Banerjee and Associates, Inc..docx

This document is a potential subcontractor profile for Banerjee and Associates, Inc. (d/b/a Adantai), related to the Indiana Family and Social Services Administration's Office of Medicaid Policy and Planning solicitation for managed care organizations to provide statewide risk-based Medicaid services. The solicitation encompasses four programs—Hoosier Healthwise, Healthy Indiana Plan, Hoosier Care Connect, and Indiana PathWays for Aging—collectively serving approximately 1.5 million Hoosiers. Proposals are due November 6, 2026, with a pre-proposal conference scheduled for September 10, 2026. Written questions are due September 11, 2026, with responses by October 2, and a second question round closes October 9 with responses by October 23. Proposal discussions, oral presentations, and Best and Final Offers are anticipated in May 2027, with Award Recommendation in July 2027. The contract term is four years with two optional one-year renewals, potentially totaling six years.

Respondents must demonstrate current MCO service in at least one state and at least five years of prior MCO experience, with mandatory requirements including Indiana licensure as health maintenance organizations and NCQA accreditation by contract start or no later than the end of the second full calendar year. Administrative offices must be located within five miles of the Indiana Government Center in Indianapolis. The total estimated base capitation across all programs exceeds $4.9 billion for the initial rating period, with state fiscal year 2027 capitation rates ranging from $228.72 to $3,468.29 PMPM depending on the program. Evaluation criteria total 90 points (91 with bonus), including Management Assessment and Quality (75 points), Oral Presentations (5 points), Buy Indiana Initiative (5 points), and Indiana Veteran Owned Small Businesses (5 points with 1 bonus point). Contractors must maintain minimum Risk Based Capital ratios of 300 percent per NAIC standards and purchase commercial reinsurance with attachment points not exceeding $2 million. Compliance performance is tied to a pay-for-outcomes program withholding 1.85-2.25 percent of capitation payments annually from 2029-2034. Banerjee and Associates, Inc. is identified as a potential subcontractor, with Dr. Anu Banerjee (Founder/Principal) listed as the primary contact at 20 Toggletown Road, Clinton, NY 13323.