The Vendor is required to provide employee benefit carrier to provide comprehensive insurance and claims administration services for agency employee benefit programs.
- Competitive premiums and insurer costs, while also presenting innovative insurance solutions and alternative approaches to risk sharing and underwriting.
- Include clear terms for rate guarantee periods to ensure cost stability for the duration of the agreement; the goal is to identify a partner who can deliver efficient, cost-effective benefits administration, optimize financial outcomes, and provide flexible risk management strategies that align with the organization’s benefits objectives and long-term workforce needs.
- Life Insurance
- Critical Illness
- Short Term Disability
- Absence Support Services
- Long Term Disability
- Accidental Death & DisInstitutionment
- Extended Health Care Dental
- Spending Accounts (health care spending accounts and taxable spending accounts)
- Eligibility for benefits and the underlying benefit provisions vary by institution and by employee groups within each institution.
- Other benefits that are included within the agency sector benefits program include employee and family assistance program, medical second opinion services, and retirement savings programs.
- The below categories of benefits:
• Category 1: Life insurance, short term disability, absence support services, long term disability
• Category 2: Accidental death & DisInstitutionment, critical illness
• Category 3: Extended health care, dental, spending accounts
- Contract Period/Term: 1 year
- Questions/Inquires Deadline: March 4, 2025