MB-4134 - USA (Kentucky) - Workers Compensation Funding Commission Actuarial Analysis Services - Deadline May 22,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-4134

Government Authority located in Kentucky; USA based organization looking for expert vendor for workers compensation funding commission actuarial analysis services.

[A] Budget: Looking For Proposal

[B] Scope of Service:

Vendor needs to provide workers compensation funding commission actuarial analysis services.
- Actuarial analysis of the funds used to claims through the state’s Special Fund, Uninsured Employers’ Fund and Coal Workers’ Pneumoconiosis Fund and other services,
- The focus of the report shall be the actuarial soundness and adequacy of the funding mechanisms for the Special Fund, the Coal Workers' Pneumoconiosis Fund, and other programs supported by such mechanisms,
- The projected   number and undiscounted value of all incurred but not reported ("IBNR") claims against each of the funds,
- Total and current undiscounted liability,
- Total and current discounted liability,
- Total and current undiscounted claims adjustment liability,
- Total and current discounted claims adjustment liability,
- Current portion of total liability,
- Claims incurred during the fiscal year,
- Assist auditors with any questions regarding the annual audit.

[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 : Friday, 22 May, 2020

Category : Medical Billing and Coding

Country : USA

State : Kentucky

RFP Expired

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