available coverage and at any other time as requested by the Consortium
Executive Committee.
- The Contractor shall identify and make recommendations regarding stop loss insurance market sources that are likely to provide viable offerors of stop loss insurance for the Consortium. The Contractor shall identify both domestic-based insurers, as well as long-established and stable insurance exchanges and facilities that typically write policies or risk financing plans covering larger self-insured healthcare insurance providers.
- The Contractor shall assist the Consortium Executive Committee and supporting staff in inegotiating the most favourable rates, terms, and conditions for stop loss insurance coverage
for the identified effective period.
- The Contractor shall assist the Consortium Executive Committee and staff regarding actual and potential claims submitted to stop loss insurers providing policies which the Contractor
has placed on behalf of the Consortium including claim management and any associated exclusions, incentives, or refunds.
(2) All question must be submitted no later than October 22, 2018.
(3) Contract period will be for one year.

[C] Eligibility:

Onshore (USA Only)

[D] Work Performance:

Not Applicable

Expiry Date : Wednesday, 31 October, 2018

Question Answer Deadline : Monday, 22 October, 2018

Category : Medical Billing and Coding, Marketing and Branding

Country : USA

State : Virginia

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