stoplossadd1v2.pdf

This document is an addendum to a solicitation for a state stop loss insurance contract. The addendum is being issued by the State Office of Purchasing on behalf of the State Employees' Health Insurance Board. The addendum provides updates to the scope of work, changes to key dates, and additional information for bidders.

The addendum outlines revisions to the scope of work, including additional coverage requirements and increased employee headcount. The bid due date has been extended to June 30, 2023, and the anticipated award date is now September 1, 2023. A mandatory bidder's conference will be held on June 1, 2023. The contract term is for three years with two one-year renewal options.

The addendum also provides details on pricing, including that the state is seeking fixed monthly premium rates. There is a 20% small business set-aside for this contract. The current incumbent provider is ABC Insurance Company. Funding for this contract will come from state appropriations and employee contributions.