Bismarck Civicplus #1343

City of Bismarck RFP for Administrative Services and Stop-Loss Insurance

The City of Bismarck is seeking proposals for administrative services and stop-loss insurance to support its self-funded employee benefits plan. - Government Buyer: - City of Bismarck (local government) - Products/Services Requested: - Administrative services for the self-funded employee benefits plan - Must match current plan design - Options for both carved-in and carved-out Pharmacy Benefit Manager (PBM) and stop-loss models - Stop-loss insurance coverage - Must match current policy - Carriers must quote both carved-in and carved-out models, specifying any additional fees - Unique or Notable Requirements: - Preference for carriers offering multi-year rate guarantees or caps for administration and stop-loss - Implementation credits to cover run-out costs and transition fees are preferred - Carriers must support plan design matching and accommodate transition costs - No specific OEMs or vendors are named in the solicitation - No product part numbers or quantities are specified

Description

The City of Bismarck is seeking bids to provide administrative services and stop-loss insurance that match their current self-funded plan design. The solicitation focuses on comprehensive employee coverage while responsibly managing public funds. Carriers are requested to quote stop-loss provisions similar to the current policy, with options for carved-in and carved-out PBM and stop-loss models. Preference is given to multi-year rate guarantees and carriers offering implementation credits for run-out costs and transition fees.

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