FHFA Vision Insurance

The Federal Housing Finance Agency (FHFA) is soliciting quotations for a fully insured vision care benefits insurance program to cover approximately 600 employees and their dependents, along with FHFA Office of Inspector General (OIG) staff. The vision plan must be a single benefit option offering both in-network and out-of-network coverage, with FHFA paying all premiums for active employees. Key requirements include administering the vision program with a provider network within 35 miles of employees' residences, processing claims within 15 days, maintaining an online portal for claims tracking, and submitting monthly and annual reports. The evaluation will assess the contractor's ability to meet these operational standards as outlined in the Quality Assurance Plan, which monitors customer satisfaction, service responsiveness, claims processing efficiency, and data reporting accuracy. The deadline for submitting questions was November 20, 2025 at 9:00 AM ET, with answers posted on November 20, 2025 at 12:15 PM ET, and quotations are due by December 5, 2025 at 9:00 AM ET for electronic submission to Natalie Wallace.

This procurement carries no set-aside designation and represents an unrestricted competition under NAICS code 524114 (Direct Health and Medical Insurance Carriers). The contract will begin with a transition period from award through March 31, 2026, followed by a base period from April 1 through December 31, 2026, and nine consecutive one-year option periods extending through December 31, 2035. Pricing will be submitted on a fully burdened fixed monthly rate basis for three plan types—Employee Only, Employee Plus One, and Family Plan—with separate rates for FHFA and FHFA-OIG employees. The vision plan design mirrors FHFA's current coverage, including a $150 retail frame allowance with 20 percent off any overage, with pricing quantities and rate structures detailed in the Price Worksheet (Attachment B). Performance of services will occur throughout the United States, with the contract being non-appropriated and fully funded by FHFA.