Louisiana Procurement and Contract Network #50001-2878

LSU Solicits Fully Insured Medicare Advantage Plan for Retirees and Dependents

Louisiana State University (LSU) is seeking bids for a fully insured Medicare Advantage plan for its Medicare-eligible retirees and their dependents. - Government Buyer: - Louisiana State University and Agricultural & Mechanical College (LSU System) - Office of Procurement Services - Services Requested: - Fully insured Medicare Advantage Prescription Drug (MAPD) plan or Medicare Advantage (MA) medical plan paired with standalone Prescription Drug Plan (PDP) - Coverage for approximately 4,078 members (retirees and dependents) - Benefits must mirror the current LSU First Retiree Medicare Plan - Services include administration, insurance, member support, claims processing, pharmacy benefit management, provider network access, and compliance with CMS requirements - Notable Requirements: - Bidders must have at least 5 years of experience providing similar plans - Must be approved by the Centers for Medicare & Medicaid Services (CMS) - Must offer a national PPO network - Pricing is per member per month and must include all administrative fees and commissions - No specific OEMs or vendors are named in the solicitation - The contract includes an initial one-year term with two optional one-year renewals

Description

This solicitation is for a fully insured Medicare Advantage plan specifically designed for LSU retirees. The procurement is managed by LSU Procurement Services at Louisiana State University in Baton Rouge. Bidders must submit their responses electronically by the deadline of August 18, 2026, at 11:00 AM Central Time. The Office of Procurement Services is the contact point for inquiries related to this solicitation.

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