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EXTRA-7240 - USA (Santa Fe, New Mexico) - Benefits and Actuarial Consultant Services - Deadline February 21,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-7240

Government Authority located in Santa Fe, New Mexico; USA based organization looking for expert vendor for benefits and actuarial consultant services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide benefits and actuarial consultant services for the self-insured health plan to the government authority located in Santa Fe, NM.
- Benefits Consulting and Actuarial Services including the design of an effective benefits plan that is competitive and affordable for both the state and its employees, attracts and retains employees, and meets the needs of state customers.
- Benefits consulting services include surveying SONM employees to determine which benefits are valuable to them, performing in-depth analyses of the current benefits package to ascertain whether certain benefits offer tax advantages over other types of benefits and are fiscally wise, assist with requests for proposals for an onsite clinic and other needed benefits and services, assist in drafting and designing upcoming yearly benefits plan, audit medical claims bi-annually for all SONM medical carriers and pharmacy benefit managers, report of findings and recommendations for cost containment related to medical claims audits within 30 days of audit completion.
- Actuarial consulting services include consult with the agency in the development of a plan that reflects benefit pricing and design that is affordable and meets the needs of state covered members, provide quarterly projections and trends of future benefit costs, budgets, and revenue of benefit to the self-funded plan; such information may be obtained  by analyzing claims liabilities, valuations, emerging benefit developments, rate renewal costs, and actual plan costs, advise the agency on new and revised benefit plan regulation and compliance standards within 10 days of new regulation and compliance standards, which may impact agency workload and customer services.
(2) All question had been submitted no later than January 31, 2020.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location

Expiry Date : Friday, 21 February, 2020

Question Answer Deadline : Friday, 31 January, 2020

Category : Professional, Consulting, Administrative or Management Support Services

Country : USA

State : New Mexico

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