GICPND1706 LTD NOI.docx
DOCX document 16 KB Posted
- Attached to
- LTD Insurance Carrier Procurement
- Solicitation number
- BD-17-1049-GIC00-07GIC-10557
- Issued by
- Suffolk County, Massachusetts
About this file
This document is a Notice to Long-Term Disability Carriers and Other Interested Parties from the Group Insurance Commission (GIC) of the Commonwealth of Massachusetts. The GIC intends to post a Bid for an insurance carrier for its long-term disability (LTD) benefit, and will require online Quote submission via COMMBUYS. The current LTD benefit design pays 55 percent of salary, up to a monthly maximum of $10,000, after a 90-day elimination period. The program is voluntary and is fully funded by enrollees, with no contribution from the Commonwealth. The full text of the Request for Response (RFR) will be available on or about November 16, 2016 on COMMBUYS, with a tentative due date for responses of December 21, 2016 at 12:00 noon. The GIC reserves the right to reject any or all responses.
The GIC is responsible for negotiating, contracting, and administering group long-term disability coverage for over 40,000 state employees. LTD participants are currently considered disabled if they are unable to perform the material and substantive duties of their regular occupation or if they are working but unable to earn more than 80 percent of their pre-disability earnings due to injury or sickness. The Commonwealth makes no contribution toward the premium, and the GIC is a quasi-independent state agency governed by a seventeen-member Commission.
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Other files
| File | Type | Posted |
|---|---|---|
| Supplier_Diversity_Plan_From_1_Commitment~1.docx | DOCX document | |
| Required Forms - Procurement Phase~3.zip | ZIP file | |
| GICPND1706 RFR.docx | DOCX document |
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Text version
NOTICE TO LONG-TERM DISABILITY CARRIERS
AND OTHER INTERESTED PARTIES
November 4, 2016
This is an announcement only. The Group Insurance Commission (GIC) of the Commonwealth of Massachusetts intends to post a Bid for an insurance carrier for its long-term disability (LTD) benefit, and to require online Quote submission via COMMBUYS. Please do not contact the Purchaser with questions about the anticipated Bid. Bidders are solely responsible for monitoring this site for amendments to this announcement, if any, and for the complete Bid posting, if any. Bidders may monitor the site through publicly accessible search and browse tools, or through COMMBUYS email notification and record tracking tools by ensuring the commodity codes associated with this record are included in the commodity codes section of their COMMBUYS profile. Bidders may elect to subscribe to COMMBUYS immediately or wait until they have reviewed the complete Bid posting including the RFR and its attachments, if any. Bidders who elect to establish a COMMBUYS account must select the Register link on www.commbuys.com and complete the online subscription process. Bidders for this RFR should include the Commodity-EPP code 84-13-16-04 in their COMMBUYS profile.
The GIC was established by the legislature in 1955 to provide and administer health insurance and other benefits to the Commonwealth’s employees and retirees, and their dependents and survivors. The GIC also covers housing and redevelopment authorities’ personnel, participating municipalities, and retired municipal employees and teachers in governmental units. The GIC is a quasi-independent state agency governed by a seventeen-member Commission appointed by the Governor. Commission members encompass a range of interests and expertise including labor and retirees, the public interest, the administration, and health economics. Currently, over 240,000 enrollees and 430,000 people have GIC coverage.
The GIC is responsible for negotiating, contracting, and administering group long-term disability coverage for over 40,000 state employees. The Commission’s current LTD benefit design pays 55 percent of salary, up to a monthly maximum of $10,000, after a 90-day elimination period. The program is voluntary and is fully funded by enrollees. The Commonwealth makes no contribution toward the premium. LTD participants are currently considered disabled if they are unable to perform the material and substantive duties of their regular occupation or if they are working but unable to earn more than 80 percent of their pre-disability earnings due to injury or sickness.
The full text of the Request for Response (RFR) may be obtained via the Internet on or about November 16, 2016 using the Commonwealth’s e-procurement system, COMMBUYS, which is located at www.commbuys.com. The file number for this RFR is Bid BD-17-1049-GIC00-07GIC-10557. It can also be found by searching alternate ID number: GICPND1706. Its title is GICPND1706 Procuring an LTD Consultant for the Group Insurance Commission. Questions regarding the RFR should be directed to Catherine Moore at the Group Insurance Commission, at (617)727-2310 x7033. The RFR will state the schedule and definitive due date for responses, tentatively set for December 21, 2016 at 12:00 noon.
The GIC reserves the right to reject any or all responses or to accept any proposal or portion thereof, if deemed to be in the best interests of the Commonwealth and its insured.
Roberta Herman, M.D.
Executive Director Group Insurance Commission
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