This IFB cancelled, per request of Agency

This Invitation for Bid (IFB) for Greene County and Roanoke City in Virginia appears to have been cancelled per the agency's request, as indicated by the original posting date of May 6, 2009. While the original procurement details are limited, the attached documents suggest this was a solicitation for stop loss insurance coverage for a state or local government health benefit plan. The documents reference a Request for Proposals (RFP) seeking a stop loss insurance provider to cover approximately 25,000 employees and their dependents, with specific requirements including deductible levels, individual and aggregate stop loss thresholds, and coverage parameters. The original proposal was due by May 21, 2009, though an addendum indicates a potential extension to June 30, 2023. The RFP sought comprehensive stop loss insurance with specific coverage details, including fixed monthly premium rates and requirements for reimbursement percentages.

The procurement appeared to have set-aside provisions, with one document mentioning a 20% small business set-aside. Minority business enterprises (MBE) and women-owned business enterprises (WBE) were likely to receive preferential consideration. The current incumbent stop loss insurance provider was identified as ABC Insurance Company. The anticipated contract term was three years with two optional one-year renewals, with funding to be derived from state appropriations and employee contributions. The estimated annual budget for stop loss coverage was approximately $5 million. Potential respondents would need to demonstrate financial strength, claims management practices, and experience in providing stop loss insurance for government or educational entities. The procurement sought a provider capable of managing large claims, covering innovative medical treatments, and offering competitive pricing on a per-employee-per-month basis.