Q&A Document 3.pdf

PDF 2 KB Posted

Attached to
Insurance Brokerage Services
Solicitation number
24-2524R
Issued by
Muskegon County, Michigan

About this file

This document is a Questions and Answers (Q&A) document for Solicitation 24-2524R for Insurance Brokerage Services issued by Muskegon County, Michigan. The document contains four questions from potential bidders dated 02/27/2024, addressing key details about the county's current insurance program, including premium spend, medical plan design, broker compensation, and contribution structures. All answers direct respondents to review the details on page two of Addendum #3.

The Q&A reveals that the current broker compensation is commission-based, with no specific preference for commission or flat fee structures. The county appears to have multiple medical plan options, though the specific number of plans and their distribution across employee classes would be detailed in the referenced Addendum #3. The document indicates that additional details about current premium spending, medical plan subscriber breakdowns, and employer/employee contribution percentages for medical, dental, and vision coverage are also contained in the referenced addendum, suggesting that potential bidders should carefully review Addendum #3 for comprehensive program details.

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Other files

File Type Posted
24-2524 Insurance Brokerage Services.pdf PDF
W9 BLANK.pdf PDF
Q&A Document 1.pdf PDF
Q&A Document 2.pdf PDF
24-2524 Insurance Brokerage Services Addendum #3.pdf PDF

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Questions & Answers - 3

Solicitation 24-2524R - Insurance Brokerage Services

Buying Organization Muskegon County

No Question/Answer Question Date

Q3 Question: Current Premium Spend

Hello - to better tailor cost savings solutions, will the county share information regarding current premium spend for medical coverage?

Answer: Please see chart on page two (2) of Addendum #3.

02/27/2024

Q4 Question: Medical Plan Design/Subscribers

Hello - Are all 6 of the different medical plan options offered to all employees? If not, can you share which classes of employees are offered which plans? Could you also share the breakdown of how many subscribers per plan offering and if available total members covered (spouses and children).

Answer: Please see chart on page two (2) of Addendum #3.

02/27/2024

Q5 Question: Broker Compensation

How is broker/consultant compensation currently structured? Does the County have a preference on whether it is commission based or a flat fee?

Answer: Current structure is commission based. There is no preference. (Also contained in attached

Addendum #3).

02/27/2024

Q6 Question: Contribution Structure

What is the employer/employee contribution structure? What % does the County pay for medical, dental, vision?

Answer: Please see the chart on page two (2) of Addendum #3.

02/27/2024

Questions & Answers - 3

File details come from the government source that posted it. Updated .