Exhibit 1 - LTD Claims Experience.pdf
PDF 108 KB Posted
- Attached to
- RFP Long-term Disability Insurance
- Solicitation number
- RFP-09005
- Issued by
- Polk County, Florida
About this file
This document is an Exhibit titled "LTD Claims Experience" that provides claims data for a group long-term disability (LTD) insurance policy for the St. Johns River Water Management District. The RFP seeks proposals from qualified insurance providers to provide LTD insurance coverage for District employees in benefit-eligible positions. The successful respondent's proposal must provide fixed rates for a two-year period, with the option to renew for three or more additional 12-month periods.
The claims experience data covers the period from January 1, 2019 through December 31, 2023, including earned premium, paid claims, open reserves, IBNR, and loss ratios. The RFP is for the state of Florida, specifically targeting Putnam County. The successful respondent's proposal must match the current coverage with modifications as outlined in the Statement of Work.
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Other files
| File | Type | Posted |
|---|---|---|
| Exhibit 2 - LTD Benefit Summary.pdf | ||
| Exhibit 3 - LTD Class 1 COI.pdf | ||
| Exhibit 6 - Evaluation Questionnaire.xlsx | XLSX spreadsheet | |
| 39415_RFP_LTD.pdf | ||
| Exhibit 4 - LTD Class 4 COI.pdf |
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Text version
From 01/01/2019 01/01/2020 01/01/2021 01/01/2022 01/01/2023
Through 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 Combined
Earned Premium $ 81,631 $ 79,361 $ 76,750 $ 80,314 $ 91,506 $ 409,562
Paid Claims $ 59,904 $ 257 $ 0 $ 0 $ 0 $ 60,161
Open Reserves $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
IBNR $ 0 $ 0 $ 0 $ 0 $ 27,452 $ 27,452
Total Incurred Claims $ 59,904 $ 257 $ 0 $ 0 $ 27,452 $ 87,613
Loss Ratio 73% 0% 0% 0% 30% 21%
National Insurance Services
Date Prepared:
2/17/2024
AA
CLAIMS REPORT
ST JOHNS RIVER WATER MANAGEMENT
Group Long Term Disability Insurance
Carrier Numbers: 1558
File details come from the government source that posted it. Updated .