ESBD_563323_1790371711629_NewsMultiBid 09262026 RFP

This is a Request for Proposal (RFP) for Stop Loss Coverage for Medical and Prescription Drug Benefits issued by the State of Texas. The procurement seeks comprehensive stop loss insurance coverage to protect against catastrophic medical and prescription drug claim costs. The RFP establishes specific requirements for coverage limits, deductibles, and administrative services related to medical and prescription drug benefits management. Responses are due by September 26, 2026, with award anticipated to occur following the evaluation period. The contract term is expected to commence upon execution, with potential multi-year duration and renewal options to be specified in the final contract award documents. A bidders' conference and site visit opportunities may be available to interested vendors seeking clarification on project requirements and scope.

Pricing shall be submitted on a basis to be defined in the detailed RFP specifications, which may include per-member-per-month (PMPM) rates, claims-based fees, or administrative charges. The State of Texas will evaluate proposals based on technical qualifications, pricing competitiveness, experience with stop loss coverage administration, and financial stability of respondents. Any incumbent carrier information and current coverage details are contained within the RFP documents. Funding for this procurement derives from state benefit plan budgets and appropriations. Prospective bidders should review all technical specifications, coverage requirements, and contractual terms detailed in the full RFP documentation to ensure complete understanding of deliverables and compliance obligations.