Attachment N Historical LTD and STD Premium Payments.xlsx

The file "Attachment N Historical LTD and STD Premium Payments.xlsx" is a detailed historical premium payment record for Short-Term Disability (STD) and Long-Term Disability (LTD) insurance for the State of Nebraska. The document covers premium payments for five consecutive plan years from 2019/20 to 2023/24, tracking monthly premium contributions for approximately 17,221 state employees working 20+ hours per week. The State of Nebraska, through its Department of Administrative Services (DAS) and State Purchasing Bureau (SPB), is seeking a fully insured disability insurance program with STD offering first-day accident and eighth-day illness coverage at 60% income replacement for up to six months, and LTD providing a six-month elimination period with 60% income replacement. The procurement timeline includes questions due by November 27, 2024, proposal submissions due December 19, 2024, an Intent to Award posting on January 8, 2025, and contract award on February 10, 2025, with an initial contract term from July 1, 2025, through June 30, 2027, and three optional one-year renewal periods.

The current program is 100% voluntary, with employees paying full premiums through post-tax deductions, and existing enrollment shows 3,100 employees in STD and 5,763 in LTD coverage. Monthly premiums are approximately $172,798.51 for STD coverage and $87,366.51 for LTD coverage, suggesting an annual contract value around $3.1 million. The historical data demonstrates significant program growth, with STD premiums increasing from $1.15 million in 2019/20 to $1.95 million in 2023/24, and LTD premiums rising from $822,725 to $1 million during the same period. UnitedHealthcare is the incumbent vendor since July 1, 2019, and another vendor, MetLife, has also submitted a response. The procurement does not appear to have specific set-aside designations or restrictions limiting respondent types, and vendors must maintain comprehensive insurance coverage including workers' compensation, commercial general liability, automobile liability, professional liability, and cyber liability, with a true open enrollment and no Evidence of Insurability requirement for current enrollees.