3-Attachment 4 Cost Proposal.xlsx

This is a Cost Proposal document for Florida Virtual School's insurance benefits procurement, detailing rate structures and plan provisions for Group Term Life, Accidental Death & Dismemberment (AD&D), Short-Term Disability, Long-Term Disability, and other financial benefits. The proposal covers an employee population of approximately 3,641 covered lives for basic life and AD&D, with 3,575 to 3,608 lives across the disability and supplemental benefit plans. The document presents proposed benefit volumes, rate structures, and plan provisions across multiple insurance categories, including voluntary life insurance with age-based rating brackets for employees, spouses, and children, as well as disability coverage at varying benefit levels.

The cost proposal indicates estimated monthly and annual premium figures, though specific dollar amounts are shown as $0 in most fields, suggesting either incomplete data entry or placeholder values awaiting carrier completion. The proposal includes rate guarantee provisions with a minimum three-year guarantee period across all plans and addresses plan provisions such as required participation levels, eligibility criteria, grandfather status for current participants, and open enrollment options. Additional provisions reference effective dates for age bracket changes and implementation credits, with total proposed benefit volumes reaching approximately $142.8 million for basic life coverage and $893,750 to $19.9 million for disability plans. The document also references Jelly Vision as a provider for other financial benefits with a budget allocation of $0, suggesting supplemental benefit offerings to the core insurance package.