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MB-5184 - USA (Woodbridge, New Jersey) - Self Funded Health Benefits Program Services - Deadline May 17,2021

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: MB-5184

Government Authority located in Woodbridge, New Jersey; USA based organization looking for expert vendor for self-funded health benefits program services.

[A] Budget: Looking for Proposals

[B] Scope of Service:

(1) Vendor needs to provide an administrator for its COBRA, FSA and HSA programs.
a. Claims to be funded by weekly wire transfer.
b. Proposer must agree to replicate the existing account structure.
c. Proposer must agree to the following requirements into the service agreement: Initial imprest fund, and future requests for increases to the imprest fund, shall be subject to mutual agreement, however- under no circumstances - shall be an amount exceeding the average weekly (seven consecutive calendar days’) claims cost.
d. Proposer must support weekly claims invoices with detail claim back-up reports in an editable format, the sums of which must reconcile to the totals of the previous/associated wire fund requests. The invoices and supporting detail will begin on the first of the month and end on the last day of the month. See Appendix 3 for minimum required detail needed for weekly/monthly claims invoices.
e. All wires and reports must be itemized – with subtotals – by account structure. Monthly report can be aggregate or by account structure (account structure preferred).
f. Proposer must be able to provide access to claim and utilization reports electronically.
g. Standard reports must be archived indefinitely or available to be downloaded electronically from your site.
(2) All the questions must be submitted no later than April 27, 2021
(3) Pre-bid meeting will be held on April 22, 2021

[C] Eligibility:

- Onshore (US Organization Only);

[D] Work Performance:

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

Expiry Date : Monday, 17 May, 2021

Pre-proposal Conference Date : Thursday, 22 April, 2021

Question Answer Deadline : Tuesday, 27 April, 2021

Category : Medical Billing and Coding

Country : USA

State : New Jersey

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