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MB-3666 - USA (New York) - Actuarial Services for Self-Insured Workers Compensation Plan - Deadline January 8,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-3666

Government Authority located in New York, USA based organization looking for expert vendor for actuarial services for self-insured workers compensation plan.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide actuarial services for self-insured workers compensation plan includes estimation of necessary reserve funds for the county self-insured worker compensation program contemplating a low expected and high estimate.
- The estimate of necessary reserve is to include a provision for both known claims and claims that have been incurred but not reported appropriately developing each into applicable dollar amounts to reflect ultimate incurred losses
- A breakdown of loss reserves by all members and participants of the workers compensation pool and breakdown of all departments of the sponsors
- Outstanding liabilities broken down by plan participants and individual departments within the county
- A scope of the review including and relevant assumption or limitation applied in calculating the loss reserves
- Any comments or recommendation arising from the analysis
- Summarized data used in performing the loss reserve analysis
(2) Contract period will be for six years

[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 : Wednesday, 8 January, 2020

Category : Medical Billing and Coding

Country : USA

State : New York

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