RFP_1226__Brokerage_Services_Tab_Sheet.pdf

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Attached to
Brokerage Services for Health Insurance and Benefits
Solicitation number
12-26
Issued by
Volusia County, Florida

About this file

This is a bid tabsheet for RFP 12-26 regarding Brokerage Services for Health Insurance and Benefits for the City of DeBary, Florida. The RFP solicits comprehensive brokerage services covering medical, dental, vision, basic life and accidental death and dismemberment (AD&D), voluntary life and AD&D, short-term disability, and long-term disability coverage. Bidders were required to submit pricing proposals across four compensation structure options: fixed flat fees, commission-based compensation, hourly rates, and hybrid structures. Two bidders responded to the solicitation: Brown & Brown Insurance Services and Weatherford Insurance. Both contractors submitted required supporting documentation including certificates of insurance, IRS Form W-9, evidence of experience and financial status, contractor statutory compliance affidavits, debarment certifications, drug-free workplace certifications, and anti-lobbying certifications.

Brown & Brown Insurance Services submitted commission-based bids across all seven coverage types on a monthly frequency basis, with rates ranging from 4% for medical coverage (at $1,424.46 PEPM) to 15% for dental coverage (at $257.33 PEPM). Weatherford Insurance also bid on all seven coverage types with commission percentages ranging from 5% for medical to 10-15% for other coverages, resulting in a total average commission rate of 12% compared to Brown & Brown's 11%. Both bidders declined to submit bids for fixed flat fees, hourly rates, and hybrid structures. Neither bidder submitted bids indicating they would adjust commission rates based on current or projected carrier baseline commissions.

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Item # Medical Coverage

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$1,424.46 Monthly N/A 4% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 5% N/A None

3 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

4 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

YES-N/A

YES-N/A

Exhibit H- RFP 12-26 Excel Price Submission Sheet

Exhibit E - Confidential Information Itemization Log (If Applicable)

Exhibit G - Evidence of Experience and Financial Status

SunBiz

Exhibit F - Major Subcontractors (If Applicable)

Certificate of Insurance IRS Form W-9

Exhibit B - Certification Regarding Debarment Exhibit A - Drug-free Workplace Certification

YES YES

Exhibit D - Contractor Statutory Compliance Affidavit Exhibit C - Byrd Anti-Lobbying Amendment Certification YES

YES

YES

YES

Weatherford Insurance

YES

YES

YES

YES

Bid Tabsheet RFP 12-26 - Brokerage Services for Health Insurance and Benefits

ITB or Request for Proposal and Contractor Acknowledgement Brown & Brown Insurance Services

YES-N/A

YES

YES

YES

YES

YES

YES

YES

YES

YES

YES

YES

Item # Dental Coverage

(Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$257.33 Monthly N/A 15% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 10% N/A None

7 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

8 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

Item # Vision Coverage

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$35.44 Monthly N/A 10% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 10% N/A None

11 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

12 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

Brown & Brown Insurance Services Weatherford Insurance

Item # Basic Life & AD&D Coverage

(Monthly, Quartly, Annually

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$48.07 Monthly N/A 10% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 15% N/A None

15 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

16 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

Item # Voluntary Life & AD&D Coverage

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$115.59 Monthly N/A 15% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 15% N/A None

19 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

20 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

Item # Short-Term Disibility Coverage

(Monthly, Quartly, Annually

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$94.79 Monthly N/A 10% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 15% N/A None

23 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

24 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None

Item # Long-Term Disibilty Coverage

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Frequency (Monthly, Quartly, Annually)

PEPM Commission Percentage Fee Comments

Fixed, Flat Fee includes all costs associated with the performance of the Contract including online platform, travel and out-of-pocket expenses incurred by the Contractor, its parent, sister or subsidiary companies and contractors.

NO BID NO BID N/A NO BID None NO BID NO BID N/A NO BID None

Commission-Based Compensation is paid by the insurance company, which is included in the premium paid by the City.

$171.91 Monthly N/A 15% N/A

Current / Projected -changes per carrier baseline commissions

Monthly N/A 15% N/A None

27 Hourly Rate for services rendered. The Broker shall provide detailed time records with each invoice. N/A N/A N/A NO BID None N/A N/A N/A NO BID None

28 Hybrid Structure, a combination of the above methods. NO BID NO BID NO BID NO BID None NO BID NO BID NO BID NO BID None 11% 12%

Total Average % Total Average %

Sheet1

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