Fully Insured Exempt Employee Basic Group Life and Accidental Death and Dismemberment (AD&D) Insurance and Group Voluntary Supplemental Life Insurance

The Ohio Department of Administrative Services (DAS) Competitive Selection Contract CSP900321 provides a comprehensive life insurance and accidental death and dismemberment (AD&D) insurance program for state employees. This indefinite delivery vehicle enables Ohio state agencies to access fully insured employee life insurance services, including basic group life coverage and voluntary supplemental life insurance options. The contract covers a range of insurance products with tiered pricing based on age groups, tobacco use status, and different coverage levels for employees, spouses, and children.

Minnesota Life Insurance Company (Securian) is the prime contractor for this IDV, with a contract period from January 1, 2024, to December 31, 2025. The contract is a mandatory use, competitive selection vehicle covering the state of Ohio, with no guaranteed purchase volume. Pricing is structured with rates ranging from $0.117 per $1,000 for basic life coverage, with varying rates for different age ranges and user categories. The contract includes Net 30 payment terms and has been amended twice, with the most recent amendment extending the contract for an additional 24 months while maintaining the original pricing and terms.