Iowa State University Ionwave #RFQ-1001470

Benefits Consulting Services for Iowa State University and University of Northern Iowa

Iowa State University of Science and Technology (ISU), together with the University of Northern Iowa (UNI), is seeking a contractor to provide comprehensive benefits consulting services for both employee and student benefit programs. - Government Buyer: - Iowa State University of Science and Technology (ISU) - University of Northern Iowa (UNI) - Scope of Services: - Strategic benefits consulting, including multi-year strategy, benchmarking, and plan design - Plan design and renewal support with actuarial modeling and leadership presentations - Compliance and regulatory support (ACA, HIPAA, COBRA, MHPAEA, legislative monitoring) - Data analytics and reporting (claims, utilization, cost drivers, predictive modeling) - Employee communication and education (open enrollment materials, guides, webinars) - Account management and service delivery (dedicated team, issue resolution) - Performance standards and annual stewardship reporting - For UNI only: pharmacy benefits management, vendor management and procurement support, and employee health and wellbeing strategy - Notable Requirements: - Experience with higher education clients and comprehensive benefits programs - Ability to provide actuarial, benchmarking, and advanced data analytics - Robust insurance coverage and compliance expertise - No specific OEMs or vendors are named in the solicitation.

Description

Iowa State University of Science and Technology (ISU) is soliciting proposals from qualified contractors to provide benefits consulting services. The scope includes strategic benefits consulting, plan design and renewal support, compliance and regulatory support, data analytics and reporting, employee communication and education, account management, and service delivery. The contract term is from January 1, 2027, to December 31, 2028, with three annual renewal options. The solicitation also involves services for the University of Northern Iowa with some additional specific requirements.

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