rfp-495-27-scoring.pdf

This is an RFP Scoring Summary document from the New Hampshire Department of Administrative Services, Division of Procurement Support Services, summarizing the evaluation results for group life insurance coverage for the state's eligible full-time employees under RFP-DAS-495-27. Proposals were due July 8, 2026 at 2:00 PM EST. The contract term runs five years from January 1, 2027 through December 31, 2031, with optional renewal for up to two additional years as mutually agreed and approved by the Governor and Executive Council. The scope covers a non-participating, prospectively rated fully insured life and accidental death & dismemberment program, including one employer-paid basic life plan of $50,000 and six employee-paid supplemental options with dependent child coverage. The state has approximately 10,050 employees enrolled in basic coverage with total enrollment volume of approximately $1.1 billion across all plans. Implementation activities must commence within seven days of approval or September 1, 2026, whichever is later.

Evaluation of the three bidders—Securian, MetLife, and Voya Financial (the current incumbent provider since 2021)—employed financial scoring on employer-paid premium (20 points), employee-paid premium (15 points), and total paid premium (15 points) combined with non-financial technical scoring (50 points) for a total of 100 points. Securian scored 76.0 points (Technical: 46.0; Financial: 30.0), MetLife scored 63.1 points, and Voya scored 62.5 points. Bidders were required to be New Hampshire licensed insurance producers or business entities with an A.M. Best rating of B++ or higher, five years of experience with at least three public sector clients, and performance guarantees backed by a minimum percentage of annual premium at risk. Any bidder whose total paid premium exceeded 25 percent higher than the lowest bidder was excluded from further consideration.