Lincoln Electric System Procureware #057-26

Lincoln Electric System Seeks Third-Party Administrator for Health and Prescription Drug Plan

Lincoln Electric System (LES), the municipal utility for Lincoln, Nebraska, is seeking a Third-Party Administrator (TPA) for its self-insured health and prescription drug plan. - Government Buyer: - Lincoln Electric System (LES), City of Lincoln, Nebraska - OEMs and Vendors Mentioned: - Auxiant (current TPA) - Fair American Insurance and Reinsurance Co. (current stop loss carrier) - Midlands Choice Premier (current PPO Network) - Serve You Rx (current Pharmacy Benefit Manager) - Products/Services Requested: - Third-Party Administration (TPA) services for health and prescription drug coverage - Claims administration for approximately 558 eligible employees - Plan reporting and analytics - Securing and marketing specific and aggregate stop loss coverage - PPO network management - Unique or Notable Requirements: - TPA must be authorized to provide services in Nebraska and demonstrate financial strength - Contract includes insurance requirements (workers' compensation, liability, etc.) - Compliance with Nebraska law and equal employment opportunity - Contract period is three years with two optional one-year renewals - Places of Performance: - Lincoln Electric System headquarters (2620 Fairfield Street, Lincoln, NE 68521) - 9445 Rokeby Road, Lincoln, NE - Rokeby Generating Station, Lincoln, NE - Terry Bundy Generating Station, Lincoln, NE

Description

Lincoln Electric System (LES) is issuing a Request for Proposal to select a third-party administrator (TPA) for health and prescription drug coverage. The TPA will manage claims administration and related services for LES's self-insured health plan, including claims processing, plan reporting, securing stop loss coverage, and managing PPO Network relationships. LES currently employs approximately 558 eligible employees across multiple locations in Nebraska. Proposals must be submitted via the LES Procurement Portal by June 4, 2026, and respondents must be authorized to provide services in Nebraska.

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