(1) Vendor needs to provide employee benefit broker and consulting services to the government authority located in Arkansas. • Evaluation of plan design and strategic recommendations.• Partner with client to identify strategic goal based on recommendations.• Creates a multiyear strategic benefit plan that aligns with company goals.• Ongoing review of benefit programs, including coverage and claims analysis and recommendations for improvements.• Provides updates on current insurance market conditions, trends and emerging risks that may affect client’s insurance plans.• Work with client to develop funding and contribution strategies.• Assist with budget projections for design alternatives.• Analysis of benefit utilization and cost trends• Data collection, organization and interpretation related to claims experience.• Performance of benchmark analysis of peers and market• Presentation of renewal information to Client, aligned with strategic goals.• Provisions of expertise related to benefit compliance.• Provides online access to benefit policies, important and urgent updates and compliance tools.• Brokerage services include software to manage benefits administration with an online platform, without additional cost.(2) All questions had been submitted no later than April 22, 2024. (3) The contract term will be one year.
↧