Attachment B Health Plan Annual Report.pdf

The provided file appears to be Attachment B titled "Health Plan Annual Report" referenced in the Nebraska Department of Administrative Services (DAS) State Purchasing Bureau's RFP Number 120005 O5 for Consulting and Actuarial Services. The RFP seeks a vendor to provide comprehensive consulting and actuarial services for five self-insured health plans covering approximately 13,300 eligible public servants and their families. Key deliverables include actuarial analysis, data analytics, premium equivalent calculations, IBNR calculations, Value on Investment reporting for wellness programs, budget reporting, RFP assistance, and ACA compliance tracking. Electronic responses are due January 6, 2025, at 2:00 PM Central Time, with award expected February 20, 2025, and services starting March 1, 2025. The initial contract term is two years with three one-year renewal options.

The contract will require vendors to maintain insurance coverage including $2 million general liability aggregate, $5 million umbrella/excess liability, and $5 million cyber liability. Current incumbents include United Healthcare (health and pharmacy benefits), Hartford (life insurance), ASI Flex (flexible spending), Deer Oaks (EAP services), and Gallagher Benefit Services (VEBA administration). The annual health fund investment exceeds $167.2 million. Pricing must remain fixed for the first two years with subsequent increases limited to 4% per period, structured as an annual rate paid in 12 equal installments plus potential hourly rates for special projects. No specific set-asides for disadvantaged enterprises are included in this solicitation.