Responses_to_questions_for_Pre-conference.docx

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LE STAFF HEALTH INSURANCE SERVICES
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SRW600-15-R-0002
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Responses to questions from Pre-conference

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11/25/2014 PRE CONFERENCE FOR HEALTH INSURANCE

1) Question: Can you please provide the solicitation in a soft copy?

Answer: Yes we will forward it

2) Question: Is the premium adjustment in each renewal year will exactly equal to the claim paid from the past year?

Answer: No prices may be adjusted upward or downward, any request for adjustment shall be in accordance with B.4. Economic price adjustment-health insurance premiums for more detailed information.

3) Is there a preferred list of hospitals?

Answer: No

4) Question: Can you clarify the required pricing structure? As per the solicitation there are 4 option-years of the contract with bi-weekly rates per category, are we expected to quote for each option year and bi-weekly?

Answer: Yes, you must quote the base year, and each option year, total 5 years. You will have to provide the rates for bi-weekly rate per category.

5) Question: Kindly clarify if the options of years of the contract mean that the amount has to be quoted premium for 5 years?

Answer: Yes, offeror has to submit: Base year plus each option year, total of the 5 years.

6) Question: When will the contract start?

Answer: The estimated start date for this contract is early 2015

7) Question: Is there a target premium?

Answer: Target Premium will not be provided.

8) Question: Can you clarify the required pricing structure?

Answer: The contract is for 5 years, (1 base year plus 4 (1) option years.

9) Question: Are we expected to provide rates on a bi-weekly rate per category?

Answer: The premium payment frequently is bi-annual, however, biweekly rates need to be quoted (annual rates divided by 26 will give bi-weekly rate).

10) Question: Please clarify the retention amount?

Answer: Retention isn’t subject to adjustment. This is for the base and option years.

FOR THE BI-WEEKLY AS REQUESTED:

THE PEMIUM PAYMENT FREQUENCY IS BI-WEEKLY HOWEVER, BI-WEEKLY RATES NEED TO BE QUOTED (annual rate divided by 26 will give bi-weekly rate per category).

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