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EXTRA-10098 - USA (Little Rock, Arkansas) - Benefits Consulting Services - Deadline January 23,2021

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Posted Date : October 27,2020
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : EXTRA-10098
Government Authority located in Little Rock, Arkansas; USA based organization looking for expert vendor for benefits consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide benefits consulting services to the government authority located in Little Rock, AR.
- To provide a broad range of timely consulting, compliance and operational support for the University’s employee benefits programs including self-funded and fully insured offerings with an awareness of the varying resources, priorities, timelines and employee demographics across the diverse campus membership of the University System,
- Specific duties and activities will include but are not limited to:
- Actuarial projections, plan design evaluation and premium recommendations for the University’s self-funded health (including pharmacy) and dental plans,
- Federal and State compliance review and recommendations for existing and proposed employee benefits programs, one-time actions or exceptions and program changes,
- Monitoring and evaluating the potential impact of proposed legislative and regulatory actions on the University’s benefits programs,
- Participation in development and support of employee benefits communications materials and distributions and benefits website maintenance,
- Monitoring the full scope of paid and ancillary benefits programs (including, but not limited to, paid leave, wellness, tuition incentives and family support services) in higher education and relevant competitive markets and recommending employee benefit updates reflecting the University’s benefits objectives and philosophy,
- Assembling bid and evaluation materials for the University’s consideration for fully insured offerings such as life and disability insurance and for specialty secondary coverage such as stop-loss insurance,
- Assembling bids and evaluation materials for the University’s consideration for self-funded health, pharmacy and dental programs including detailed evaluation and projection of network contracts pricing and discounts,
- Participation in and support for system-wide benefits meetings,
- Coordination of data exchange and analyses with TPAs and plan vendors and third-party support services providers,
(2) All the questions must be submitted no later than November 15, 2020.
[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: January 23,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$

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