Posted Date : March 17,2022
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : EXTRA-17460
Government Authority located in Kingsport, Tennessee; USA based organization looking for expert vendor for benefits consultant services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide benefits consultant services to the government authority located in Kingsport, TN.
- Review current benefit plans and programs and make recommendations to include:
- Modifications to the benefits program as a whole including plan design, cost (rates), premiums/premium equivalents, and quality of current benefit platforms.
- Benchmarking benefit programs/plans to like entities in the local area and state to determine market competitiveness.
- Negotiation with benefit plan providers including but not limited to plan design, cost, quality, discounts, and rebates.
- Self‐funded reinsurance limits, structure, and rates.
- Claims history/trends, areas of concern, potential cost savings, and cost containment strategies
- Assist and provide advice to City staff on:
- Design, implementation, and administration of new and existing programs/platforms including review of plan documents, summary plan descriptions, and benefit structure
- Development, negotiation, and implementation of performance standards and guarantees with benefits providers and provide financial/performance reviews of benefit plans/programs
- Benchmark wellness programs and initiatives including program structure, types of programs offered, incentive programs, participant usage tracking, and compliance with Federal regulations, etc
- Analyze claims data and recommend wellness programs and/or plan changes.
- Analyze on‐site health clinic performance and cost savings data.
- Evaluate and report the performance of plan providers, including analysis and recommendations on best practices and changes as needed.
- Timely communicate federal/state changes or proposed changes that may impact employee and retiree benefit plans and programs
- Review and prepare an analysis of all reports submitted by plan providers and TPA’s and recommend additional reports as needed
- Conduct research and provide results to technical questions posed by City staff.
- Actively monitor ASO/TPA claims management.
- Maintain full and accurate records with respect to all matters and services provided to the City benefit program/plans.
(2) All the questions must be submitted no later than March 24, 2022.
[C] Eligibility:
Onshore (USA organization Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: April 07,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : EXTRA-17460
Government Authority located in Kingsport, Tennessee; USA based organization looking for expert vendor for benefits consultant services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide benefits consultant services to the government authority located in Kingsport, TN.
- Review current benefit plans and programs and make recommendations to include:
- Modifications to the benefits program as a whole including plan design, cost (rates), premiums/premium equivalents, and quality of current benefit platforms.
- Benchmarking benefit programs/plans to like entities in the local area and state to determine market competitiveness.
- Negotiation with benefit plan providers including but not limited to plan design, cost, quality, discounts, and rebates.
- Self‐funded reinsurance limits, structure, and rates.
- Claims history/trends, areas of concern, potential cost savings, and cost containment strategies
- Assist and provide advice to City staff on:
- Design, implementation, and administration of new and existing programs/platforms including review of plan documents, summary plan descriptions, and benefit structure
- Development, negotiation, and implementation of performance standards and guarantees with benefits providers and provide financial/performance reviews of benefit plans/programs
- Benchmark wellness programs and initiatives including program structure, types of programs offered, incentive programs, participant usage tracking, and compliance with Federal regulations, etc
- Analyze claims data and recommend wellness programs and/or plan changes.
- Analyze on‐site health clinic performance and cost savings data.
- Evaluate and report the performance of plan providers, including analysis and recommendations on best practices and changes as needed.
- Timely communicate federal/state changes or proposed changes that may impact employee and retiree benefit plans and programs
- Review and prepare an analysis of all reports submitted by plan providers and TPA’s and recommend additional reports as needed
- Conduct research and provide results to technical questions posed by City staff.
- Actively monitor ASO/TPA claims management.
- Maintain full and accurate records with respect to all matters and services provided to the City benefit program/plans.
(2) All the questions must be submitted no later than March 24, 2022.
[C] Eligibility:
Onshore (USA organization Only)
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office premises.
Budget :
Deadline to Submit Proposals: April 07,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$