Attachment_1_-_Pricing_Structure.docx

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Life Insurance for the OCC
Solicitation number
CC15HQR0017
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Attachment 1 - Pricing structure

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ATTACHMENT 1 – PRICING STRUCTURE

Transition Period (Date of award through December 31, 2015) Type of Coverage

Transition Period
Not separately priced

BASIC LIFE FOR ACTIVE EMPLOYEES

Base Year (January 1, 2016 through December 31, 2016)

Type of Coverage
Biweekly Rate Per $1000 of Coverage

Life coverage for employee (maximum coverage of $300,000)

Option Year 1 (January 1, 2017 through December 31, 2017)

Type of Coverage
Biweekly Rate Per $1000 of Coverage

Life coverage for employee (maximum coverage of $300,000)

Option Year 2 (January 1, 2018 through December 31, 2018)

Type of Coverage
Biweekly Rate Per $1000 of Coverage

Life coverage for employee (maximum coverage of $300,000)

Option Year 3 (January 1, 2019 through December 31, 2019)

Type of Coverage
Biweekly Rate Per $1000 of Coverage

Life coverage for employee (maximum coverage of $300,000)

Option Year 4 (January 1, 2020 through December 31, 2020)

Type of Coverage
Biweekly Rate Per $1000 of Coverage

Life coverage for employee (maximum coverage of $300,000)

BASIC LIFE FOR RETIREES

Base Year (January 1, 2016 through December 31, 2016)

Type of Coverage
Biweekly Rate Per $1000 of Coverage
Life coverage for retirees
$________

Option Year 1 (January 1, 2017 through December 31, 2017)

Type of Coverage
Biweekly Rate Per $1000 of Coverage
Life coverage for retirees
$________

Option Year 2 (January 1, 2018 through December 31, 2018)

Type of Coverage
Biweekly Rate Per $1000 of Coverage
Life coverage for retirees
$________

Option Year 3 (January 1, 2019 through December 31, 2019)

Type of Coverage
Biweekly Rate Per $1000 of Coverage
Life coverage for retirees
$________

Option Year 4 (January 1, 2020 through December 31, 2020)

Type of Coverage
Biweekly Rate Per $1000 of Coverage
Life coverage for retirees
$________

OPTIONAL EMPLOYEE COVERAGE

Base Year (July 1, 2015 through December 31, 2015)

Age Brackets
Biweekly Rate Per $1000 (maximum coverage $300,000)

<35 35-39 40-44 45-49 50-54 55-59 60>

Option Year 1 (January 1, 2016 through December 31, 2016)

Age Brackets
Biweekly Rate Per $1000 (maximum coverage $300,000)

<35 35-39 40-44 45-49 50-54 55-59 60>

Option Year 2 (January 1, 2017 through December 31, 2017)

Age Brackets
Biweekly Rate Per $1000 (maximum coverage $300,000)

<35 35-39 40-44 45-49 50-54 55-59 60>

Option Year 3 (January 1, 2018 through December 31, 2018)

Age Brackets
Biweekly Rate Per $1000 (maximum coverage $300,000)

<35 35-39 40-44 45-49 50-54 55-59 60>

Option Year 4 (January 1, 2019 through December 31, 2019)

Age Brackets
Biweekly Rate Per $1000 (maximum coverage $300,000)

<35 35-39 40-44 45-49 50-54 55-59 60>

OPTIONAL SPOUSE/DOMESTIC PARTNER COVERAGE

Age Brackets
Biweekly Rate Per $1000

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate Per $1000

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate Per $1000

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate Per $1000

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate Per $1000

<35 35-39 40-44 45-49 50-54 55-59 60>

OPTIONAL FAMILY COVERAGE

Age Brackets
Biweekly Rate (per $5,000 employee and $2,500 child)

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate (per $5,000 employee and $2,500 child)

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate (per $5,000 employee and $2,500 child)

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate (per $5,000 employee and $2,500 child)

<35 35-39 40-44 45-49 50-54 55-59 60>

Age Brackets
Biweekly Rate (per $5,000 employee and $2,500 child)

<35 35-39 40-44 45-49 50-54 55-59 60>

ANNUAL PRICE ESTIMATES

Base Year: January 1, 2016 – December 31, 2016

Type of Coverage
Estimated Annual Price
Retiree Basic Life (excluding AD&D)
$ ________________
Employee Basic Life (including AD&D)
$ ________________
Employee Optional Life
$ ________________
Spousal Optional Life
$ ________________
Optional Family Life
$ ________________
Total Estimated Price
$ ________________

Option Year 1: January 1, 2017 – December 31, 2017

Type of Coverage
Estimated Annual Price
Employee Basic Life (including AD&D)
$ ________________
Retiree Basic Life (excluding AD&D)
$ ________________
Employee Optional Life
$ ________________
Spousal Optional Life
$ ________________
Optional Family Life
$ ________________
Total Estimated Price
$ ________________

Option Year 2: January 1, 2018 – December 31, 2018

Type of Coverage
Estimated Annual Price
Employee Basic Life (including AD&D)
$ ________________
Retiree Basic Life (excluding AD&D)
$ ________________
Employee Optional Life
$ ________________
Spousal Optional Life
$ ________________
Optional Family Life
$ ________________
Total Estimated Price
$ ________________

Option Year 3: January 1, 2019 – December 31, 2019

Type of Coverage
Estimated Annual Price
Employee Basic Life (including AD&D)
$ ________________
Retiree Basic Life (excluding AD&D)
$ ________________
Employee Optional Life
$ ________________
Spousal Optional Life
$ ________________
Optional Family Life
$ ________________
Total Estimated Price
$ ________________

Option Year 4: January 1, 2020 – December 31, 2020

Type of Coverage
Estimated Annual Price
Employee Basic Life (including AD&D)
$ ________________
Retiree Basic Life (excluding AD&D)
$ ________________
Employee Optional Life
$ ________________
Spousal Optional Life
$ ________________
Optional Family Life
$ ________________
Total Estimated Price
$ ________________

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