CSP900321_DAS062_Contract_Rev.pdf
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- Attached to
- Competitive Selection OH|CSP900321
- Contract number
- CSP900321
- Issued by
- Ohio
About this file
This document is a Mandatory Use Contract issued by the Ohio Department of Administrative Services (DAS), General Services Division, Office of Procurement Services for fully insured employee life and accidental death and dismemberment insurance. The contract is with Minnesota Life Insurance Company (Securian), located in St. Paul, Minnesota, under Contract Number CSP900321, with an original effective period from 01/01/21 to 12/31/23 and a subsequent renewal through 12/31/25.
The contract provides basic group life and accidental death and dismemberment (AD&D) insurance, along with voluntary supplemental life insurance for employees. Pricing is structured by age groups and tobacco use status, with rates varying from $0.117 per $1,000 for basic life coverage to more complex tiered pricing for voluntary supplemental life insurance. The rates differ for employees, spouses, and children, with separate pricing for non-nicotine and nicotine users. The contract includes coverage for various age ranges from under 25 to 85+, with pricing increasing with age. The contract terms include Net 30 payment terms and has been amended twice, with the most recent amendment extending the contract for an additional 24 months and adjusting the customer service performance guarantee.
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| CSP900321_DAS062_A2.pdf |
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Text version
Index No.: DAS062
Eff. Date: 01/01/24
STATE OF OHIO
DEPARTMENT OF ADMINISTRATIVE SERVICES
GENERAL SERVICES DIVISION
OFFICE OF PROCUREMENT SERVICES
4200 SURFACE ROAD, COLUMBUS, OH 43228-1395
MANDATORY USE CONTRACT FOR: FULLY INSURED EXEMPT EMPLOYEE BASIC GROUP LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE AND GROUP VOLUNTARY SUPPLEMENTAL LIFE INSURANCE
CONTRACT NUMBER: CSP900321 EFFECTIVE DATES: 01/01/21 TO 12/31/23
* Renewal through 12/31/25
The Department of Administrative Services has accepted Proposals submitted in response to Request for Proposal (RFP) No.
CSP900321 that opened on 03/04/20. The evaluation of the Proposal responses has been completed. The Offeror listed herein has been determined to be the highest ranking Offeror and has been awarded a Contract for the services listed. The respective Proposal response including, Contract Terms & Conditions, any Proposal amendment, special Contract Terms & Conditions, specifications, pricing schedules and any attachments incorporated by reference and accepted by DAS become a part of this Services Contract.
This Requirements Contract is effective beginning and ending on the dates noted above unless, prior to the expiration date, the Contract is renewed, terminated, or cancelled in accordance with the Contract Terms and Conditions.
This Requirements Contract is available to the Department of Administrative Services (DAS), Human Resources Division (HRD), Benefits Administration Services (BAS) as applicable.
The agency is eligible to make purchases of the contracted services in any amount and at any time as determined by the agency. The State makes no representation or guarantee that department will purchase the volume of services as advertised in the Request for Proposal.
This Requirements Contract and any Amendments thereto are available from the DAS Web site at the following address:
www.ohio.gov/procure
* Indicates a twenty-for (24) month contract renewal, per amendment 2.
Eff. Date: 02/18/22
MUTUALLY AGREED UPON CLARIFICATIONS / MODIFICATIONS TO THE RFP
Clarifications and Negotiations Spreadsheet – Response dated 06/15/2020 Supplement One General Terms and Conditions – Response dated 07/20/2020 Offshore Waiver – Response dated 07/24/2020 Securian’s Best and Final Offer – Response dated 07/27/2020 *2022 Performance Guarantee Email – Response dated 02/01/2022
If there are any discrepancies between any of the above documents, the later dated response prevails.
*Indicates update to mutually agreed upon modifications per amendment 1.
Eff. Date: 01/01/21
PRICE SCHEDULE
Fully Insured Exempt Employee Basic Group Life and Accidental Death and Dismemberment (AD&D) Insurance and Group Voluntary Supplemental Life Insurance
CSP900321
UNSPSC CATEGORY CODE: 84131601
OAKS ID - 38511
Cost per $1,000 per Month
Basic Life $0.117
Basic Occupational Accidental Death & Dismemberment (AD&D) $0.012
Voluntary Supplemental Life
Children $0.117
Employee Non-Nicotine Rate Employee Nicotine Rate
Ages Cost per $1,000 Coverage per Month Cost per $1,000 Coverage per Month
Under 25 $0.042 $0.055
25-29 $0.042 $0.060
30-34 $0.051 $0.080
35-39 $0.068 $0.090
40-44 $0.086 $0.124
45-49 $0.128 $0.207
50-54 $0.197 $0.319
55-59 $0.368 $0.474
60-64 $0.564 $0.726
65-69 $1.086 $1.303
70-74 $1.710 $2.333
75-79 $1.710 $2.333
80+ $1.710 $2.333
Page No.: 4
COST SUMMARY FORM CONT’D
Spouse Non-Nicotine Rate Spouse Nicotine Rate
Ages Cost per $1,000 Coverage per Month Cost per $1,000 Coverage per Month
Under 25 $0.050 $0.067
25-29 $0.060 $0.081
30-34 $0.080 $0.108
35-39 $0.090 $0.121
40-44 $0.100 $0.134
45-49 $0.150 $0.202
50-54 $0.230 $0.309
55-59 $0.430 $0.578
60-64 $0.660 $0.887
65-69 $1.270 $1.707
70-74 $2.060 $2.769
75-79 $2.060 $2.769
80+ $2.060 $2.769
CLASS 6 RATES
Child Life $0.234
Employee and Spouse Non-Nicotine Rate Employee and Spouse Nicotine Rate
Ages Cost per $1,000 Coverage per Month Cost per $1,000 Coverage per Month
Under 25 $0.123 $0.160
25-29 $0.123 $0.160
30-34 $0.150 $0.160
35-39 $0.170 $0.238
40-44 $0.270 $0.363
45-49 $0.418 $0.605
50-54 $0.648 $0.933
55-59 $1.040 $1.385
60-64 $1.575 $ 2.123
65-69 $2.558 $3.810
70-74 $4.335 $6.823
75-79 $7.305 $11.497
80-84 $12.309 $19.373
85+ $20.741 $32.645
CONTRACTOR INDEX
CONTRACTOR: CONTRACT NO.: CSP900321
HR306
Minnesota Life Insurance Co.
400 Robert St. North St Paul, MN 55101 TERMS: Net 30
CONTRACTOR’S CONTACT:
Ben Reichert Office: (651) 665-3292 Email: Benjamin.Reichert@securian.com Fax: (651) 665-1541
Eff. Date: 01/01/24
SUMMARY OF AMENDMENTS
Amendment Number
Effective Date Description
2 01/01/24
This amendment is issued to notify that as a result of mutual agreement between the State of Ohio and the Contractor, this contract is renewed for an additional twenty-four
(24) months effective 01/01/24 through 12/31/25.
All other prices, terms and conditions remain unchanged.
1 02/18/22 This amendment is issued to update the percent of calls reviewed for a Customer Service Performance Guarantee from 100% to 75%, effective 01/01/22.
| CONTRACT FOR: FULLY INSURED EXEMPT EMPLOYEE BASIC GROUP LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE AND GROUP VOLUNTARY SUPPLEMENTAL LIFE INSURANCE |
| SUMMARY OF AMENDMENTS |
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